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PayPal | 4: Statement of changes in beneficial ownership of securities-Officer Miller Jamie S

SEC ·  Dec 17, 2024 08:52

Summary by Futu AI

On 12/15/2024, Jamie S Miller, EVP and CFO of PayPal, executed a series of transactions involving company stock. Miller exercised derivative securities, acquiring 48,022 shares of Common Stock at $0 per share. This acquisition was split into two transactions: 36,380 shares and 11,642 shares.Following the acquisition, Miller disposed of 24,516 shares at $91.02 per share, totaling $2,231,446.32. This disposal was executed as payment for the exercise price or tax liability. After these transactions, Miller's direct ownership of PayPal Common Stock stands at 23,506 shares.All transactions were completed on the same day, 12/15/2024, and were reported as direct ownership. The exercise of options and subsequent sale is a common practice among executives for liquidity or tax planning purposes.
On 12/15/2024, Jamie S Miller, EVP and CFO of PayPal, executed a series of transactions involving company stock. Miller exercised derivative securities, acquiring 48,022 shares of Common Stock at $0 per share. This acquisition was split into two transactions: 36,380 shares and 11,642 shares.Following the acquisition, Miller disposed of 24,516 shares at $91.02 per share, totaling $2,231,446.32. This disposal was executed as payment for the exercise price or tax liability. After these transactions, Miller's direct ownership of PayPal Common Stock stands at 23,506 shares.All transactions were completed on the same day, 12/15/2024, and were reported as direct ownership. The exercise of options and subsequent sale is a common practice among executives for liquidity or tax planning purposes.

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