EBAY Form 4: $250,000 Equity Grant to Board Member Aparna Chennapragada

Rhea-AI Filing Summary

eBay Inc. (EBAY) Form 4 filing dated 27-Jun-2025 reports an equity grant to non-employee director Aparna Chennapragada.

• Grant details: 3,355 Restricted Stock Units (RSUs) awarded on 25-Jun-2025. Each RSU converts to one share of common stock.
• Valuation method: RSU count equals US$250,000 divided by eBay’s closing share price on the grant date, rounded up to the nearest whole unit.
• Vesting schedule: 100% vests on the earlier of (i) the one-year anniversary of the grant or (ii) the next annual shareholder meeting, contingent on continued board service.
• Post-transaction holdings: The director now beneficially owns 3,355 common shares (direct ownership).

No shares were sold and no derivatives were exercised; the filing solely reflects a routine director compensation grant. There are no indications of insider sentiment changes or material impact on total share count.

Insights

Corporate Governance Expert

TL;DR: Routine RSU grant to eBay director; neutral governance and valuation impact.

This Form 4 documents standard annual equity compensation for a non-employee director. The US$250k value aligns with typical S&P 500 board pay benchmarks and supports board-shareholder alignment without cash outflow. Because no shares were sold, market supply is unchanged and the grant is already incorporated in the company’s existing equity-based compensation authorization. Vesting terms are service-based and short, a common structure to promote ongoing board engagement. Overall, the disclosure is administrative and carries no material financial or governance red flags. Impact on float (3,355 shares vs. ±532 million shares outstanding) is immaterial, and no signaling effect—positive or negative—can be inferred.

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

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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^*

Chennapragada Aparna

(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)
06/25/2025

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

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 -4	(1)	06/25/2025		A		3,355		(2)	(3)	Common Stock	3,355	$0	3,355	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 of the Issuer, such reporting person has been granted restricted stock units. The number of restricted stock units granted represents the quotient of (A) $250,000 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: Aparna Chennapragada	06/27/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many eBay (EBAY) shares were granted to the director on 25-Jun-2025?

3,355 Restricted Stock Units, each convertible into one common share.

What is the dollar value of the RSU grant reported in the Form 4 for EBAY?

The grant is valued at US$250,000, based on the closing share price on the grant date.

When do the RSUs awarded to Aparna Chennapragada vest?

They vest 100% on the earlier of one year from grant or the next annual shareholder meeting, subject to continued service.

Did the eBay director sell any shares in this Form 4 filing?

No. The filing reports only an acquisition of RSUs; no shares were sold or disposed.

How many EBAY shares does the director own after the reported transaction?

Following the grant, the director beneficially owns 3,355 common shares directly.