PayPal: SVP chief accounting officer Natali Chris exercised 2,727 shares

What happened

• Natali Chris, SVP, chief accounting officer, exercised or converted 2,727 derivative shares on Oct 15, 2026 (acquired at $0.00).
• The filing reports 1,291 shares were withheld to satisfy tax withholding at $56.10 per share for total value $72,425 (disposed).
• The filing also reports a derivative disposition of 2,727 shares at $0.00.

Key details

• Transaction date: Oct 15, 2026. Filing date: Oct 16, 2026. Period of report: Oct 15, 2026.
• Transactions and codes: M (exercise or conversion of derivative) — 2,727 shares acquired at $0.00; F (payment of exercise price or tax liability via share withholding) — 1,291 shares disposed at $56.10 for $72,425; M (derivative) — 2,727 shares disposed at $0.00.
• Shares owned after the transactions: not reported in the filing.
• Footnotes: F1 — shares withheld to satisfy tax withholding in connection with vesting of restricted stock units; F2 — each restricted stock unit represents a contingent right to one share; F3 — RSU grant on Jul 15, 2024 subject to a three-year vesting schedule; F4 — not applicable.

Why it may matter

• The filing shows exercise/conversion of derivative instruments and that shares were withheld to satisfy tax withholding (cashless withholding).
• The filing reports exercised/converted derivatives and withheld shares rather than a separate open-market sale.
• A filing does not show why the insider traded or why the company acted.