Ebay SVP exercises RSUs, withholds shares for tax
EBay Inc. senior vice president and Chief People Officer Boone Cornelius reported routine equity compensation activity in company stock.
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Form Type
4
Rhea-AI Filing Summary
EBay Inc. senior vice president and Chief People Officer Boone Cornelius reported routine equity compensation activity in company stock. On June 15, 2026, restricted stock units vested and were converted into 8,897 shares of common stock, reflecting derivative exercises.
To cover tax obligations on these vestings, 3,394 shares of common stock were disposed of through tax-withholding transactions at $109.18 per share, with no open-market sales. After these transactions, Cornelius directly holds 69,184 shares of eBay common stock.
Insider Trade Summary
8,897 shares exercised/converted
Exercise
12 txns
Insider
Boone Cornelius
Role
SVP, Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units -5 | 2,778 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units -6 | 2,205 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units -8 | 2,200 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units -10 | 1,714 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,778 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,205 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,200 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,714 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,038 | $109.18 | $113K |
| Exercise Price or Tax Liability | Common Stock | 836 | $109.18 | $91K |
| Exercise Price or Tax Liability | Common Stock | 848 | $109.18 | $93K |
| Exercise Price or Tax Liability | Common Stock | 672 | $109.18 | $73K |
Holdings After Transaction:
Restricted Stock Units -5 — 8,334 contracts (Direct);
Restricted Stock Units -6 — 15,442 contracts (Direct);
Restricted Stock Units -8 — 24,196 contracts (Direct);
Restricted Stock Units -10 — 25,699 contracts (Direct);
Common Stock — 69,184 shares (Direct)
Footnotes (6)
- 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 6/15/23, 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.
- F3. Not Applicable.
- F4. 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.
- F5. 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.
- F6. 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 shares vested: 8,897 shares
Shares withheld for taxes: 3,394 shares
Tax-withholding price: $109.18 per share
+3 more
6 metrics
RSU shares vested
8,897 shares
Restricted stock units converted into common stock on June 15, 2026
Shares withheld for taxes
3,394 shares
Tax-withholding dispositions related to RSU vesting
Tax-withholding price
$109.18 per share
Price used for F-code tax-withholding transactions
Shares held after transactions
66,459 shares
Direct ownership of eBay common stock following Form 4 transactions
Exercise transactions
4 exercises, 8,897 shares
Derivative exercises/conversions coded M in the filing
Tax-withholding transactions
4 transactions, 3,394 shares
F-code dispositions to satisfy tax liabilities
Key Terms
restricted stock unit, contingent right, vests, tax-withholding disposition
4 terms
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock."
vests financial
"1/16th of which vests on 6/15/23, and an additional 1/16th of which vests each quarter thereafter."
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities."
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did EBAY SVP Boone Cornelius report on June 15, 2026?
Boone Cornelius reported vesting of restricted stock units that converted into 8,897 shares of eBay common stock, along with related tax-withholding share dispositions. These transactions reflect routine equity compensation events rather than open-market buying or selling activity.
How were taxes handled for Boone Cornelius’s EBAY stock vesting?
To satisfy tax liabilities tied to the RSU vesting, 3,394 shares of eBay common stock were disposed of via tax-withholding transactions. These are coded “F” and represent shares withheld by the issuer for taxes, not discretionary open-market sales by the executive.
Were Boone Cornelius’s EBAY transactions open-market buys or sells?
No open-market buys or sells were reported. The Form 4 shows RSU exercises coded “M” and tax-withholding dispositions coded “F,” which represent equity compensation vesting and shares withheld for taxes, rather than discretionary trading in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
