eBay (EBAY) legal chief reports RSU vesting and tax share sale
Rhea-AI Filing Summary
eBay Inc. reported insider equity transactions by its SVP and Chief Legal Officer, Samantha Wellington, on 12/15/2025. The filing shows that 1,880 restricted stock units converted into the same number of shares of common stock at a price of $0, increasing her directly held shares before tax-related dispositions.
On the same date, 1,002 shares of common stock were disposed of in a transaction coded "F" at a price of $82.59 per share, typically used to cover tax withholding, leaving 10,631 shares of common stock held directly after the transactions. Following the RSU conversion, she also held 24,440 restricted stock units. The transaction was made under a Rule 10b5-1 trading plan. The RSUs vest in 1/16 increments starting on 6/15/2025 and then quarterly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units -3 | 1,880 | $0.00 | -- |
| Exercise | Common Stock | 1,880 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,002 | $82.59 | $83K |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. 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. Not Applicable.
FAQ
What insider transaction did eBay (EBAY) report for its SVP, Chief Legal Officer?
The SVP and Chief Legal Officer, Samantha Wellington, had 1,880 restricted stock units convert into 1,880 shares of eBay common stock at $0 on 12/15/2025.
What is the status of the restricted stock units in this eBay (EBAY) Form 4?
Following the conversion of 1,880 restricted stock units into common stock, the reporting person beneficially owned 24,440 restricted stock units.
What is the vesting schedule for the eBay (EBAY) restricted stock units?
The reporting person received restricted stock units, 1/16 of which vests on 6/15/2025, with an additional 1/16 vesting each quarter thereafter. Upon vesting, one share of common stock is delivered for each vested unit.
Was the eBay (EBAY) insider transaction made under a Rule 10b5-1 plan?
Yes. The filing indicates that the transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).