eBay Insider Grant: Zane Rowe Awarded $250K in RSUs

Rhea-AI Filing Summary

eBay Inc. (EBAY) – Form 4 Insider Filing

Non-employee director Zane Rowe reported the acquisition of 3,355 restricted stock units (RSUs) on 25 June 2025. The grant represents a dollar value of $250,000, calculated by dividing the cash amount by EBAY’s closing share price on the grant date and rounding up to the nearest whole unit.

According to the award terms, 100 % of the RSUs vest on the earlier of (i) the first anniversary of the grant date or (ii) the next annual meeting of shareholders, provided that the director remains in service through the applicable date. Each RSU will convert into one share of EBAY common stock upon vesting. Following this transaction, Rowe beneficially owns 3,355 derivative securities and reports direct (D) ownership. No sale, exercise price, or cash proceeds were disclosed because RSUs carry a $0 exercise price.

The filing is a routine compensation-related grant for board service and does not indicate any open-market purchase or sale of EBAY shares.

Insights

Financial Analyst

TL;DR: Routine board RSU grant; neutral for EBAY share value, modest alignment of director incentives.

The filing records a standard non-cash equity grant to director Zane Rowe, typical for large-cap boards. No shares were sold, so there is no immediate market supply impact. While equity awards strengthen alignment between directors and shareholders, the 3,355-share size (≈$0.25 M) is immaterial relative to eBay’s ≈550 M share count. Therefore the event is operationally neutral and unlikely to influence valuation or liquidity. Investors may view consistent equity-based compensation as governance best practice, but no actionable signal on future fundamentals is present.

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^*

Rowe Zane

(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 -3	(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: Zane Rowe	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.
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FAQ

How many EBAY shares does director Zane Rowe acquire in this Form 4?

He receives 3,355 restricted stock units, each convertible into one share upon vesting.

What is the dollar value of the RSU grant disclosed by EBAY?

The grant is valued at $250,000, based on EBAY’s closing price on 25 June 2025.

When do the newly awarded EBAY RSUs vest?

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

Did Zane Rowe sell or purchase EBAY shares on the open market?

No. The filing only reports a compensation-related RSU grant; no open-market transaction occurred.

Does the Form 4 indicate any indirect ownership for Zane Rowe?

No. The filing states direct (D) ownership of the 3,355 derivative securities.