CHRISTODORO JONATHAN 4

What Happened Jonathan Christodoro, a PayPal director, received a fully vested stock payment award of 6,275 shares on 2026-05-19. The Form 4 reports the acquisition price as $0.00 (award/grant code A); per the company's Independent Director Compensation Policy the grant size is based on a $275,000 award divided by the closing share price on the grant date.

Key Details

• Transaction date: 2026-05-19; Form 4 filed: 2026-05-20 (timely).
• Transaction type/code: Award/Grant (A); 6,275 shares acquired at $0.00 per share on the Form 4.
• Award value: Determined under policy as $275,000 divided by the closing stock price on the grant date (per footnote F1).
• Shares owned after transaction: Not specified in this filing.
• Footnote: The shares represent a fully vested director stock payment calculated by dividing $275,000 by the company's closing price on the grant date and rounding up.

Context This grant is routine director compensation rather than an open-market purchase or sale. Such awards are standard for independent director pay and do not necessarily indicate the director's personal trading sentiment.