Summary by Moomoo AI
PayPal Holdings, Inc. has filed a Registration Statement on Form S-8 with the Securities and Exchange Commission on July 30, 2024. The filing pertains to the registration of 20,000,000 shares of common stock, which may be issued under the PayPal Holdings, Inc. 2015 Equity Incentive Award Plan, as amended and restated. This plan is designed to issue shares to employees, directors, and consultants of PayPal and its subsidiaries. The company, incorporated in Delaware and headquartered in San Jose, California, is a large accelerated filer and has incorporated by reference its annual and quarterly reports filed earlier in the year. The filing includes various legal and regulatory undertakings, as well as the interests of named experts and counsel. PayPal's executive team, including President and CEO Alex Chriss, has signed off on the Registration Statement, indicating the company's compliance with the Securities Act of 1933 and its belief in meeting all filing requirements.
