eBay (NASDAQ: EBAY) director takes board retainer entirely in stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
eBay Inc. director Perry M. Traquina received 296 shares of common stock as a grant in lieu of cash board fees. The filing classifies this as a grant or award acquisition with no purchase price per share. After this compensation-related issuance, Traquina directly holds 85,477 eBay shares. The footnote explains that the director elected to receive fully vested shares instead of a cash retainer for service on the Board of Directors and its committees, with the share count based on eBay’s closing stock price on the payment date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TRAQUINA PERRY M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 296 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 85,477 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Share grant: 296 shares
Post-transaction holdings: 85,477 shares
Price per share for grant: $0.0000
+1 more
4 metrics
Share grant
296 shares
Common stock grant in lieu of cash retainer fees
Post-transaction holdings
85,477 shares
Total eBay common stock directly owned after grant
Price per share for grant
$0.0000
Reported transaction price, reflecting non-cash compensation grant
Transaction code
A
Grant, award, or other acquisition of common stock
Key Terms
fully vested shares, cash retainer fees, Board of Directors, closing stock price
4 terms
cash retainer fees financial
"in lieu of cash retainer fees payable for service on the Issuer's Board of Directors"
Board of Directors financial
"service on the Issuer's Board of Directors and any committees thereof"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
closing stock price financial
"divided by (B) the Issuer's closing stock price on the date such fees would otherwise be paid"
FAQ
What did eBay (EBAY) director Perry M. Traquina report in this Form 4?
Perry M. Traquina reported receiving 296 shares of eBay common stock as a grant in lieu of cash board fees. This is a routine, compensation-related share award rather than an open-market stock purchase or sale.
Is the eBay (EBAY) Form 4 transaction a stock purchase or sale?
The Form 4 shows no open-market purchase or sale. Instead, the director received 296 fully vested shares as a grant, classified as a grant, award, or other acquisition for board service fees.
Does eBay (EBAY) pay some board fees in stock instead of cash?
Yes. The footnote explains the director elected to receive fully vested shares of eBay common stock instead of cash retainer fees for serving on the Board of Directors and its committees, with the share count tied to the stock’s closing price.