eBay legal chief exercises 3,387 RSU shares
EBAY’s chief legal officer exercised restricted stock units into common shares, with part of the shares withheld to cover exercise price or tax obligations.
Rhea-AI Filing Summary
EBAY INC (EBAY) reported that Samantha Wellington, its SVP and Chief Legal Officer, exercised restricted stock units into common stock on September 15, 2026. She acquired a total of 3,387 shares of common stock from vested units and delivered or had withheld 1,804 shares at $108.03 per share to cover the exercise price or tax liability. The restricted stock units vest in equal sixteenth installments beginning on June 15, 2025 and June 15, 2026, with additional portions vesting quarterly thereafter. These transactions are not reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,387 shares exercised/converted
Exercise
6 txns
Insider
WELLINGTON SAMANTHA
Role
SVP, Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units -3 F1, F2, F3 | 1,880 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units -4 F1, F4, F3 | 1,507 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,880 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,507 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 997 | $108.03 | $108K |
| Exercise Price or Tax Liability | Common Stock | 807 | $108.03 | $87K |
Holdings After Transaction:
Restricted Stock Units -3 — 18,800 contracts (Direct);
Restricted Stock Units -4 — 21,109 contracts (Direct);
Common Stock — 17,731 shares (Direct)
Footnotes (4)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F2. The reporting person received restricted stock units, 1/16th of which vests on 6/15/25, and an additional 1/16th of which vests each quarter thereafter. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
- F3. Not Applicable.
- F4. The reporting person received restricted stock units, 1/16th of which vests on 6/15/26, and an additional 1/16th of which vests each quarter thereafter. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
Key Figures
Common shares acquired from RSU exercises: 3,387 shares
Shares delivered or withheld for exercise price or tax liability: 1,804 shares
Share value for tax or exercise payment: $108.03 per share
+4 more
7 metrics
Common shares acquired from RSU exercises
3,387 shares
Shares of EBAY common stock received upon restricted stock unit exercises on September 15, 2026
Shares delivered or withheld for exercise price or tax liability
1,804 shares
Common stock used to pay exercise price or tax liability on September 15, 2026
Share value for tax or exercise payment
$108.03 per share
Valuation applied to 997 and 807 EBAY shares delivered or withheld for obligations
RSU shares exercised from first grant
1,880 shares
Common shares underlying one restricted stock unit grant exercised on September 15, 2026
RSU shares exercised from second grant
1,507 shares
Common shares underlying another restricted stock unit grant exercised on September 15, 2026
Restricted stock units outstanding after first transaction
18,800 units
Restricted stock units shown as remaining after one exercise entry
Restricted stock units outstanding after second transaction
21,109 units
Restricted stock units shown as remaining after the second exercise entry
Key Terms
Restricted stock units, vests, tax liability, common stock
4 terms
Restricted stock units financial
"The reporting person received restricted stock units, 1/16th of which vests"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vests financial
"1/16th of which vests on 6/15/25, and an additional 1/16th of which vests"
tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
common stock financial
"receive a number of shares of common stock equal to the number"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did EBAY’s SVP, Chief Legal Officer report on this Form 4?
The officer exercised restricted stock units into 3,387 shares of EBAY common stock on September 15, 2026, and a portion of the resulting shares was delivered or withheld to cover the exercise price or tax liability.
How many EBAY (EBAY) restricted stock units did the insider exercise?
The insider exercised restricted stock units corresponding to 3,387 shares of EBAY common stock, consisting of 1,880 shares from one restricted stock unit grant and 1,507 shares from another grant.
What are the vesting schedules for the EBAY restricted stock units reported?
One restricted stock unit grant vests in sixteenth increments starting June 15, 2025, and another vests in sixteenth increments starting June 15, 2026. After each vesting date, the officer receives one share of common stock for each vested unit.
Were the EBAY (EBAY) transactions made under a Rule 10b5-1 trading plan?
No. The filing indicates that these transactions are not reported as being made under a Rule 10b5-1 trading plan or similar pre-arranged trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
