Summary by Futu AI
Jonathan Auerbach, an officer at PayPal Holdings, Inc., is set to sell 59,322 shares of the company's common stock, with an aggregate market value of approximately $3,473,434. The sale is scheduled for 03/07/2024. Auerbach acquired these shares through a combination of open market purchases and employee stock compensation from 2015 to 2023. The initial purchases were made with cash, while the bulk of the securities were obtained as part of his compensation package over the years. This transaction follows a period where no sales were reported in the past three months, as per the latest filings.