---
schema_version: "secwatch.filing_event.v1"
accession: "0001633917-23-000143"
form_type: "8-K"
ticker: "PYPL"
cik: "0001633917"
company_name: "PayPal Holdings, Inc."
filed_at: "2023-10-02T23:59:59+00:00"
generated_at: "2026-06-10T06:22:40.586317+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# PayPal amends bylaws to update stockholder nomination procedures and proxy rules

## Summary
- Board approved amendments effective Sept. 27, 2023 addressing universal proxy rules under Rule 14a-19.
- New requirement: stockholder soliciting proxies must use a proxy card color other than white.
- Updates to adjournment and postponement procedures for stockholder meetings.
- Revisions reflect Delaware law changes on availability of stockholder lists at meetings.
- No changes to fiscal year or capital structure.

## SEC filing metadata
- accession: 0001633917-23-000143
- form_type: 8-K
- ticker: PYPL
- cik: 0001633917
- company_name: PayPal Holdings, Inc.
- filed_at: 2023-10-02T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1633917/000163391723000143/0001633917-23-000143-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1633917/000163391723000143/pypl-20230927.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001633917-23-000143
- JSON: https://secwatch.observer/filing/0001633917-23-000143.json
- Plain text: https://secwatch.observer/filing/0001633917-23-000143.txt

## Key facts
- Governance Changes
  PayPal Holdings, Inc.: Amended bylaws to update procedures and disclosure requirements for stockholder nominations, including universal proxy rules and proxy card color, and update adjournment/postponement procedures and stockholder list provisions under Delaware law (effective 2023-09-27).
  - Change: bylaw amendment
  - Effective: 2023-09-27
  source text: On September 27, 2023, as part of its periodic review of the governing documents of PayPal Holdings, Inc. (the “Company”), the Company’s Board of Directors (the “Board”) approved amendments to the Company’s Amended and Restated Bylaws (the “Bylaws”) to update and enhance the procedures and disclosure requirements for stockholder nominations of directors, including to address matters relating to the universal proxy rules set forth in Rule 14a-19 under the Securities Exchange Act of 1934, as amended, and to require that a stockholder soliciting proxies use a proxy card color other than white, along with other clarifying and conforming changes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1633917/000163391723000143/0001633917-23-000143-index.htm

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