Logan Green (EBAY) converts 3,355 director RSUs into eBay common shares
Rhea-AI Filing Summary
EBay Inc. director Logan Green exercised 3,355 restricted stock units into 3,355 shares of common stock. These units were granted in connection with his service as a non-employee director, based on a grant value of $250,000 divided by the company’s closing stock price on the grant date. The award vested 100% on the date of eBay’s 2026 annual meeting of stockholders. Following this conversion, Green holds 53,633 shares of common stock directly and has no remaining units from this specific RSU award.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,355 shares
Net Buy
2 txns
Insider
Green Logan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units -6 | 3,355 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,355 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units -6 — 0 shares (Direct);
Common Stock — 53,633 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F2. In connection with the reporting person's service as a non-employee director of the Issuer, such reporting person was granted restricted stock units on the date of the Issuer's 2025 annual meeting of stockholders. The number of restricted stock units granted represents the quotient of (A) $250,000 divided by (B) the Issuer's closing stock price on the date of grant, rounded up to the nearest whole restricted stock unit. 100% of the restricted stock units vested on the date of the Issuer's 2026 annual meeting of stockholders, in accordance with the terms of the award agreement.
- F3. Not Applicable.
Key Figures
RSUs exercised: 3,355 units
Common shares acquired: 3,355 shares
Shares held after transaction: 53,633 shares
+3 more
6 metrics
RSUs exercised
3,355 units
Restricted stock units converted to common stock on 2026-06-17
Common shares acquired
3,355 shares
Shares received from RSU conversion on 2026-06-17
Shares held after transaction
53,633 shares
Total direct eBay common stock holdings after RSU conversion
Grant value basis
$250,000
Non-employee director RSU grant value at 2025 annual meeting
RSU vesting date
2026 annual meeting date
100% of RSUs vested on eBay’s 2026 annual meeting date
Exercise transactions
1 exercise, 3,355 shares
Aggregate derivative exercise activity in this Form 4
Key Terms
Restricted Stock Units, non-employee director, derivative security, annual meeting of stockholders
4 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.
non-employee director financial
"In connection with the reporting person's service as a non-employee director of the Issuer, such reporting person was granted restricted stock units"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
annual meeting of stockholders financial
"granted restricted stock units on the date of the Issuer's 2025 annual meeting of stockholders"
FAQ
What did eBay (EBAY) director Logan Green report in this Form 4?
Logan Green reported exercising 3,355 restricted stock units into 3,355 shares of eBay common stock. This reflects the vesting and conversion of a prior equity award tied to his service as a non-employee director, rather than an open-market stock purchase or sale.
What was the size and nature of Logan Green’s eBay (EBAY) RSU award?
The RSU award was sized at a value of $250,000, divided by eBay’s closing stock price on the 2025 annual meeting grant date. Each restricted stock unit represented a contingent right to receive one share of common stock, subject to vesting and continued board service conditions.
When did Logan Green’s eBay (EBAY) restricted stock units vest?
Logan Green’s restricted stock units vested 100% on the date of eBay’s 2026 annual meeting of stockholders. Upon vesting, the units were converted into 3,355 shares of common stock, consistent with the terms of the board equity award agreement for non-employee directors.
Was Logan Green’s eBay (EBAY) Form 4 a market buy or sell?
The Form 4 did not show any open-market buy or sell by Logan Green. Instead, it recorded the exercise and conversion of 3,355 restricted stock units into the same number of common shares, a routine equity compensation event for a non-employee director.
How was the eBay (EBAY) director RSU grant amount calculated?
The number of restricted stock units granted was calculated as $250,000 divided by eBay’s closing stock price on the grant date, rounded up to the nearest whole unit. This structure aligns the director’s compensation value with the company’s share price at the 2025 annual meeting.
AI-generated analysis. How Rhea-AI works. Not financial advice.