---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-302230"
form_type: "8-K"
ticker: "PYPL"
cik: "0001633917"
company_name: "PayPal Holdings, Inc."
filed_at: "2023-12-22T23:59:59+00:00"
generated_at: "2026-06-07T07:57:10.164770+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# PayPal SVP IR Gabrielle Rabinovitch to depart Jan 31, 2024 under transition agreement

## Summary
- Rabinovitch will step down as SVP IR effective Dec 31, 2023, then provide part-time transition services through Jan 31, 2024.
- She will receive a $150,000 lump sum for transition services and a $234,375 cash bonus for 2023 AIP at target.
- AIP PBRSUs vest in Feb 2024; time-based RSUs vest on departure; pre-March 2023 PBRSUs remain eligible; March 2023 PBRSUs forfeited.
- Agreement includes non-solicitation, confidentiality, and non-disparagement covenants through vesting periods.

## SEC filing metadata
- accession: 0001193125-23-302230
- form_type: 8-K
- ticker: PYPL
- cik: 0001633917
- company_name: PayPal Holdings, Inc.
- filed_at: 2023-12-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1633917/000119312523302230/0001193125-23-302230-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1633917/000119312523302230/d538539d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-302230
- JSON: https://secwatch.observer/filing/0001193125-23-302230.json
- Plain text: https://secwatch.observer/filing/0001193125-23-302230.txt

## Key facts
- Executive change
  Gabrielle Rabinovitch departed as Senior Vice President, Investor Relations at PayPal Holdings, Inc..
  - Action: departed
  - Role: Senior Vice President, Investor Relations
  source text: she will depart from the Company on the Transition End Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1633917/000119312523302230/0001193125-23-302230-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.