PayPal Holdings, Inc. reported insider transactions by Aaron Webster on July 15, 2026, involving the company’s common stock and restricted stock units. The Form 4 reflects a combination of equity compensation activity: shares issued from vested restricted stock units, a new RSU grant, and shares withheld by the company to cover tax obligations. On July 15, Webster acquired 5,901 shares of PayPal common stock at $0 per share. This appears to relate to the vesting and settlement of restricted stock units, under which each vested RSU converts into one share of PayPal common stock. The filing notes that each restricted stock unit represents a contingent right to receive one share of PayPal common stock. The same filing reports a restricted stock unit award covering 67,139 shares, with a reported value or reference price of $47.37 per share. The award is subject to a three-year vesting schedule: one-third vests on the first anniversary of the grant date, and the remaining portion vests in equal quarterly installments of 1/12 on each quarterly anniversary thereafter, until the third anniversary, when the award becomes fully vested. Upon each vesting date, Webster will receive shares of PayPal common stock equal to the number of RSUs that vest. In addition, PayPal withheld 3,883 shares at $47.37 per share to satisfy tax withholding obligations connected with the vesting of RSUs. This type of transaction is typically reported with transaction code “F,” indicating a payment of tax liability by withholding or delivering securities rather than an open-market sale. The $47.37 price reflects the value used for the tax withholding calculation. Overall, the filing reports routine insider equity-compensation activity rather than an open-market purchase or discretionary sale. Webster received shares through vesting RSUs, received a new RSU grant tied to future service-based vesting, and surrendered shares back to PayPal for tax withholding associated with the vesting event.