Executive Change · Shareholder Vote

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM  8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 22, 2024 PayPal Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 001-36859 47-2989869 (State or other jurisdiction (Commission File Number) (I.R.S. Employer of incorporation) Identification No.) 2211 North First Street San Jose , CA 95131 (Address of principal executive offices) ( 408 )  967-1000 (Registrant’s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, $0.0001 par value per share PYPL NASDAQ Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers . At the 2024 Annual Meeting of Stockholders of PayPal Holdings, Inc. (the “Company”) held on May 22, 2024 (the “Annual Meeting”), the stockholders, upon the recommendation of the Company’s Board of Directors, approved the amendment and restatement of the PayPal Holdings, Inc. 2015 Equity Incentive Award Plan (the “2015 Plan” and, as amended and restated, the “Amended Equity Plan”). The Amended Equity Plan increased the number of shares of common stock of the Company (the “Shares”) reserved for issuance under the 2015 Plan by an additional 20 million Shares. A summary of the Amended Equity Plan was also included as part of Proposal 3 in the Company’s definitive proxy statement filed on Schedule 14A with the Securities and Exchange Commission on April 9, 2024 (the “Proxy Statement”). The summary of the Amended Equity Plan provided herein and that contained in the Proxy Statement is qualified in its entirety by reference to the full text of the Amended Equity Plan, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K, and is incorporated herein by reference. Item 5.07. Submission of Matters to a Vote of Security Holders. At the Annual Meeting, the stockholders: 1. Elected the 11 director nominees named in the Company’s Proxy Statement to serve as directors until the Company’s 2025 Annual Meeting of Stockholders and until their respective successors are elected and qualified; 2. Approved, on an advisory basis, the compensation of the named executive officers; 3. Approved the amendment and restatement of the 2015 Equity Incentive Award Plan; 4. Ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent auditor for 2024; 5. Did not approve the stockholder proposal titled “Report on Respecting Workforce Civil Liberties”; and 6. Did not approve the stockholder proposal titled “Bylaw Amendment: Stockholder Approval of Director Compensation.” Set forth below are the voting results for each matter presented at the Annual Meeting. Percentages provided are based on the votes used to determine the results for such proposal under the applicable approval standard disclosed in the Proxy Statement. Proposal 1: Election of Directors: Director Nominees Votes For % For Votes Against % Against Abstentions Broker Non-Votes Rodney C. Adkins 571,257,375 88.97% 70,808,686  11.03  % 3,909,434 138,852,386 Alex Chriss 636,122,518 98.78% 7,854,860 1.22  % 1,998,117 138,852,386 Jonathan Christodoro 587,653,511 91.53% 54,393,951 8.47  % 3,928,033 138,852,386 John J. Donahoe 614,297,661 95.39% 29,689,836 4.61  % 1,987,998 138,852,386 David W. Dorman 569,457,692 88.70% 72,572,545 11.30  % 3,945,258 138,852,386 Enrique Lores 635,015,086 98.84% 7,464,597 1.16  % 3,495,812 138,852,386 Gail J. McGovern 570,711,556 88.82% 71,832,388 11.18  % 3,431,551 138,852,386 Deborah M. Messemer 631,573,102 98.29% 10,988,019 1.71  % 3,414,374 138,852,386 David M. Moffett 631,053,021 98.22% 11,438,986 1.78  % 3,483,488 138,852,386 Ann M. Sarnoff 638,242,250 99.33% 4,312,495 0.67  % 3,420,750 138,852,386 Frank D. Yeary 634,494,024 98.75% 7,999,192 1.25  % 3,482,279 138,852,386 Each of the 11 nominees was elected to the Board, each to hold office until the Company’s 2025 Annual Meeting of Stockholders and until their respective successors are elected and qualified. Proposal 2: Advisory Vote to Approve Named Executive Officer Compensation: Votes For 536,353,845  83.03  % Votes Against 106,637,856  16.51  % Abstentions 2,983,794  0.46  % Broker Non-Votes 138,852,386  The proposal was approved. Proposal 3: Approval of the PayPal Holdings, Inc. 2015 Equity Incentive Award Plan, as Amended and Restated: Votes For 414,711,919  64.20  % Votes Against 228,999,503  35.45  % Abstentions 2,264,073  0.35  % Broker Non-Votes 138,852,386  The proposal was approved. Proposal 4 : Ratification of the Appointment of PricewaterhouseCoopers LLP as the Company’s Independent Auditor for 2024: Votes For 735,675,950  93.74  % Votes Against 45,791,114  5.83  % Abstentions 3,360,817  0.43  % Broker Non-Votes n/a   The appointment was ratified. Proposal 5: Stockholder Proposal: Report on Respecting Workforce Civil Liberties: Votes For 13,675,127  2.12  % Votes Against 624,402,917  96.66  % Abstentions 7,897,451  1.22  % Broker Non-Votes 138,852,386  The proposal was not approved. Proposal 6: Stockholder Proposal: Bylaw Amendment: Stockholder Approval of Director Compensation: Votes For 19,539,639  3.02  % Votes Against 620,969,994  96.13  % Abstentions 5,465,862  0.85  % Broker Non-Votes 138,852,386  The proposal was not approved. Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Exhibit Title or Description 10.1 PayPal Holdings, Inc. 2015 Incentive Award Plan, as Amended and Restated 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PayPal Holdings, Inc. (Registrant) Date: May 28, 2024 /s/ Brian Y. Yamasaki Name: Brian Y. Yamasaki Title: Vice President, Corporate Legal and Secretary