eBay Form 4: Board Chair Pressler adds 6,501 shares, boosts stake to 95K

Rhea-AI Filing Summary

eBay Inc. (EBAY) – Insider Form 4 filing, 24 Jun 2025

Non-employee director and Board Chair Paul S. Pressler reported the vesting and conversion of 6,501 restricted stock units (RSUs) on 20 Jun 2025. The RSUs—granted as part of the director’s annual $350,000 equity retainer—converted to common stock at a $0 exercise price (Code M). Following the transaction, Pressler’s direct beneficial ownership rose to 95,206 EBAY shares.

The RSU award vests 100% on the earlier of the one-year anniversary of grant or the next annual shareholder meeting, subject to continued service. No shares were sold, and there is no change to derivative holdings after the conversion.

Because the transaction reflects routine director compensation and represents a small fraction of eBay’s ~540 million shares outstanding, the market impact is likely minimal. Nonetheless, incremental insider accumulation can be interpreted by some investors as a signal of continued alignment with shareholder interests.

Positive

• Director Paul S. Pressler increased direct ownership by 6,501 shares, bringing his total stake to 95,206 shares, demonstrating continued equity alignment with shareholders.

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine RSU vesting; 6,501 new shares, negligible dilution, neutral impact.

The filing documents a standard equity grant conversion for a non-employee director. At roughly $350k, the award is immaterial relative to eBay’s market cap and does not involve an open-market purchase or sale. The absence of share disposals removes any negative sentiment risk. With total ownership now at 95k shares (~0.02% of shares outstanding), the transaction marginally increases insider alignment but offers no new insight into operational performance or future outlook. Overall, it should not influence valuation models or trading behavior.

Corporate Governance Expert

TL;DR: Typical director equity retainer aligns incentives; no governance red flags.

The RSU structure adheres to common practice for S&P 500 boards—full-value shares vesting annually to promote long-term alignment. The conversion timing and one-year cliff mirror eBay’s disclosed director compensation policy. No accelerated vesting, repricing, or discretionary grants are noted, suggesting sound governance. Because shares were retained rather than sold, Pressler now exceeds most board ownership guidelines. The filing presents a neutral-to-slightly positive governance signal but lacks material strategic implications.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

PRESSLER PAUL S

(Last) (First) (Middle)

C/O EBAY INC. 2025 HAMILTON AVE.

(Street)

SAN JOSE CA 95125

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
EBAY INC [ EBAY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/20/2025		M		6,501	A	$0	95,206	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units -5	(1)	06/20/2025		M			6,501	(2)	(3)	Common Stock	6,501	$0	0	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.

2. In connection with the reporting person's service as a non-employee director and Chair of the board of directors of the Issuer, such reporting person has been granted restricted stock units. The number of restricted stock units granted represents the quotient of (A) $350,000 divided by (B) the Issuer's closing stock price on the date of grant, rounded up to the nearest whole restricted stock unit. 100% of the restricted stock units vest on the earlier of: (i) the one-year anniversary of the date of grant or (ii) the date of the Issuer's first annual meeting of stockholders that occurs after the date of grant, provided that the reporting person continues to provide service to the Issuer through such date.

3. Not Applicable.

	By: Greg Kerber For: Paul Pressler	06/24/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

When did EBAY Director Paul Pressler's RSU conversion occur?

20 June 2025.

How many EBAY shares did Paul Pressler acquire in the Form 4 filing?

6,501 common shares were acquired via RSU conversion.

What is Paul Pressler's total EBAY share ownership after the transaction?

He now directly owns 95,206 shares.

What was the exercise price of the converted RSUs?

The RSUs converted at a $0 exercise price (no cash paid).

What triggers full vesting of the EBAY RSUs granted to Paul Pressler?

100% vests on the earlier of one-year from grant or the next annual shareholder meeting.