EBay (EBAY) CEO Iannone logs RSU conversions and tax-withholding share disposals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EBay Inc. President and CEO Jamie Iannone reported routine equity compensation activity involving restricted stock units and related tax withholding. On June 15, 2026, restricted stock units converted into a total of 36,982 shares of common stock through multiple derivative exercises coded “M,” each at a stated price of $0.00 per share.
To satisfy tax obligations on these vestings, 19,535 shares of common stock were disposed of in four transactions coded “F” at $109.18 per share, described as payment of tax liability by delivering securities rather than open-market sales. One reported line shows Iannone holding 280,761 shares of common stock directly after a transaction on that date, alongside additional indirect holdings through various GRAT and spouse GRAT entities.
Positive
- None.
Negative
- None.
Insider Trade Summary
36,982 shares exercised/converted
Mixed
16 txns
Insider
IANNONE JAMIE
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units -8 | 11,667 | $0.00 | -- |
| Exercise | Restricted Stock Units -11 | 9,265 | $0.00 | -- |
| Exercise | Restricted Stock Units -13 | 8,648 | $0.00 | -- |
| Exercise | Restricted Stock Units -15 | 7,402 | $0.00 | -- |
| Exercise | Common Stock | 11,667 | $0.00 | -- |
| Exercise | Common Stock | 9,265 | $0.00 | -- |
| Exercise | Common Stock | 8,648 | $0.00 | -- |
| Exercise | Common Stock | 7,402 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,093 | $109.18 | $665K |
| Tax Withholding | Common Stock | 4,879 | $109.18 | $533K |
| Tax Withholding | Common Stock | 4,594 | $109.18 | $502K |
| Tax Withholding | Common Stock | 3,969 | $109.18 | $433K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units -8 — 35,000 shares (Direct, null);
Restricted Stock Units -11 — 64,852 shares (Direct, null);
Restricted Stock Units -13 — 95,128 shares (Direct, null);
Restricted Stock Units -15 — 111,022 shares (Direct, null);
Common Stock — 280,761 shares (Direct, null);
Common Stock — 76,329 shares (Indirect, By GRAT A)
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 6/15/23, 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. The reporting person received restricted stock units, 1/16th of which vests on 6/15/24, 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. 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. 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
RSU-derived shares: 36,982 shares
Tax-withholding shares: 19,535 shares
Tax-withholding price: $109.18 per share
+3 more
6 metrics
RSU-derived shares
36,982 shares
Total shares from derivative exercises (code M) on June 15, 2026
Tax-withholding shares
19,535 shares
Shares disposed of in code F tax-withholding transactions
Tax-withholding price
$109.18 per share
Price for each F-code tax-withholding disposition
Direct common shares after one transaction
280,761 shares
Common stock held directly after a June 15, 2026 transaction
Indirect spouse GRAT B holding
32,700 shares
Common stock held indirectly by spouse's GRAT B after transaction
Indirect spouse GRAT A holding
76,328 shares
Common stock held indirectly by spouse's GRAT A after transaction
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, Grantor Retained Annuity Trust (GRAT), +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock."
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.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for code F entries"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for code M entries"
Grantor Retained Annuity Trust (GRAT) financial
"nature_of_ownership: "By Spouse's GRAT B" and "By GRAT A""
non-derivative financial
"transaction_type: "non-derivative" for common stock entries"
FAQ
What did EBAY CEO Jamie Iannone report in this Form 4 filing?
Jamie Iannone reported routine equity compensation activity. Restricted stock units converted into common shares, and some shares were used to cover tax liabilities via code F transactions, which are tax-withholding dispositions rather than open-market sales.
What indirect EBAY holdings are reported for Jamie Iannone in this Form 4?
The Form 4 lists indirect ownership of eBay common stock through several GRAT and spouse GRAT entities. Reported post-transaction balances include 32,700 shares and 76,328 shares held by spouse’s GRATs, and 32,700 shares and 76,329 shares held by other GRAT entities.
Are the EBAY Form 4 transactions open-market buys or sells by the CEO?
No open-market buys or sells are reported. The code M entries are derivative exercises of restricted stock units, while the code F entries are tax-withholding dispositions. The filing does not show any open-market purchase (P) or sale (S) transactions.