eBay Insider Filing: 1,880 RSUs Granted to Chief Legal Officer; 1,005 Shares Sold

Rhea-AI Filing Summary

Samantha Wellington, SVP and Chief Legal Officer of eBay Inc. (EBAY), reported insider transactions on 09/15/2025. The filing shows a grant of 1,880 restricted stock units (RSUs) (reported as a non‑derivative acquisition and detailed in Table II as RSUs) with a $0 price and a vesting schedule that begins 06/15/2025 at 1/16th and vests an additional 1/16th each quarter thereafter. The filing also discloses the disposition of 1,005 shares of common stock on 09/15/2025 at a price of $90.36 per share. The report lists post‑transaction beneficial ownership figures as 3,493 shares and 2,488 shares in the non‑derivative table and 26,320 shares in Table II for RSU‑related beneficial ownership, as provided in the filing. The form is signed on behalf of the reporting person by Greg Kerber on 09/17/2025.

Positive

• Received 1,880 RSUs as a compensatory equity grant with explicit vesting schedule
• Full disclosure of sale of 1,005 shares at a specific price ($90.36), supporting transparency

Negative

• Disposition of 1,005 shares reduces the reporting person’s immediate common stock holdings
• Filing lacks explanation for the reason behind the share sale (e.g., tax or diversification) — only transaction facts provided

Insights

Securities Analyst

TL;DR: Insider received a grant of 1,880 RSUs and sold 1,005 shares at $90.36; reported holdings updated accordingly.

The filing documents a routine equity award and a contemporaneous sale by a senior executive. The RSU grant (1,880 units at $0) is compensatory, with a standard quarterly vesting schedule beginning 06/15/2025. The sale of 1,005 shares at $90.36 is reported as a disposition and reduces immediate common stock holdings. This combination of grant plus sale is commonly used to meet diversification or tax obligations while maintaining long‑term incentive alignment through unvested RSUs. All statements are limited to the exact figures and schedules disclosed.

Corporate Governance Expert

TL;DR: Report reflects routine executive compensation and an exercised liquidity event; disclosure appears complete for the transactions reported.

The form identifies the reporting person as an officer (SVP, Chief Legal Officer) and discloses both an award of RSUs and an open‑market disposition on the same date. The RSU vesting cadence (1/16th initial on 06/15/2025, then quarterly) is explicitly stated. Signature and filing mechanics are provided. The filing does not include additional context such as purpose of the sale or tax withholding; only the explicit transaction details are available in the document.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

WELLINGTON SAMANTHA

(Last) (First) (Middle)

C/O EBAY INC. 2025 HAMILTON AVE.

(Street)

SAN JOSE CA 95125

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
EBAY INC [ EBAY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/15/2025		M		1,880	A	$0	3,493	D
Common Stock	09/15/2025		F		1,005	D	$90.36	2,488	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units -3	(1)	09/15/2025		M			1,880	(2)	(3)	Common Stock	1,880	$0	26,320	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.

2. 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.

3. Not Applicable.

	By: Greg Kerber For: Samantha Wellington	09/17/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Samantha Wellington (EBAY) report on 09/15/2025?

The filing reports a grant of 1,880 RSUs and a disposition of 1,005 common shares sold at $90.36 per share, both dated 09/15/2025.

How do the RSUs awarded to Samantha Wellington vest?

The RSUs vest starting 06/15/2025 with 1/16th vesting then, and an additional 1/16th each quarter thereafter, as stated in the filing.

How many shares does the filing report as beneficially owned after the transactions?

The filing lists post‑transaction figures of 3,493 and 2,488 shares in the non‑derivative table and 26,320 shares under RSU‑related beneficial ownership, as reported.

What price was the sale of common stock executed at?

The reported sale of 1,005 shares was executed at a price of $90.36 per share.

Who signed the Form 4 on behalf of Samantha Wellington and when?

The Form 4 was signed by Greg Kerber for Samantha Wellington on 09/17/2025, per the filing.