[8-K] eBay Inc Reports Material Event

Rhea-AI Filing Summary

Triumph Financial, Inc. (NASDAQ: TFIN) filed an 8-K to disclose a separation agreement with former executive officer Melissa Forman-Barenblit. On 25 Jul 2025, Ms. Forman-Barenblit and TBK Bank, SSB—Triumph’s wholly-owned subsidiary—executed a Separation Agreement and Release.

• TBK Bank releases Ms. Forman-Barenblit from obligations in Sections 4.2(a), 4.2(b) and 4.2(e) of her July 2022 Employment Agreement (amended 28 Mar 2025).
• Her employment will end seven days after she signs the agreement.
• No further severance payments or benefits will be owed under the prior employment contract.
• The agreement includes a mutual release of claims in favor of the company and its affiliates.

The document is furnished as Exhibit 10.1. No other operational or financial information was provided.

Insights

Corporate Governance Expert

TL;DR: Routine termination; limited financial impact, modest governance housekeeping.

The 8-K finalizes the exit of Melissa Forman-Barenblit, whose executive status ended in March. By waiving remaining contractual obligations and eliminating future severance, Triumph avoids incremental cash outflows and clarifies post-employment restrictions. Governance risk is minimal because leadership transition already occurred; this filing simply codifies terms and removes potential legal overhang through mutual releases. Investors should see negligible earnings impact, though continuity in TBK Bank’s leadership team bears watching.

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 30, 2025

eBay Inc.

(Exact name of registrant as specified in its charter)

Delaware			001-37713			77-0430924
(State or other jurisdiction			(Commission File Number)			(I.R.S. Employer
of incorporation)						Identification No.)

2025 Hamilton Avenue

San Jose, California 95125

(Address of principal executive offices)

(408) 376-7108

(Registrant's telephone number, including area code)

Not Applicable.

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading symbol(s)			Name of exchange on which registered
Common stock			EBAY			The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

The information in Items 2.02 this Current Report on Form 8-K (this “Current Report”), including Exhibits 99.1, is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and is not to be incorporated by reference into any filing by eBay Inc. (the “Company” or “eBay”), under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language contained in such filing, unless otherwise expressly stated in such filing.

Item 2.02 Results of Operations and Financial Condition.

On July 30, 2025, the Company announced its financial results for the quarter ended June 30, 2025. A copy of the Company's press release announcing its financial results and certain other information is attached as Exhibit 99.1 to this Current Report and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number			Description
99.1			Earnings press release dated July 30, 2025
104			Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

                                    

			eBay Inc.
			(Registrant)
Date: July 30, 2025			/s/ Samantha Wellington
			Name: Samantha Wellington
			Title: Senior Vice President, Chief Legal Officer and Secretary

FAQ

Why did Triumph Financial (TFIN) file this Form 8-K?

To disclose a Separation Agreement with former executive Melissa Forman-Barenblit under Item 5.02.

When will Ms. Forman-Barenblit’s employment officially terminate?

Seven days after she executed the agreement on 25 Jul 2025.

Does Triumph owe additional severance to Ms. Forman-Barenblit?

No. The agreement states TBK Bank will owe no further severance or benefits.

What obligations were waived for Ms. Forman-Barenblit?

TBK Bank released her from Sections 4.2(a), 4.2(b) and 4.2(e) of her 2022 Employment Agreement.

Where can investors read the full Separation Agreement?

It is filed as Exhibit 10.1 to the 8-K.