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PayPal | 4: Statement of changes in beneficial ownership of securities-Director DORMAN DAVID W

SEC ·  Jan 4 06:42

Summary by Futu AI

On January 2, 2025, David W. Dorman, an insider at PayPal, was granted 1,335 shares of Common Stock at $0 per share. This transaction was reported as completed.Following the acquisition, Dorman's direct ownership increased to 64,674 shares. Additionally, he indirectly owns 1,547 shares through various family trusts: 495 shares in 2021 Family Trust 1, 605 in 2021 Family Trust 2, 150 in 2021 Family Trust 3, 72 in 2021 Family Trust 4, and 225 in 2021 Family Trust 5.This stock grant appears to be part of PayPal's executive compensation program, potentially aligning the insider's interests with those of shareholders. The transaction's timing at the start of the year suggests it may be part of an annual award cycle.
On January 2, 2025, David W. Dorman, an insider at PayPal, was granted 1,335 shares of Common Stock at $0 per share. This transaction was reported as completed.Following the acquisition, Dorman's direct ownership increased to 64,674 shares. Additionally, he indirectly owns 1,547 shares through various family trusts: 495 shares in 2021 Family Trust 1, 605 in 2021 Family Trust 2, 150 in 2021 Family Trust 3, 72 in 2021 Family Trust 4, and 225 in 2021 Family Trust 5.This stock grant appears to be part of PayPal's executive compensation program, potentially aligning the insider's interests with those of shareholders. The transaction's timing at the start of the year suggests it may be part of an annual award cycle.

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