Insider Notice: Stephen J Priest Lists 10,000 eBay Shares on NASDAQ
Rhea-AI Filing Summary
eBay Inc. (EBAY) filed a Form 144 reporting a proposed sale of 10,000 common shares through Morgan Stanley Smith Barney LLC on NASDAQ, with an aggregate market value of $950,021.00 and 457,000,000 shares outstanding. The filing records the shares as acquired on 08/11/2025 by exercise of options under a registered plan and paid in cash.
The notice also lists multiple recent sales by STEPHEN J PRIEST between May and August 2025, including a 139,341-share sale on 05/12/2025 with gross proceeds of $9,599,173.62. The filer represents they are not aware of any material nonpublic information.
Positive
- Proposed sale is documented under Rule 144, indicating formal compliance with resale notice requirements
- Shares acquired via exercise of options under a registered plan, with payment in cash and broker identified as Morgan Stanley Smith Barney LLC
- Filing includes the filer’s representation that they are not aware of any material nonpublic information
Negative
- Multiple insider dispositions are listed for May–August 2025, including a 139,341-share sale on 05/12/2025
- Several large gross proceeds are reported in prior transactions, for example $9,599,173.62 from the 05/12/2025 sale
Insights
TL;DR: Insider exercised options and filed Form 144 for 10,000 shares; multiple prior dispositions are disclosed.
The filing documents a routine Section 144 notice for the proposed sale of 10,000 common shares through Morgan Stanley Smith Barney with an aggregate reported value of $950,021.00. The shares are shown as acquired by an option exercise on 08/11/2025 and paid in cash. The filing also enumerates numerous sales by Stephen J Priest from May through August 2025, including a large block of 139,341 shares on 05/12/2025 with proceeds of $9,599,173.62. Taken together, the document is a disclosure of insider dispositions rather than company financial performance and appears procedural in nature.
TL;DR: Disclosure appears compliant; exercise under a registered plan and a formal representation about nonpublic information are included.
The Form 144 explicitly notes the acquisition method as exercise of options under a registered plan and specifies the broker handling the proposed sale. The notice contains the standard signer representation that they do not know any material adverse undisclosed information, consistent with compliance expectations. The record of multiple recent sales by the same person is documented in the filing and provides transparency to the market about insider dispositions.