Sarnoff Ann 4

What Happened Ann Sarnoff, a director of PayPal Holdings, received a fully vested stock payment award of 6,275 shares on 2026-05-19. The Form 4 reports the acquisition as an award/grant (code A) at $0.00 per share; the grant was made pursuant to the company's Independent Director Compensation Policy and represents a $275,000 award divided by the closing stock price on the grant date (rounded up to the nearest whole share).

Key Details

• Transaction date: 2026-05-19; Form 4 filed 2026-05-20 (timely filing).
• Transaction type/code: Award/Grant (A); reported price $0.00 (company-paid award).
• Shares received: 6,275 shares (number determined by $275,000 ÷ closing price, rounded up).
• Shares owned after transaction: Not reported in the provided data.
• Footnote: Award granted under the Independent Director Compensation Policy; amount equals $275,000 converted into shares based on the grant-date close.

Context This was a compensation grant to an independent director, not an open-market purchase or sale. Such awards are routine director compensation and do not by themselves indicate a buy or sell signal about the company's stock. The Form 4 shows acquisition by award (no cash outlay by the director).