eBay Insider Filing: Shripriya Mahesh Adds 4,644 Shares via RSU Conversion

Rhea-AI Filing Summary

eBay Inc. (EBAY) Form 4 filing dated 06/24/2025 details an insider transaction by director Shripriya Mahesh. On 06/20/2025 the director converted 4,644 restricted stock units (RSUs) into common shares at a stated price of $0 (Code M). As a result, Mahesh’s direct ownership rose to 10,313 shares. An additional 1,234 shares are held indirectly via the SMR Revocable Trust. The RSUs originate from a standard non-employee director equity grant equivalent to $250,000 divided by the closing stock price on the grant date; all units vest in full on the earlier of one year from grant or the next annual shareholder meeting, subject to continued service. No derivative securities remain outstanding after the conversion. No shares were sold, indicating a net increase in insider ownership.

Positive

• Director acquired 4,644 shares, raising direct ownership to 10,313 shares, enhancing alignment with shareholder interests

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Director increases EBAY stake by 4,644 shares via RSU conversion; signals alignment, but dollar value modest.

Insider equity accumulation typically reflects confidence and improves shareholder alignment. The grant follows eBay’s regular non-employee director compensation plan, so it is routine rather than opportunistic. With today’s market price (~$50), the incremental holding is worth roughly $230k—material to the individual but immaterial to eBay’s $20 bn-plus market cap. Absence of any share sales removes potential negative optics. Overall governance impact is marginally positive but not transformative for investors.

Securities Analyst

TL;DR: Small insider buy, no cash outflow; negligible effect on valuation or liquidity.

The conversion adds a few thousand freely tradable shares yet does not dilute shareholders because the RSUs were already accounted for in fully diluted share count. No price was paid, so there is no signal of market-timing confidence, merely standard vesting. Trading volume impact is de minimis. From a valuation or earnings-per-share standpoint, the event is non-impactful.

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^*

Ramanan Shripriya Mahesh

(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		4,644	A	$0	10,313	D
Common Stock								1,234	I	By SMR Rev. Trust

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 Unit -2	(1)	06/20/2025		M			4,644	(2)	(3)	Common Stock	4,644	$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 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: Shripriya Mahesh	06/24/2025
	** 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

What insider transaction did EBAY report on 06/24/2025?

Director Shripriya Mahesh converted 4,644 RSUs into common stock on 06/20/2025, increasing direct holdings to 10,313 shares.

How many EBAY shares does the director now own?

Mahesh holds 10,313 shares directly and 1,234 shares indirectly via a trust.

Did the insider sell any EBAY shares?

No. The Form 4 shows only an acquisition; there were no dispositions.

What was the cost of the RSU conversion?

The shares were acquired at $0, as RSU conversions do not require cash payment.

Are any derivative securities still outstanding after the transaction?

No. The Form 4 lists 0 derivative securities remaining for this grant.