EBAY CEO executes 10b5-1 sales totaling 13,452 shares
Rhea-AI Filing Summary
Director and CEO Jamie Iannone disclosed multiple sales of common stock on 10/06/2025 and 10/07/2025. Total direct shares sold across reported transactions sum to 13,452 shares, executed under a Rule 10b5-1 trading plan adopted on 03/07/2025. The weighted average prices for those sales ranged from about $89.73 to $94.54, and direct beneficial ownership decreased from 252,109 shares to 243,002 shares following the trades. The filing also shows indirect holdings of 109,029 and 109,028 shares attributed to a GRAT and a spouse's GRAT, respectively. The report is signed on behalf of the reporting person on 10/08/2025.
Positive
- Sales executed under a Rule 10b5-1 plan, indicating pre-arranged trades adopted on 03/07/2025
- Detailed pricing disclosure with weighted-average price ranges and an undertaking to provide per-price quantities on request
- Continued substantial indirect ownership via a GRAT and spouse's GRAT (each ~109k shares)
Negative
- Direct ownership reduced by 9,107 shares from 252,109 to 243,002 following the reported trades
- Material sales over two days (total direct sales of 13,452 shares) could be interpreted as reduced insider exposure
Insights
TL;DR: Multiple planned sales reduced direct ownership modestly under a 10b5-1 plan.
The reporting person executed a series of disclosed sales totaling 13,452 direct shares on 10/06/2025–10/07/2025, using a Rule 10b5-1 plan adopted on 03/07/2025. Transaction prices show a weighted range of about $89.73 to $94.54, and direct holdings declined to 243,002 shares.
Dependency and risk center on the 10b5-1 plan terms and the continuing indirect holdings via two GRATs (each ~109k shares). Monitor any further Form 4s for additional sales or transfers that would change insider alignment or parent-level control within the next reporting cycles.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,208 | $89.73 | $108K |
| Sale | Common Stock | 928 | $90.77 | $84K |
| Sale | Common Stock | 2,789 | $91.83 | $256K |
| Sale | Common Stock | 2,134 | $92.77 | $198K |
| Sale | Common Stock | 150 | $94.01 | $14K |
| Sale | Common Stock | 12 | $94.54 | $1K |
| Sale | Common Stock | 5,335 | $91.56 | $488K |
| Sale | Common Stock | 1,886 | $92.32 | $174K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The shares were sold pursuant to a Rule 10b-5 trading plan adopted by the Reporting Person on March 7, 2025. Represents the weighted average price of shares sold at prices that ranged from $91.00 to $91.98. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price. Represents the weighted average price of shares sold at prices that ranged from $91.99 to $92.92. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price. Represents the weighted average price of shares sold at prices that ranged from $89.24 to $90.21. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price. Represents the weighted average price of shares sold at prices that ranged from $90.26 to $91.23. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price. Represents the weighted average price of shares sold at prices that ranged from $91.31 to $92.30. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price. Represents the weighted average price of shares sold at prices that ranged from $92.32 to $93.27. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price. Represents the weighted average price of shares sold at prices that ranged from $93.41 to $94.39. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
