eBay (EBAY) CCO exercises 4,322 RSUs and sells 1,010 shares under plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
eBay Inc. senior vice president and Chief Commercial Officer Jordan Sweetnam reported a combination of stock option exercises, tax withholding, and a small share sale. On May 15, 2026, he exercised derivative securities covering 4,322 shares of common stock and 2,303 of those shares were withheld to satisfy tax obligations. On May 18, 2026, he sold 1,010 shares of common stock in an open-market transaction at $115.61 per share pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on August 1, 2025. Following these transactions, he directly held 32,146 shares of eBay common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,010 shares ($116,766)
Net Sell
4 txns
Insider
Sweetnam Jordan Douglas Bradley
Role
SVP, Chief Commercial Officer
Sold
1,010 shs ($117K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,010 | $115.61 | $117K |
| Exercise | Restricted Stock Units -3 | 4,322 | $0.00 | -- |
| Exercise | Common Stock | 4,322 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,303 | $116.13 | $267K |
Holdings After Transaction:
Common Stock — 32,146 shares (Direct, null);
Restricted Stock Units -3 — 51,855 shares (Direct, null)
Footnotes (1)
- The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 1, 2025. 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 subject to a four-year vesting schedule, vesting 1/16th on 08/15/25 and 1/16th each quarter thereafter, subject to continued employment on each vesting date and certain continued vesting provisions in the event of retirement on or after 06/30/28. 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.
Key Figures
Open-market sale: 1,010 shares at $115.61
Shares after sale: 32,146 shares
Shares acquired via exercise: 4,322 shares
+1 more
4 metrics
Open-market sale
1,010 shares at $115.61
Common stock sale on May 18, 2026
Shares after sale
32,146 shares
Direct eBay common stock holdings following transactions
Shares acquired via exercise
4,322 shares
Derivative exercise/conversion on May 15, 2026
Tax withholding shares
2,303 shares
Shares withheld to cover tax liabilities
Key Terms
Rule 10b5-1 trading plan, restricted stock unit, tax-withholding disposition, vesting schedule
4 terms
Rule 10b5-1 trading plan regulatory
"The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 1, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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.
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.
vesting schedule financial
"The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 1/16th on 08/15/25 and 1/16th each quarter thereafter"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
FAQ
What did eBay (EBAY) executive Jordan Sweetnam report in this Form 4?
Jordan Sweetnam reported exercising derivative securities, paying related taxes in shares, and selling a small portion of eBay common stock. The filing shows routine executive equity activity, with continued direct ownership of 32,146 shares after the reported transactions.
Were Jordan Sweetnam’s eBay (EBAY) stock sales under a Rule 10b5-1 plan?
Yes. The Form 4 footnotes state the 1,010-share sale was executed pursuant to a Rule 10b5‑1 trading plan adopted on August 1, 2025. Such plans pre‑schedule trades, making the timing more routine than discretionary.