Natali Chris 4
4 · PayPal Holdings, Inc. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
PayPal SVP Chris Natali Exercises Derivatives; 390 Shares Withheld
What Happened
Chris Natali, PayPal’s SVP and Chief Accounting Officer, had restricted/derivative awards convert into 1,126 shares on June 1, 2026 (1,023 + 103). Of those, 390 shares were withheld/disposed to satisfy tax withholding at $44.75 per share, totaling $17,453. The filing shows the derivative interests were converted (code M) and the tax withholding was reported as a share-for-tax payment (code F).
Key Details
- Transaction date: June 1, 2026; Form 4 filed June 2, 2026 (appears timely).
- Converted/issued: 1,126 shares (1,023 + 103) from derivative/RSU conversion (reported at $0.00 per share).
- Shares withheld for taxes: 390 shares sold/withheld at $44.75 each = $17,453.
- Net shares issued to Natali (after withholding): 1,126 − 390 = 736 shares issued to her.
- Footnotes: Vesting relates to RSU grants (one dated March 1, 2025 and another March 15, 2025) with three-year vesting schedules described in the filing; F1–F5 explain these are RSUs and the withholding was to satisfy tax obligations.
- Shares owned after the transaction: Not specified in the provided filing excerpt.
Context
- This was a routine RSU vesting and tax-withholding transaction (a cashless/tax-withholding disposition), not an open-market sale or purchase. Such withholdings are common when equity awards vest and do not necessarily indicate a change in insider sentiment.
- Code notes: M = exercise/conversion of a derivative (RSU conversion here); F = shares withheld/used to pay tax liabilities.
Insider Transaction Report
Form 4
Natali Chris
SVP, Chief Accounting Officer
Transactions
- Exercise/Conversion
Common Stock
2026-06-01+1,023→ 2,609 total - Exercise/Conversion
Common Stock
2026-06-01+103→ 2,712 total - Tax Payment
Common Stock
[F1]2026-06-01$44.75/sh−390$17,453→ 2,322 total - Exercise/Conversion
Restricted Stock Units -2
[F2][F3][F4]2026-06-01−1,023→ 7,157 total→ Common Stock (1,023 underlying) - Exercise/Conversion
Restricted Stock Units -3
[F2][F5][F4]2026-06-01−103→ 715 total→ Common Stock (103 underlying)
Footnotes (5)
- [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 on March 1, 2025, 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.
- [F5]The reporting person received a restricted stock unit grant on March 15, 2025, subject to a three-year vesting schedule, vesting 1/3 on March 1, 2026, and 1/12 each quarter thereafter until March 1, 2028, 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.
Signature
By: Brian Yamasaki For: Chris Natali|2026-06-02