Kereere Suzan 4

What Happened
Suzan Kereere, President, Global Markets at PayPal, sold a total of 37,613 shares in two open-market transactions on February 18, 2026, for aggregate proceeds of approximately $1,560,409. The sales were: 31,413 shares at an average price of $41.45 ($1,302,069) and 6,200 shares at an average price of $41.67 ($258,340). These were outright sales (code S) and are typically viewed as routine liquidity rather than an expressed view on the company.

Key Details

• Transaction date: February 18, 2026; Form 4 filed February 19, 2026 (appears timely).
• Tranche 1: 31,413 shares sold @ $41.45 (weighted avg; price range $40.63–$41.625).
• Tranche 2: 6,200 shares sold @ $41.67 (weighted avg; price range $41.63–$41.75).
• Total shares sold: 37,613; total proceeds: ~$1,560,409.
• Shares owned after transaction: Not specified in the filing.
• Notable footnote: Trades were made pursuant to a Rule 10b5-1 plan adopted March 7, 2025 — indicating the sales were preplanned.
• Transaction type: Open-market sales (code S); no options exercise, gifts, or tax-withholding reported.

Context
Sales executed under a 10b5-1 plan are prearranged and common among insiders to manage regular liquidity or tax obligations; they do not, by themselves, indicate a change in insider sentiment. For retail investors, purchases generally offer stronger informational value than routine sales like these.