SEC Form 4 · accession 0001193125-26-273162
PayPal Holdings, Inc. · PYPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank Keller
Officer — Pres., Checkout Sol. & PayPal
Period of report
Jun 15, 2026
Accepted (ET)
Jun 16, 2026 · 9:18 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001633917
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock Units 1F1,F2,F3 | — | Jun 15, 2026 | A | 146,778 | A | — | — | Common Stock | 146,778 | 146,778 | D |
Explanation of responses
- F1Each performance stock unit represents a contingent right to receive one share of PayPal's common stock.
- F2The reporting person received a one-time performance-based restricted stock unit ("PSU") grant on June 15, 2026. The number of PSUs that may be earned is based on achievement of Company common stock price hurdles during the performance period beginning on March 1, 2029 and ending on March 1, 2031, with potential payouts at 0%, 100%, 175%, and 250% of the target number of PSUs. A stock price hurdle is attained when, at any time during the performance period, the Company's average closing price over a 60-calendar day period equals or exceeds the stock price hurdle. Upon attainment of a stock price hurdle, 25% of the earned PSUs will vest upon certification of the achievement and 75% will vest on March 1, 2031, in each case generally subject to the reporting person's continued employment through the vesting date.
- F3Not applicable.