secwatch.observer — SEC 8-K summary
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Issuer:     PayPal Holdings, Inc. (PYPL)
CIK:        0001633917
Form:       8-K
Filed at:   2024-06-03T23:59:59+00:00
Accession:  0001633917-24-000075
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PayPal appoints Christopher Natali as VP, Chief Accounting Officer effective June 20, 2024
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- Christopher Natali to serve as VP, Chief Accounting Officer, reporting to CFO Jamie Miller, starting June 20, 2024.
- Base salary of $400,000; annual target bonus of 45% of base salary under the Annual Incentive Plan.
- One-time sign-on bonus of $1,000,000 payable in two installments of $500,000; subject to repayment if Natali resigns or is terminated for cause within specified periods.
- Initial RSU grant with target value of $2,000,000; vests one-third on first anniversary, then quarterly over remaining two years.
- Natali previously served as Chief Accounting Officer and interim CFO at Alteryx, and as VP, Assistant Corporate Controller at Hewlett Packard Enterprise.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633917/000163391724000075/0001633917-24-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633917/000163391724000075/pypl-20240529.htm
  HTML page:      https://secwatch.observer/filing/0001633917-24-000075

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