Natali Chris 4

4 · PayPal Holdings, Inc. · Filed Apr 16, 2026

AI-generated summary of this filing

Updated Apr 16, 2026

PayPal (PYPL) Natali Chris Receives 2,726 Shares; 943 Withheld

What Happened

Natali Chris, SVP and Chief Accounting Officer at PayPal, had 2,726 restricted stock units (RSUs) vest/convert into 2,726 shares on April 15, 2026. The conversion is reported as a derivative exercise (code M) at $0.00 per share (typical for RSU vesting).
To cover tax withholding, 943 of those shares were surrendered (code F) at an implied value of $47.97 per share, totaling $45,236. The remaining vested shares were retained by the reporting person.

Key Details

Transaction date: 2026-04-15; Form 4 filed 2026-04-16 (timely).
Conversion: 2,726 RSUs → 2,726 shares (reported at $0.00 per share).
Tax withholding: 943 shares withheld/paid, price shown $47.97, proceeds/value $45,236.
Shares owned after transaction: not specified in the provided excerpt of the filing.
Footnotes: F1–F3 note that shares were withheld to satisfy tax obligations and that each RSU equals one share; the award vests on a three‑year schedule (1/3 after one year, then quarterly thereafter).
Transaction codes: M = exercise/conversion of derivative (RSU vesting); F = shares withheld for tax withholding.

Context

This was not a market buy or open‑market sale but the routine vesting/conversion of an equity award (RSUs) with a portion withheld to cover taxes — a common administrative transaction that does not necessarily indicate a change in insider sentiment.
For RSU vesting, the $0.00 per-share "price" reflects that no cash purchase occurred; the taxable value is reflected by the withholding calculation.

Form 4

Period: 2026-04-15

SVP, Chief Accounting Officer

Transactions

Exercise/Conversion
Common Stock
2026-04-15+2,726→ 3,866 total
Tax Payment
Common Stock
[F1]
2026-04-15$47.97/sh−943$45,236→ 2,923 total
Exercise/Conversion
Restricted Stock Units -1
[F2][F3][F4]
2026-04-15−2,726→ 13,629 total
→ Common Stock (2,726 underlying)

Footnotes (4)

[F1]Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units granted to the reporting person.
[F2]Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
[F3]The reporting person received a restricted stock unit grant subject to a three-year vesting schedule, vesting 1/3 on the one year anniversary of the grant date of the restricted stock unit award, and 1/12 on each quarterly anniversary of the grant date thereafter until the third anniversary of the grant date, on which date the grant shall be fully vested. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
[F4]Not applicable.

Signature

By: Brian Yamasaki For: Chris Natali|2026-04-16

1 file