New CEO Loress Receives Billions in Performance Stock Compensation… PayPal Executive Sells Thousands of Shares

According to PayPal Holdings, Inc. (PYPL), CEO Enrique Lores was granted a one-time award of approximately 587,000 performance-based shares on May 27, exercisable between 2029 and 2031 upon achieving the company’s stock-price target.

Global Markets President Susan Kearney sold several thousand shares on the open market under her Rule 10b5-1 plan on May 19 and June 3, generating about $184,000 and $144,000 respectively—totaling roughly $330,000 (approximately KRW 450 million).

After these sales, President Kearney still holds PayPal shares valued at around $1.33 million (about KRW 1.8 billion). CEO Lores’s performance-based award is currently estimated to carry a potential value of $25 million to $30 million (around KRW 300 billion) at prevailing share prices.

Recently, PayPal announced a strategic reorganization and executive appointments to align its operations into three pillars—Checkout & Consumer Finance, Venmo & Payment Services, and Crypto—aimed at accelerating growth and simplifying decision-making. (financialit.net)

CEO Lores also unveiled plans to leverage artificial intelligence to cut costs and reinvest the savings across the business, pursuing both profitability improvements and continued growth amid intensifying competition in digital payments. (paymentsdive.com)

Headquartered in San Jose, California, PayPal is a leading global online payments company connecting hundreds of millions of consumers and merchants worldwide. (en.wikipedia.org)

Enrique Lores, formerly CEO of HP Inc., assumed the role of PayPal CEO on March 1, 2026, stepping down from the board chairmanship to focus on full-time operational leadership. (s205.q4cdn.com)