What you need to know
Your hard work contributes to the success of PayPal. Our Employee Stock Purchase Plan (ESPP) lets you reap the benefits of your efforts. With the ESPP, you can buy shares of PayPal stock at a 15% discount through paycheck deductions.
All employees working at least 20 hours a week are immediately eligible to participate in the ESPP.
Buy shares of PayPal Common Stock at a 15% discount twice a year–April and October. You’ll receive more information as the purchase dates approach.
Key features of the ESPP
The ESPP is open to all employees who work at least 20 hours per week.
By using simple after-tax payroll deductions, you can purchase shares of PayPal stock at a 15% discount. Decide how much you’d like to contribute—anywhere from 2% to 10% of your eligible pay.
Shares are purchased twice a year on April 30 and October 31 for at least 15% less than what the stock is trading for on the date of purchase.
When the purchase period ends, shares are purchased for you and are deposited into your E*TRADE Employee Stock Plan Account. Hold them as a long-term investment, or immediately sell them for cash.
Enrolments, changes, suspensions, and withdrawals
- Enrolments—Enrolment occurs twice a year, beginning on April 1 and October 1. The enrolment window remains open for approximately 3 weeks. You may elect to contribute 2%–10% of your gross compensation.
- Changes—You can increase or decrease your contribution once during every 6-month purchase period. Changes must be made through your E*TRADE ESPP account or the E*TRADE ESPP Enrolment site.
- Suspensions—You can suspend your payroll contributions at any time.
- Withdrawals—You can make a withdrawal from your account anytime during the purchase period. Your withdrawal must be made at least 15 days prior to the purchase date for it to be effective during the purchase period and for your contributions-to-date to be refunded.
Provider contact information
Employee Stock Purchase Plan (ESPP)
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