eBay (NASDAQ: EBAY) HR chief sells 31,100 shares under trading plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EBay Inc. senior vice president and Chief People Officer Cornelius Boone reported an open-market sale of 31,100 shares of eBay common stock on June 5, 2026.
The shares were sold at a weighted average price of $109.69, with individual sale prices ranging from $109.64 to $109.75. After this transaction, Boone directly holds 63,681 eBay shares. According to the filing, the sale was carried out under a pre-arranged Rule 10b-5 trading plan adopted on March 6, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 31,100 shares ($3,411,359)
Net Sell
1 txn
Insider
Boone Cornelius
Role
SVP, Chief People Officer
Sold
31,100 shs ($3.41M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 31,100 | $109.69 | $3.41M |
Holdings After Transaction:
Common Stock — 63,681 shares (Direct, null)
Footnotes (1)
- The shares were sold pursuant to a Rule 10b-5 trading plan adopted by the Reporting Person on March 6, 2026. Represents the weighted average price of shares sold at prices that ranged from $109.64 to $109.75. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
Key Figures
Shares sold: 31,100 shares
Weighted average sale price: $109.69 per share
Sale price range: $109.64–$109.75 per share
+2 more
5 metrics
Shares sold
31,100 shares
Open-market sale on June 5, 2026
Weighted average sale price
$109.69 per share
Common stock sale on June 5, 2026
Sale price range
$109.64–$109.75 per share
Price range for reported trades
Shares held after transaction
63,681 shares
Direct holdings following June 5, 2026 sale
Trading plan adoption date
March 6, 2026
Rule 10b-5 trading plan for the sale
Key Terms
Rule 10b-5 trading plan, open-market sale, weighted average price, Form 4
4 terms
Rule 10b-5 trading plan regulatory
"The shares were sold pursuant to a Rule 10b-5 trading plan adopted by the Reporting Person on March 6, 2026."
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"Represents the weighted average price of shares sold at prices that ranged from $109.64 to $109.75."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"As a company officer, his transactions in eBay common stock must be reported on Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did eBay (EBAY) report for Cornelius Boone?
eBay reported that SVP and Chief People Officer Cornelius Boone sold 31,100 shares of common stock. The open-market sale occurred on June 5, 2026, and was executed under a pre-arranged Rule 10b-5 trading plan adopted earlier that year.
Was the eBay (EBAY) insider sale pre-planned under a trading plan?
Yes. The filing states the sale was made under a Rule 10b-5 trading plan adopted by Cornelius Boone on March 6, 2026. Such plans pre-schedule trades, helping separate routine portfolio management from discretionary timing decisions by company insiders.
Who is Cornelius Boone in relation to eBay (EBAY)?
Cornelius Boone is identified as eBay’s Senior Vice President and Chief People Officer. As a company officer, his transactions in eBay common stock must be reported on Form 4, providing public transparency into his direct holdings and any open-market trades.