EBAY insider sale notice: 13,026 shares via Morgan Stanley ($1.26M)

Rhea-AI Filing Summary

Form 144 filed for eBay (EBAY) reports a proposed sale of 13,026 common shares through Morgan Stanley Smith Barney with an aggregate market value of $1,258,856.09. The securities were acquired by the seller by exercise of options under a registered plan and payment was made in cash. The filing shows 13,026 shares to be sold against 457,000,000 shares outstanding, and lists multiple sales by the same person in the prior three months, including transactions ranging from thousands to tens of thousands of shares. The filer also certifies they are not aware of undisclosed material adverse information.

Positive

• Acquisition under a registered plan: Shares were acquired by exercise of options under a registered plan, indicating a structured, documented source of the shares.
• Payment in cash: The filing states the purchase was completed with cash payment, eliminating contingent consideration.
• Brokered through a major firm: The sale is arranged via Morgan Stanley Smith Barney LLC.

Negative

• Multiple recent sales listed: The filing lists numerous sales by the same person in the past three months, including several transactions of 20,000–25,000 shares and other large lots.
• Concentration of activity: The sequence of disposals over a short period could be interpreted by some market participants as elevated insider selling activity.

Insights

Financial Analyst

Routine option exercise and modest proposed sale; recent transactions show ongoing disposition of shares.

The filing documents a proposed sale of 13,026 common shares acquired via option exercise with cash payment, executed through Morgan Stanley Smith Barney. The aggregate market value reported is $1,258,856.09 and the class has 457,000,000 shares outstanding. The notice also lists numerous sales by the same person in the past three months, including several large lots. From a market-impact perspective this notice appears routine given the relatively small block size versus the total outstanding shares and the use of a registered plan for acquisition, though the sequence of recent sales is notable for investors monitoring insider activity.

Corporate Governance Expert

Disclosure is complete for Rule 144 purposes; multiple recent sales warrant attention but are procedural.

The form provides the required information under Rule 144: method of acquisition (exercise of options under a registered plan), payment in cash, broker details, and a listing of prior sales over the last three months. The filer's representation that no undisclosed material adverse information exists is included. While repeated disposals by the same person are documented (several transactions of thousands to tens of thousands of shares), the form itself reflects compliance with disclosure rules rather than signaling a governance violation.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	13026	1258856.09	457000000	08/12/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/12/2025	Exercise of options under a registered plan	Issuer			13026	08/12/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
STEPHEN J PRIEST 2025 Hamilton Avenue San Jose CA 95125	Common	08/11/2025	10000	950021.00
STEPHEN J PRIEST 2025 Hamilton Avenue San Jose CA 95125	Common	08/04/2025	9983	931141.36
STEPHEN J PRIEST 2025 Hamilton Avenue San Jose CA 95125	Common	08/04/2025	17	1585.64
STEPHEN J PRIEST 2025 Hamilton Avenue San Jose CA 95125	Common	08/01/2025	20331	1835618.90
STEPHEN J PRIEST 2025 Hamilton Avenue San Jose CA 95125	Common	08/01/2025	20330	1835528.61
STEPHEN J PRIEST 2025 Hamilton Avenue San Jose CA 95125	Common	08/01/2025	10348	934286.77
STEPHEN J PRIEST 2025 Hamilton Avenue San Jose CA 95125	Common	07/17/2025	1168	89842.56
STEPHEN J PRIEST 2025 Hamilton Avenue San Jose CA 95125	Common	06/17/2025	5253	406513.90
STEPHEN J PRIEST 2025 Hamilton Avenue San Jose CA 95125	Common	06/10/2025	11024	879697.56
STEPHEN J PRIEST 2025 Hamilton Avenue San Jose CA 95125	Common	06/10/2025	12949	1033309.48
STEPHEN J PRIEST 2025 Hamilton Avenue San Jose CA 95125	Common	06/06/2025	300	23850.00
STEPHEN J PRIEST 2025 Hamilton Avenue San Jose CA 95125	Common	06/06/2025	25000	1973545.00
STEPHEN J PRIEST 2025 Hamilton Avenue San Jose CA 95125	Common	06/05/2025	25000	1956972.50
STEPHEN J PRIEST 2025 Hamilton Avenue San Jose CA 95125	Common	06/04/2025	20662	1588463.57
STEPHEN J PRIEST 2025 Hamilton Avenue San Jose CA 95125	Common	06/04/2025	4338	333498.93
STEPHEN J PRIEST 2025 Hamilton Avenue San Jose CA 95125	Common	05/22/2025	20000	1455842.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the EBAY Form 144 report?

The form reports a proposed sale of 13,026 common shares with an aggregate market value of $1,258,856.09 through Morgan Stanley Smith Barney.

How were the shares acquired according to the filing?

The shares were acquired on 08/12/2025 by exercise of options under a registered plan and payment was made in cash.

Who is the person selling shares in this filing?

The filing lists multiple sales by STEPHEN J PRIEST in the prior three months and shows the proposed sale for the account of the person named in the form.

How many shares outstanding does the filing show for the class?

The filing reports 457,000,000 shares outstanding for the class of common stock.

Does the filing include prior recent sales?

Yes. It itemizes numerous sales during May–August 2025, including transactions such as 10,000 shares for $950,021.00 on 08/11/2025 and several 25,000-share transactions in June 2025.