PayPal (PYPL) President Global Markets Suzan Kereere Sells Shares

What Happened Suzan Kereere, President, Global Markets at PayPal (PYPL), sold a total of 3,379 shares on 2026-09-03 in three open-market transactions. The sales were: 1,100 shares at $54.53 for $59,981; 995 shares at $55.79 for $55,512; and 1,284 shares at $56.69 for $72,790 — total proceeds ≈ $188,283 and a weighted average price ≈ $55.74. These were sales (not purchases), which are often routine portfolio transactions rather than a direct statement about company prospects.

Key Details

• Transaction date reported: 2026-09-03; Form 4 filed: 2026-09-08.
• Individual trades:
  • 1,100 shares @ $54.53 = $59,981
  • 995 shares @ $55.79 = $55,512
  • 1,284 shares @ $56.69 = $72,790
• Aggregate: 3,379 shares sold for ≈ $188,283; weighted avg ≈ $55.74.
• Shares owned after transaction: not provided in the information supplied on this summary.
• Footnotes:
  • F1: weighted avg price for one group of sales ranged $54.09–$55.01.
  • F2: weighted avg price for one group ranged $55.56–$56.49.
  • F3: weighted avg price for one group ranged $56.58–$56.84.
• Remark: Transactions were made pursuant to a Rule 10b5-1 trading plan adopted on November 14, 2025 (pre-scheduled plan).

Context

• Sales executed under a 10b5-1 plan are pre-arranged and commonly used by insiders to sell shares on a set schedule; they are generally considered routine. Purchases tend to be a stronger bullish signal than sales. This Form 4 shows routine open-market disposals by an executive and does not by itself indicate a change in management’s view of PayPal.