PayPal Holdings, Inc. Reports Director/Officer Changes & Compensation

TL;DR

PayPal's board and exec comp got a shake-up, filing shows.

AI Summary

PayPal Holdings, Inc. filed an 8-K on March 10, 2025, reporting changes in its board of directors and certain officers, along with updates to compensatory arrangements for its key executives. The filing also includes financial statements and exhibits related to these events.

Why It Matters

Changes in a company's board and executive compensation can signal shifts in strategy or governance, impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Changes in directors and officers, especially if unexpected, can indicate internal shifts that may affect company strategy or stability.

Key Players & Entities

• PayPal Holdings, Inc. (company) — Registrant
• March 10, 2025 (date) — Date of Report
• 2211 North First Street, San Jose, CA 95131 (address) — Principal executive offices

FAQ

From the Filing

0001193125-25-050929.txt : 20250310 0001193125-25-050929.hdr.sgml : 20250310 20250310163119 ACCESSION NUMBER: 0001193125-25-050929 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250310 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250310 DATE AS OF CHANGE: 20250310 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PayPal Holdings, Inc. CENTRAL INDEX KEY: 0001633917 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 472989869 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36859 FILM NUMBER: 25724219 BUSINESS ADDRESS: STREET 1: 2211 NORTH FIRST STREET CITY: SAN JOSE STATE: CA ZIP: 95131 BUSINESS PHONE: (408) 967-1000 MAIL ADDRESS: STREET 1: 2211 NORTH FIRST STREET CITY: SAN JOSE STATE: CA ZIP: 95131 8-K 1 d905717d8k.htm 8-K 8-K false 0001633917 0001633917 2025-03-10 2025-03-10     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 10, 2025     PayPal Holdings, Inc. (Exact name of registrant as specified in its charter)       Delaware   001-36859   47-2989869 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.) 2211 North First Street San Jose , CA 95131 (Address of principal executive offices) (408) 967-7000 (Registrant’s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common stock, $0.0001 par value per share   PYPL   NASDAQ Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Board of Directors On March 10, 2025, the Board of Directors (the “Board”) of PayPal Holdings, Inc. (the “Company”) appointed Joy Chik as a new member of the Company’s Board, effective March 10, 2025. Ms. Chik currently serves as the President of Identity and Network Access at Microsoft. Ms. Chik fills a vacancy created by an increase in the size of the Board