PayPal (PYPL) President Global Markets Suzan Kereere Sells Shares

What Happened

• Suzan Kereere, President, Global Markets at PayPal, sold a total of 4,162 shares in open-market transactions on August 18, 2026, for total proceeds of about $253,723. The filing lists two trades: 3,362 shares at $60.86 ($204,599) and 800 shares at $61.41 ($49,124). These were sales (not purchases) and are typically routine dispositions.

Key Details

• Transaction date: 2026-08-18; Form 4 filed 2026-08-19 (timely filing).
• Trades: 3,362 shares sold @ $60.86 (proceeds $204,599); 800 shares sold @ $61.41 (proceeds $49,124); combined ≈ $253,723.
• Footnotes: F1 notes weighted avg price for that block ranged $60.23–$61.22; F2 notes weighted avg price for the other block ranged $61.23–$61.50.
• Plan: Transactions were made pursuant to a Rule 10b5-1 trading plan adopted November 14, 2025.
• Shares owned after transaction: not specified in the provided filing details.

Context

• Sales made under a 10b5-1 plan are prearranged trades executed according to a pre-existing schedule or formula; they may not reflect the insider’s current view of the company. Sales (S) are generally less informative than purchases for signaling insider conviction.