PayPal Holdings 8-K
Leadership changeExecutive payShareholder vote
Consumer Group chief Diego Scotti will depart; stockholders approved a new equity incentive plan.
Filed 2026-05-21 17:14 ET
- 5.02 Officer/director change
- 5.07 Shareholder Vote Results
- 9.01 Financial Statements and Exhibits
Summary
PayPal executive departure and annual meeting votes. Diego Scotti will leave his role as EVP, General Manager, Consumer Group, effective 6/2/2026. Stockholders approved a new equity incentive plan; all 11 director nominees were elected, say-on-pay was approved, the auditor was ratified, and both stockholder proposals were rejected.
Key Figures
- 2026 Equity Incentive Award Plan: authorizes up to 39.1 million newly issuable shares, plus up to 44.6 million shares from eligible awards under the prior plan.
- Scotti: eligible for severance payments and benefits applicable to a termination without cause outside a change in control.
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