PayPal: EVP global chief risk officer Aaron Webster exercised 8,522 shares

What happened Aaron Webster, EVP, global chief risk officer, exercised or converted restricted stock units into 5,900 and 2,622 shares (8,522 shares total) on Oct 15, 2026 at a reported price of $0.00. The filing shows 3,883 shares were withheld to satisfy tax withholding at $56.10 per share for a total of $217,836. The filing also reports the exercised derivative entries as disposed as derivatives at $0.00.

Key details

• Transaction date: Oct 15, 2026; filing date: Oct 16, 2026.
• Exercise/conversion: 5,900 shares and 2,622 shares acquired at $0.00 (derivative code M).
• Tax withholding: 3,883 shares disposed at $56.10 for $217,836 (code F).
• Shares owned after the transaction: not reported in the filing.
• Relevant footnotes: F1 indicates shares were withheld to satisfy tax obligations in connection with vesting; F2 clarifies each restricted stock unit represents one share; F3 describes the Apr 15, 2024 RSU grant and its three-year vesting schedule.
• The filing does not state that it was late.

Why it may matter

• This transaction reflects RSU vesting and share withholding to cover taxes rather than a market sale of all vested shares.
• The filing shows an exercise/conversion of derivative awards and a tax-withholding disposition; it does not explain the insider's reasons or the company's reasons.
  A filing does not show why the insider traded or why the company acted.