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AI brief of an SEC Form 8-K · PayPal (PYPL)

PayPal shareholders approve 2026 equity plan and elect all 11 directors

Neutral Impact 3 of 5 shareholder Written later

At its May 19, 2026 annual meeting, PayPal stockholders elected all 11 director nominees, approved a new 2026 Equity Incentive Award Plan, and rejected two stockholder proposals. The filing also reports that Diego Scotti, EVP and General Manager of the Consumer Group, will leave the company effective June 2, 2026, under a separation agreement.

Key points

  • Annual meeting held May 19, 2026; all 11 nominees elected to serve until the 2027 annual meeting.
  • 2026 Equity Incentive Award Plan approved with 72.5% of votes cast, authorizing up to 39,100,000 new shares plus up to 44,600,000 shares returning from the 2015 plan.
  • Diego Scotti's departure takes effect June 2, 2026; separation agreement dated May 20, 2026 provides termination-without-cause severance benefits.
  • Stockholder proposals on conflict-zone services (11.2% for) and lowering the special meeting threshold (41.1% for) were not approved.

The filing

CompanyPayPal (PYPL)
Form8-K, current report
Filed with the SECMay 21, 2026, 5:14 PM ET
Accession number0001633917-26-000076

Items reported: 5.02 Director / Officer Change5.07 Shareholder Vote Results

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 21, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.