---
schema_version: "secwatch.filing_event.v1"
accession: "0001633917-22-000129"
form_type: "8-K"
ticker: "PYPL"
cik: "0001633917"
company_name: "PayPal Holdings, Inc."
filed_at: "2022-06-17T23:59:59+00:00"
generated_at: "2026-06-25T00:53:44.249492+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# PayPal appoints Gabrielle Rabinovitch interim CFO; grants $3M equity and $1M cash bonus

## Summary
- Rabinovitch appointed interim CFO effective May 23, 2022, succeeding departing CFO John Rainey.
- Service-based RSU of $1.5M (grant date value) vesting over three years.
- Performance-based RSU of $1.5M target value vesting March 2025 based on 2022-2024 performance.
- Cash retention bonus of $1M: $500K paid shortly after agreement, $500K after permanent CFO starts or March 2023.
- Eligible for EVP-level severance during transition period; returns to SVP level after permanent CFO's 6-month anniversary.

## SEC filing metadata
- accession: 0001633917-22-000129
- form_type: 8-K
- ticker: PYPL
- cik: 0001633917
- company_name: PayPal Holdings, Inc.
- filed_at: 2022-06-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1633917/000163391722000129/0001633917-22-000129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1633917/000163391722000129/pypl-20220615.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001633917-22-000129
- JSON: https://secwatch.observer/filing/0001633917-22-000129.json
- Plain text: https://secwatch.observer/filing/0001633917-22-000129.txt

## Key facts
- Executive change
  Gabrielle Rabinovitch was appointed as interim Chief Financial Officer at PayPal Holdings, Inc..
  - Action: appointed
  - Role: interim Chief Financial Officer
  source text: in connection with Ms. Rabinovitch’s previously announced appointment as the Company’s interim Chief Financial Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1633917/000163391722000129/0001633917-22-000129-index.htm

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