secwatch.observer — SEC 8-K summary
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Issuer:     PayPal Holdings, Inc. (PYPL)
CIK:        0001633917
Form:       8-K
Filed at:   2024-01-08T23:59:59+00:00
Accession:  0001193125-24-004471
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

PayPal EVP Peggy Alford to depart Jan 31; separation agreement signed
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- Peggy Alford, EVP Global Sales and Merchant Services, is leaving PayPal effective January 31, 2024.
- Separation Agreement provides severance, FY2023 AIP bonus, pro-rata FY2024 AIP, continued equity vesting, and health benefits.
- Agreement includes release of claims and compliance with restrictive covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633917/000119312524004471/0001193125-24-004471-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633917/000119312524004471/d701671d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-004471

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer