Summary by Moomoo AI
Ann Sarnoff, associated with PayPal Holdings, Inc. [PYPL], was granted 4,422 shares of common stock on May 22, 2024. The transaction was completed at no cost to the recipient, indicating the shares were likely awarded as part of a compensation package or incentive plan. Following this transaction, Sarnoff's direct holdings in PayPal's common stock increased to a total of 28,072 shares. The grant is part of the company's ongoing strategy to align the interests of its executives with those of shareholders.