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PayPal shareholders approve new equity plan

PayPal shareholders approved a new 2026 equity plan, elected directors, and Diego Scotti's departure. Analysis on Bond.az.

Alexander Gonzalez
ByAlexander Gonzalez- Senior Editor
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PayPal Holdings (NASDAQ:PYPL) held its 2026 Annual Meeting of Stockholders on Tuesday. Shareholders approved the company’s new 2026 Equity Incentive Award Plan and elected all 11 director nominees.

The new plan replaces the 2015 plan and authorizes the issuance of up to 39.1 million shares of common stock, plus up to 44.6 million shares from previous awards.

All 11 nominees received at least 96.6% of votes cast. The elected directors include Joy Chik, Jonathan Christodoro, Carmine Di Sibio, and others.

Executive compensation was approved on an advisory basis with 90.2% support. PricewaterhouseCoopers was ratified as auditor with 91.2% support.

Two shareholder proposals failed: one on conflict zone services (11.2%) and one on reducing the threshold for special meetings (41.1%).

Separately, Diego Scotti will step down as Executive Vice President effective June 2, 2026. He will receive severance benefits.

In other news, PayPal is partnering with Anthropic to offer AI training for small businesses. Michael Burry increased his PayPal holdings, viewing the stock as undervalued.

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PayPal shareholders approve new equity plan | Bond.az