PayPal shareholders re-elect directors and approve 2026 equity incentive plan
At its May 19, 2026 annual meeting, PayPal shareholders re-elected all 11 directors, including CEO Enrique Lores, and approved a new 2026 Equity Incentive Award Plan. The plan authorizes up to 39.1 million new shares plus up to 44.6 million shares returning from the 2015 plan, and it replaces the 2015 plan for awards granted from that date. The equity plan passed with 72.5% support, against 27.2% opposed.
- All 11 director nominees elected; Lores received 98.3% support
- Say-on-pay approved with 90.2% support
- 2026 Equity Incentive Award Plan approved with 72.5% support
- Plan authorizes up to 39,100,000 new shares plus up to 44,600,000 returning shares
Source
SEC Form 8-K (PayPal, May 19, 2026)May 19, 2026