secwatch.observer — SEC 8-K summary
======================================

Issuer:     PayPal Holdings, Inc. (PYPL)
CIK:        0001633917
Form:       8-K
Filed at:   2026-05-21T21:14:04+00:00
Accession:  0001633917-26-000076
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PayPal EVP Scotti leaving June 2; shareholders approve 39.1M-share equity plan
------------------------------------------------------------------------------

- EVP Diego Scotti (Consumer Group) departing effective June 2, 2026, with severance per standard plan.
- Separation agreement provides severance benefits applicable to termination without cause (not change-in-control).
- Shareholders approved 2026 Equity Incentive Plan: 39.1M new shares authorized plus up to 44.6M from 2015 plan.
- All 11 director nominees elected; advisory say-on-pay and auditor ratification passed.
- Two shareholder proposals (conflict-zone services policy, special meeting threshold reduction) rejected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633917/000163391726000076/0001633917-26-000076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633917/000163391726000076/pypl-20260519.htm
  HTML page:      https://secwatch.observer/filing/0001633917-26-000076

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