| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PYPL | Common Stock | Sale | -$3.46M | -62.2K | -43.21% | $55.54 | 81.8K | Nov 21, 2023 | Direct | F1, F2 |
| transaction | PYPL | Common Stock | Sale | -$154K | -2.73K | -3.34% | $56.48 | 79.1K | Nov 21, 2023 | Direct | F1, F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The sales reported were effected pursuant to a Rule 10b5-1 trading plan. |
| F2 | Represents the weighted average price of shares sold at prices that ranged from $55.29 to $56.28. |
| F3 | Represents the weighted average price of shares sold at prices that ranged from $56.30 to $56.57. |