eBay (EBAY) SVP Cornelius Boone details RSU vesting and stock moves

Rhea-AI Filing Summary

eBay Inc. reported equity transactions for its SVP, Chief People Officer, Cornelius Boone, on 12/15/2025. On that date, restricted stock units were converted into common stock in three transactions of 2,206, 2,200, and 2,778 shares at an exercise price of $0 per share. The report also shows three dispositions of common stock of 837, 852, and 1,033 shares at $82.59 per share. Following these transactions, Boone directly beneficially owned 96,383 shares of eBay common stock.

The derivative table explains that each restricted stock unit represents a contingent right to receive one share of common stock, with separate grants vesting in 1/16th increments beginning on 6/15/2023, 6/15/2024, and 6/15/2025, and then quarterly thereafter.

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

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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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Boone Cornelius

(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 People Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

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	12/15/2025		M		2,206	A	$0	94,127	D
Common Stock	12/15/2025		M		2,200	A	$0	96,327	D
Common Stock	12/15/2025		M		2,778	A	$0	99,105	D
Common Stock	12/15/2025		F		837	D	$82.59	98,268	D
Common Stock	12/15/2025		F		852	D	$82.59	97,416	D
Common Stock	12/15/2025		F		1,033	D	$82.59	96,383	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 -6	(1)	12/15/2025		M			2,206	(2)	(3)	Common Stock	2,206	$0	19,853	D
Restricted Stock Units -8	(1)	12/15/2025		M			2,200	(4)	(3)	Common Stock	2,200	$0	28,595	D
Restricted Stock Units -5	(1)	12/15/2025		M			2,778	(5)	(3)	Common Stock	2,778	$0	13,889	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 6/15/24, 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.

3. Not Applicable.

4. 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.

5. 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.

	By: Greg Kerber For: Cornelius Boone	12/17/2025
	** 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.
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FAQ

What insider activity did eBay (EBAY) report for Cornelius Boone on 12/15/2025?

On 12/15/2025, eBay reported that SVP and Chief People Officer Cornelius Boone had restricted stock units convert into common stock in three transactions of 2,206, 2,200, and 2,778 shares at an exercise price of $0 per share, along with three dispositions of 837, 852, and 1,033 shares at $82.59 per share.

How many eBay shares does Cornelius Boone own after these transactions?

After the reported transactions on 12/15/2025, Cornelius Boone directly beneficially owned 96,383 shares of eBay common stock.

What role does the reporting person hold at eBay (EBAY)?

The reporting person, Cornelius Boone, is identified as an Officer of eBay with the title SVP, Chief People Officer.

What are the vesting terms for Cornelius Boone’s eBay restricted stock units?

The filing explains three restricted stock unit grants. For one grant, 1/16th vests on 6/15/2023 and an additional 1/16th vests each quarter thereafter. A second grant vests 1/16th on 6/15/2024 with quarterly vesting after that, and a third grant vests 1/16th on 6/15/2025 with additional 1/16th portions vesting each following quarter.

What does each eBay restricted stock unit represent in this Form 4?

Each restricted stock unit represents a contingent right to receive one share of eBay common stock. Upon vesting, the reporting person receives a number of common shares equal to the number of restricted stock units that have vested.

Were the eBay share transactions reported as individual or joint filings?

The report indicates that the document is a Form filed by One Reporting Person, meaning it covers only the transactions of Cornelius Boone.

Is there any indication that these eBay transactions were under a Rule 10b5-1 plan?

The form includes a checkbox to indicate if a transaction was made pursuant to a Rule 10b5-1(c) plan, but the excerpt does not state that this box was checked for the reported transactions.