PayPal Vice President Sells Shares for Tax Purposes Amid Buyout Offer
Aaron Webster, Executive Vice President and Global Chief Risk Officer at PayPal, sold 3,883 shares on July 15, 2026, according to an SEC Form 4 filing. The sale was a non-discretionary action to cover tax liabilities from the vesting of restricted stock units (RSUs), not a discretionary change in investment stance. Webster retains 63,256 shares and 25,566 RSUs. The transaction coincided with news that PayPal received a buyout offer from competitor Stripe at $60.50 per share. PayPal's stock had fallen to a 52-week low of $38.46 in February amid fierce competition and missed expectations, but a new CEO, Enrique Lores, took over in March to boost performance. The article advises investors not to be concerned by the sale, as it was tax-related.
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