eBay (EBAY) Insider Logan Green Converts RSUs, Ups Stake to 49k Shares

Rhea-AI Filing Summary

eBay Inc. (EBAY) – Form 4 insider transaction filed 24 Jun 2025

Non-employee director Logan Green reported the conversion of 4,644 restricted stock units (RSUs) into an equal number of eBay common shares on 20 Jun 2025 (Transaction Code “M”). The RSUs were granted in connection with board service and carry an exercise price of $0, meaning no cash was exchanged. Following the conversion, Green’s direct beneficial ownership increased to 49,236 common shares.

The RSU award represented the pro-rated value of $250,000 divided by the closing share price on the grant date, rounded up to whole units. Vesting was 100 % on the earlier of the one-year anniversary of grant or the first annual shareholders’ meeting after grant, contingent on continued service. No derivative securities remain outstanding for this award after conversion.

The filing contains no open-market purchases or sales; therefore, it largely reflects routine equity compensation rather than an active investment decision. The size of the award (≈4.6 k shares) is modest relative to eBay’s average daily trading volume and Green’s pre-existing holdings, suggesting limited direct market impact.

Positive

• Director Logan Green increased direct ownership by 4,644 shares, showing continued equity alignment with shareholders.

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine RSU vesting; minor ownership increase, negligible market impact.

This Form 4 simply documents the vesting and conversion of director compensation. No cash changed hands, and the director neither bought nor sold shares in the open market. Such transactions are common for board members and generally signal continued alignment with shareholders rather than a directional bet. The incremental 4,644 shares raise Green’s stake to roughly 49 k shares, an increase of less than 0.01 % of shares outstanding—too small to influence float or pricing. Therefore, the filing is informational with neutral valuation 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^*

Green Logan

(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	49,236	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			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: Logan Green	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.
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FAQ

When did Logan Green acquire additional EBAY shares?

20 June 2025, according to the Form 4.

How many eBay shares does Logan Green own after the transaction?

He now owns 49,236 common shares directly.

What was the transaction code on the Form 4 filing?

Code M – exercise or conversion of derivative security exempt under Rule 16b-3.

Were any shares sold in this insider transaction?

No. The filing only reports RSU conversion; no shares were sold.

What was the cost basis for the RSU conversion?

The RSUs converted at $0 exercise price, typical for equity awards.