PayPal insider activity
What the executives and directors of PayPal actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
−$8.0M
net open-market flow, 12 m
1 open-market buy, 12 m
81%
of sale value on 10b5-1 plans, 12 m
98 days since an insider bought, whole record
The tape: three years of insider trades
Open-market buy
Discretionary sale
Planned sale (10b5-1)
Reported-price path
Routine
Every marker sits at the price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.
The 136 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| Sep 15, 2026 | Miller Jamie S | 18K |
| Sep 1, 2026 | Miller Jamie S | 11K |
| Sep 1, 2026 | Webster Aaron | 6,699 |
| Sep 1, 2026 | Kereere Suzan | 10K |
| Sep 1, 2026 | Natali Chris | 1,516 |
| Sep 1, 2026 | Keller Frank | 16K |
| Aug 15, 2026 | Kereere Suzan | 13K |
| Jul 15, 2026 | Webster Aaron | 12K |
| Jul 15, 2026 | Natali Chris | 3,669 |
| Jul 15, 2026 | Keller Frank | 2,546 |
| Jun 15, 2026 | Miller Jamie S | 18K |
| Jun 1, 2026 | Miller Jamie S | 11K |
| Jun 1, 2026 | Webster Aaron | 6,699 |
| Jun 1, 2026 | Kereere Suzan | 10K |
| Jun 1, 2026 | Natali Chris | 1,516 |
| Jun 1, 2026 | Keller Frank | 16K |
| May 19, 2026 | DORMAN DAVID W | 8,271 |
| May 19, 2026 | MOFFETT DAVID M | 6,275 |
| May 19, 2026 | Sarnoff Ann | 6,275 |
| May 19, 2026 | Yeary Frank D | 6,275 |
| May 19, 2026 | CHRISTODORO JONATHAN | 6,275 |
| May 19, 2026 | Henry Alyssa | 6,275 |
| May 19, 2026 | Stanley Deirdre | 6,275 |
| May 19, 2026 | MESSEMER DEBORAH M. | 6,275 |
| May 19, 2026 | Di Sibio Carmine | 6,275 |
| May 19, 2026 | Chik Joy | 6,275 |
| May 15, 2026 | Kereere Suzan | 13K |
| Apr 15, 2026 | Scotti Diego | 13K |
| Apr 15, 2026 | Webster Aaron | 12K |
| Apr 15, 2026 | Natali Chris | 3,669 |
| Apr 15, 2026 | Keller Frank | 2,546 |
| Mar 25, 2026 | Henry Alyssa | 1,210 |
| Mar 15, 2026 | Miller Jamie S | 18K |
| Mar 15, 2026 | Gill Michelle | 18K |
| Mar 1, 2026 | Miller Jamie S | 45K |
| Mar 1, 2026 | Scotti Diego | 43K |
| Mar 1, 2026 | Gill Michelle | 41K |
| Mar 1, 2026 | Webster Aaron | 27K |
| Mar 1, 2026 | Kereere Suzan | 42K |
| Mar 1, 2026 | Natali Chris | 6,058 |
| Mar 1, 2026 | Keller Frank | 103K |
| Feb 15, 2026 | Kereere Suzan | 102K |
| Feb 2, 2026 | DORMAN DAVID W | 2,085 |
| Jan 15, 2026 | Scotti Diego | 12K |
| Jan 15, 2026 | Chriss James Alexander | 33K |
| Jan 15, 2026 | Webster Aaron | 11K |
| Jan 15, 2026 | Natali Chris | 3,835 |
| Jan 15, 2026 | Keller Frank | 2,387 |
| Jan 2, 2026 | DORMAN DAVID W | 2,150 |
| Jan 2, 2026 | LORES ENRIQUE | 2,881 |
| Jan 2, 2026 | Stanley Deirdre | 1,892 |
| Dec 15, 2025 | Miller Jamie S | 18K |
| Dec 15, 2025 | Gill Michelle | 18K |
| Dec 1, 2025 | Keller Frank | 8,997 |
| Nov 15, 2025 | Kereere Suzan | 13K |
| Oct 15, 2025 | Scotti Diego | 13K |
| Oct 15, 2025 | Chriss James Alexander | 163K |
| Oct 15, 2025 | Webster Aaron | 12K |
| Oct 15, 2025 | Natali Chris | 4,080 |
| Oct 15, 2025 | Keller Frank | 2,546 |
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
The chart, in numbers
| Flow | Shares |
|---|---|
| Granted | 108K |
| Vested / exercised | 610K |
| Bought on market | 6,129 |
| Withheld for tax | 321K |
| Planned sales (10b5-1) | 140K |
| Discretionary sales | 23K |
| Kept | 239K |
Skin in the game
Directly held shares as reported after each trade, indexed to 100 at the start of the window, up to five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
The chart, in numbers
| Insider | Start of the window | Latest reported | Indexed, start = 100 |
|---|---|---|---|
| DORMAN DAVID W | 45K | 81K | 178.4 |
| MOFFETT DAVID M | 74K | 77K | 104.9 |
| Gill Michelle | 24K | 68K | 282.8 |
Who holds what
the 14 largest holdings of 29| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| SCHULMAN DANIEL H Last trade Feb 17, 2023 | Director | 619K | – | – | Feb 17, 2023 | |
| Chriss James Alexander President and CEO | CEO | 206K | – | – | – | |
| Karczmer Aaron EVP, Chief Enterprise Services Last trade Mar 3, 2021 | Officer | 137K | – | – | Mar 3, 2021 | |
| Miller Jamie S Chief Fin & Op Officer Last trade Jun 15, 2026 | Officer | 90K | $255K | – | net buying over the year: 1 month buying, 0 months selling | Jun 15, 2026 |
| Donahoe John J Last trade Nov 9, 2021 | Director | 82K | – | – | Nov 9, 2021 | |
| Auerbach Jonathan Chief Strat., Gr & Data Ofr Last trade Nov 21, 2023 | Officer | 82K | – | – | Nov 21, 2023 | |
| DORMAN DAVID W Last trade Feb 8, 2022 | Director | 82K | – | – | Feb 8, 2022 | |
| MOFFETT DAVID M Last trade Aug 27, 2020 | Director | 77K | – | – | Aug 27, 2020 | |
| Gill Michelle EVP, GM, SMB & Financial Svcs | Officer | 71K | – | – | – | |
| Webster Aaron EVP, Global Chief Risk Officer Last trade Nov 10, 2025 | Officer | 68K | – | $615K | net selling over the year: 0 months buying, 1 month selling | Nov 10, 2025 |
| Yeary Frank D Last trade Feb 18, 2022 | Director | 62K | – | – | Feb 18, 2022 | |
| CHRISTODORO JONATHAN | Director | 48K | – | – | – | |
| Keller Frank Pres., Checkout Sol. & PayPal Last trade Sep 3, 2026 | Officer | 44K | – | $2.5M | net selling over the year: 0 months buying, 6 months selling | Sep 3, 2026 |
| Alford Peggy EVP, Global Sales Last trade Nov 27, 2023 | Officer | 44K | – | – | Nov 27, 2023 |
Open-market trade log
the 60 most recent of 672| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| Sep 3, 2026 | Kereere Suzan (Officer) 995 shares $55.79 −0.1% since trade filed Sep 8, 2026 | Planned sale (10b5-1) | 995 | $55.79 | $56K | −0.1% | Sep 8, 2026 |
| Sep 3, 2026 | Kereere Suzan (Officer) 1,100 shares $54.53 +2.2% since trade filed Sep 8, 2026 | Planned sale (10b5-1) | 1,100 | $54.53 | $60K | +2.2% | Sep 8, 2026 |
| Sep 3, 2026 | Kereere Suzan (Officer) 1,284 shares $56.69 −1.7% since trade filed Sep 8, 2026 | Planned sale (10b5-1) | 1,284 | $56.69 | $73K | −1.7% | Sep 8, 2026 |
| Sep 3, 2026 | Natali Chris (Officer) 552 shares $54.80 +1.7% since trade filed Sep 8, 2026 | Planned sale (10b5-1) | 552 | $54.80 | $30K | +1.7% | Sep 8, 2026 |
| Sep 3, 2026 | Keller Frank (Officer) 1,000 shares $55.74 +0.0% since trade filed Sep 8, 2026 | Planned sale (10b5-1) | 1,000 | $55.74 | $56K | +0.0% | Sep 8, 2026 |
| Sep 3, 2026 | Keller Frank (Officer) 1,185 shares $56.71 −1.7% since trade filed Sep 8, 2026 | Planned sale (10b5-1) | 1,185 | $56.71 | $67K | −1.7% | Sep 8, 2026 |
| Sep 3, 2026 | Keller Frank (Officer) 2,427 shares $54.68 +1.9% since trade filed Sep 8, 2026 | Planned sale (10b5-1) | 2,427 | $54.68 | $133K | +1.9% | Sep 8, 2026 |
| Aug 18, 2026 | Kereere Suzan (Officer) 800 shares $61.41 −9.2% since trade filed Aug 19, 2026 | Planned sale (10b5-1) | 800 | $61.41 | $49K | −9.2% | Aug 19, 2026 |
| Aug 18, 2026 | Kereere Suzan (Officer) 3,362 shares $60.86 −8.4% since trade filed Aug 19, 2026 | Planned sale (10b5-1) | 3,362 | $60.86 | $205K | −8.4% | Aug 19, 2026 |
| Jul 29, 2026 | Natali Chris (Officer) 1,337 shares $58.10 −4.1% since trade filed Jul 30, 2026 | Planned sale (10b5-1) | 1,337 | $58.10 | $78K | −4.1% | Jul 30, 2026 |
| Jul 29, 2026 | Keller Frank (Officer) 732 shares $58.10 −4.1% since trade filed Jul 30, 2026 | Planned sale (10b5-1) | 732 | $58.10 | $43K | −4.1% | Jul 30, 2026 |
| Jun 15, 2026 | Miller Jamie S (Officer) 6,129 shares $41.53 +34.2% since trade filed Jun 16, 2026 | Open-market buy | 6,129 | $41.53 | $255K | +34.2% | Jun 16, 2026 |
| Jun 3, 2026 | Kereere Suzan (Officer) 3,379 shares $42.79 +30.3% since trade filed Jun 4, 2026 | Planned sale (10b5-1) | 3,379 | $42.79 | $145K | +30.3% | Jun 4, 2026 |
| Jun 3, 2026 | Natali Chris (Officer) 552 shares $42.65 +30.7% since trade filed Jun 4, 2026 | Planned sale (10b5-1) | 552 | $42.65 | $24K | +30.7% | Jun 4, 2026 |
| Jun 3, 2026 | Keller Frank (Officer) 4,612 shares $42.54 +31.0% since trade filed Jun 4, 2026 | Planned sale (10b5-1) | 4,612 | $42.54 | $196K | +31.0% | Jun 4, 2026 |
| May 19, 2026 | Kereere Suzan (Officer) 200 shares $44.87 +24.2% since trade filed May 20, 2026 | Planned sale (10b5-1) | 200 | $44.87 | $9K | +24.2% | May 20, 2026 |
| May 19, 2026 | Kereere Suzan (Officer) 3,962 shares $44.16 +26.2% since trade filed May 20, 2026 | Planned sale (10b5-1) | 3,962 | $44.16 | $175K | +26.2% | May 20, 2026 |
| Apr 29, 2026 | Natali Chris (Officer) 1,337 shares $49.46 +12.7% since trade filed Apr 30, 2026 | Planned sale (10b5-1) | 1,337 | $49.46 | $66K | +12.7% | Apr 30, 2026 |
| Apr 29, 2026 | Keller Frank (Officer) 732 shares $49.46 +12.7% since trade filed Apr 30, 2026 | Planned sale (10b5-1) | 732 | $49.46 | $36K | +12.7% | Apr 30, 2026 |
| Apr 29, 2026 | Keller Frank (Officer) 10K shares $50.00 +11.5% since trade filed Apr 30, 2026 | Planned sale (10b5-1) | 10K | $50.00 | $500K | +11.5% | Apr 30, 2026 |
| Mar 3, 2026 | Kereere Suzan (Officer) 700 shares $46.80 +19.1% since trade filed Mar 4, 2026 | Planned sale (10b5-1) | 700 | $46.80 | $33K | +19.1% | Mar 4, 2026 |
| Mar 3, 2026 | Kereere Suzan (Officer) 4,000 shares $45.18 +23.4% since trade filed Mar 4, 2026 | Planned sale (10b5-1) | 4,000 | $45.18 | $181K | +23.4% | Mar 4, 2026 |
| Mar 3, 2026 | Kereere Suzan (Officer) 8,815 shares $46.34 +20.3% since trade filed Mar 4, 2026 | Planned sale (10b5-1) | 8,815 | $46.34 | $408K | +20.3% | Mar 4, 2026 |
| Mar 3, 2026 | Natali Chris (Officer) 2,208 shares $44.73 +24.6% since trade filed Mar 4, 2026 | Planned sale (10b5-1) | 2,208 | $44.73 | $99K | +24.6% | Mar 4, 2026 |
| Mar 3, 2026 | Keller Frank (Officer) 1,204 shares $46.82 +19.1% since trade filed Mar 4, 2026 | Planned sale (10b5-1) | 1,204 | $46.82 | $56K | +19.1% | Mar 4, 2026 |
| Mar 3, 2026 | Keller Frank (Officer) 8,901 shares $45.19 +23.4% since trade filed Mar 4, 2026 | Planned sale (10b5-1) | 8,901 | $45.19 | $402K | +23.4% | Mar 4, 2026 |
| Mar 3, 2026 | Keller Frank (Officer) 19K shares $46.35 +20.3% since trade filed Mar 4, 2026 | Planned sale (10b5-1) | 19K | $46.35 | $903K | +20.3% | Mar 4, 2026 |
| Feb 18, 2026 | Kereere Suzan (Officer) 6,200 shares $41.67 +33.8% since trade filed Feb 19, 2026 | Planned sale (10b5-1) | 6,200 | $41.67 | $258K | +33.8% | Feb 19, 2026 |
| Feb 18, 2026 | Kereere Suzan (Officer) 31K shares $41.45 +34.5% since trade filed Feb 19, 2026 | Planned sale (10b5-1) | 31K | $41.45 | $1.3M | +34.5% | Feb 19, 2026 |
| Feb 17, 2026 | Natali Chris (Officer) 1,213 shares $40.49 +37.7% since trade filed Feb 18, 2026 | Planned sale (10b5-1) | 1,213 | $40.49 | $49K | +37.7% | Feb 18, 2026 |
| Feb 6, 2026 | Keller Frank (Officer) 3,478 shares $40.20 +38.7% since trade filed Feb 9, 2026 | Planned sale (10b5-1) | 3,478 | $40.20 | $140K | +38.7% | Feb 9, 2026 |
| Nov 19, 2025 | Kereere Suzan (Officer) 200 shares $60.57 −8.0% since trade filed Nov 20, 2025 | Planned sale (10b5-1) | 200 | $60.57 | $12K | −8.0% | Nov 20, 2025 |
| Nov 19, 2025 | Kereere Suzan (Officer) 3,962 shares $59.80 −6.8% since trade filed Nov 20, 2025 | Planned sale (10b5-1) | 3,962 | $59.80 | $237K | −6.8% | Nov 20, 2025 |
| Nov 10, 2025 | Webster Aaron (Officer) 934 shares $66.29 −15.9% since trade filed Nov 12, 2025 | Discretionary sale | 934 | $66.29 | $62K | −15.9% | Nov 12, 2025 |
| Nov 10, 2025 | Webster Aaron (Officer) 1,150 shares $66.30 −15.9% since trade filed Nov 12, 2025 | Discretionary sale | 1,150 | $66.30 | $76K | −15.9% | Nov 12, 2025 |
| Nov 10, 2025 | Webster Aaron (Officer) 7,198 shares $66.29 −15.9% since trade filed Nov 12, 2025 | Discretionary sale | 7,198 | $66.29 | $477K | −15.9% | Nov 12, 2025 |
| Nov 3, 2025 | Kereere Suzan (Officer) 2,500 shares $68.96 −19.2% since trade filed Nov 4, 2025 | Discretionary sale | 2,500 | $68.96 | $172K | −19.2% | Nov 4, 2025 |
| Nov 3, 2025 | Kereere Suzan (Officer) 10K shares $68.85 −19.0% since trade filed Nov 4, 2025 | Discretionary sale | 10K | $68.85 | $689K | −19.0% | Nov 4, 2025 |
| Oct 30, 2025 | Scotti Diego (Officer) 141 shares $70.20 −20.6% since trade filed Oct 31, 2025 | Planned sale (10b5-1) | 141 | $70.20 | $10K | −20.6% | Oct 31, 2025 |
| Oct 30, 2025 | Scotti Diego (Officer) 1,800 shares $69.47 −19.8% since trade filed Oct 31, 2025 | Planned sale (10b5-1) | 1,800 | $69.47 | $125K | −19.8% | Oct 31, 2025 |
| Oct 30, 2025 | Scotti Diego (Officer) 1,897 shares $68.41 −18.5% since trade filed Oct 31, 2025 | Planned sale (10b5-1) | 1,897 | $68.41 | $130K | −18.5% | Oct 31, 2025 |
| Oct 30, 2025 | Kereere Suzan (Officer) 5,000 shares $69.52 −19.8% since trade filed Oct 31, 2025 | Planned sale (10b5-1) | 5,000 | $69.52 | $348K | −19.8% | Oct 31, 2025 |
| Oct 30, 2025 | Natali Chris (Officer) 1,374 shares $69.13 −19.4% since trade filed Oct 31, 2025 | Discretionary sale | 1,374 | $69.13 | $95K | −19.4% | Oct 31, 2025 |
| Aug 19, 2025 | Kereere Suzan (Officer) 330 shares $70.29 −20.7% since trade filed Aug 20, 2025 | Planned sale (10b5-1) | 330 | $70.29 | $23K | −20.7% | Aug 20, 2025 |
| Aug 19, 2025 | Kereere Suzan (Officer) 3,832 shares $69.31 −19.6% since trade filed Aug 20, 2025 | Planned sale (10b5-1) | 3,832 | $69.31 | $266K | −19.6% | Aug 20, 2025 |
| Jul 31, 2025 | Scotti Diego (Officer) 569 shares $69.77 −20.1% since trade filed Aug 1, 2025 | Planned sale (10b5-1) | 569 | $69.77 | $40K | −20.1% | Aug 1, 2025 |
| Jul 31, 2025 | Scotti Diego (Officer) 3,269 shares $69.01 −19.2% since trade filed Aug 1, 2025 | Planned sale (10b5-1) | 3,269 | $69.01 | $226K | −19.2% | Aug 1, 2025 |
| Jul 31, 2025 | Natali Chris (Officer) 7,102 shares $69.35 −19.6% since trade filed Aug 1, 2025 | Discretionary sale | 7,102 | $69.35 | $493K | −19.6% | Aug 1, 2025 |
| Jun 6, 2025 | Scotti Diego (Officer) 3,839 shares $73.24 −23.9% since trade filed Jun 9, 2025 | Planned sale (10b5-1) | 3,839 | $73.24 | $281K | −23.9% | Jun 9, 2025 |
| Jun 6, 2025 | MESSEMER DEBORAH M. (Director) 3,795 shares $73.00 −23.6% since trade filed Jun 6, 2025 | Discretionary sale | 3,795 | $73.00 | $277K | −23.6% | Jun 6, 2025 |
| Jun 6, 2025 | Kereere Suzan (Officer) 4,162 shares $73.24 −23.9% since trade filed Jun 9, 2025 | Planned sale (10b5-1) | 4,162 | $73.24 | $305K | −23.9% | Jun 9, 2025 |
| Feb 27, 2025 | MCGOVERN GAIL J (Director) 2,446 shares $72.15 −22.7% since trade filed Feb 28, 2025 | Discretionary sale | 2,446 | $72.15 | $176K | −22.7% | Feb 28, 2025 |
| May 24, 2024 | MESSEMER DEBORAH M. (Director) 4,422 shares $61.65 −9.6% since trade filed May 24, 2024 | Discretionary sale | 4,422 | $61.65 | $273K | −9.6% | May 24, 2024 |
| Mar 1, 2024 | Keller Frank (Officer) 7,686 shares $60.64 −8.1% since trade filed Mar 4, 2024 | Discretionary sale | 7,686 | $60.64 | $466K | −8.1% | Mar 4, 2024 |
| Nov 27, 2023 | Alford Peggy (Officer) 15K shares $56.76 −1.8% since trade filed Nov 28, 2023 | Discretionary sale | 15K | $56.76 | $851K | −1.8% | Nov 28, 2023 |
| Nov 21, 2023 | Auerbach Jonathan (Officer) 2,728 shares $56.48 −1.3% since trade filed Nov 22, 2023 | Planned sale (10b5-1) | 2,728 | $56.48 | $154K | −1.3% | Nov 22, 2023 |
| Nov 21, 2023 | Auerbach Jonathan (Officer) 62K shares $55.54 +0.4% since trade filed Nov 22, 2023 | Planned sale (10b5-1) | 62K | $55.54 | $3.5M | +0.4% | Nov 22, 2023 |
| Sep 5, 2023 | Scheibe Gabrielle (CFO) 213 shares $63.38 −12.1% since trade filed Sep 5, 2023 | Planned sale (10b5-1) | 213 | $63.38 | $13K | −12.1% | Sep 5, 2023 |
| Feb 17, 2023 | SCHULMAN DANIEL H (CEO) 26K shares $76.17 −26.8% since trade filed Feb 17, 2023 | Open-market buy | 26K | $76.17 | $2.0M | −26.8% | Feb 17, 2023 |
| Sep 16, 2022 | Scheibe Gabrielle (Officer) 150 shares $94.95 −41.3% since trade filed Sep 16, 2022 | Discretionary sale | 150 | $94.95 | $14K | −41.3% | Sep 16, 2022 |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.
Filing hygiene
202 Forms 4, 3 years
1 filed late
1 amendments
1.9 avg. days to file
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.