Jonathan Auerbach - Nov 21, 2023 Form 4 Insider Report for PayPal Holdings, Inc. (PYPL)

Role
Chief Strat., Gr & Data Ofr
Signature
By: Brian Yamasaki For: Jonathan Auerbach
Stock symbol
PYPL
Transactions as of
Nov 21, 2023
Transactions value $
-$3,610,373
Form type
4
Date filed
11/22/2023, 05:45 PM
Previous filing
Oct 3, 2023
Next filing
Dec 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction PYPL Common Stock -Sell -$3,456,298 -62,229 -43.21% $55.54 81,779 Nov 21, 2023 Direct F1, F2
transaction PYPL Common Stock -Sell -$154,074 -2,728 -3.34% $56.48 79,051 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).

Explanation of Responses:

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.