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eBay (EBAY) SVP Jordan Sweetnam nets over 100k shares from RSU vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

eBay Inc. senior vice president and chief commercial officer Jordan Sweetnam reported a large equity compensation event tied to performance and time-based awards. He was granted 101,112 restricted stock units as a result of the company’s achievement of performance criteria from 1/1/23 to 3/15/26, with all shares vesting on 3/15/26.

On the same date, 3,611 previously granted restricted stock units also vested. In total, 104,723 shares of common stock were acquired through exercises or conversions, while 54,540 shares were withheld at a price of $91.34 per share to cover tax obligations. These are compensation-related and tax-withholding transactions, not open-market purchases or sales, and Sweetnam continues to hold a substantial direct stake in eBay common stock.

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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
Estimated average burden
hours per response: 0.5
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*
Sweetnam Jordan Douglas Bradley

(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 Commercial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026
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 03/15/2026 M 3,611 A $0 9,354 D
Common Stock 03/15/2026 M 101,112 A $0 110,466 D
Common Stock 03/15/2026 F 1,881 D $91.34 108,585 D
Common Stock 03/15/2026 F 52,659 D $91.34 55,926 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 -1 (1) 03/15/2026 M 3,611 (2) (3) Common Stock 3,611 $0 14,445 D
Restricted Stock Units -4 (1) 03/15/2026 A 101,112 (4) (3) Common Stock 101,112 $0 101,112 D
Restricted Stock Units -4 (1) 03/15/2026 M 101,112 (4) (3) Common Stock 101,112 $0 0 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 vested 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.
3. Not Applicable.
4. The reporting person was granted 101,112 restricted stock units as a result of the company's achievement of certain performance criteria during the period from 1/1/23 to 3/15/26, with 100% of the shares vesting on 3/15/26. 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: Jordan Sweetnam 03/17/2026
** 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 transaction did eBay (EBAY) executive Jordan Sweetnam report?

Jordan Sweetnam reported a major equity compensation event. He received 101,112 restricted stock units based on eBay’s performance through 3/15/26, plus 3,611 time-based units vesting. All vested units converted into common shares, reflecting routine executive compensation rather than open-market trading.

How many eBay shares did Jordan Sweetnam acquire in this Form 4 filing?

The filing shows exercises or conversions totaling 104,723 shares of eBay common stock. These came from 101,112 performance-based restricted stock units and 3,611 earlier time-based units, each RSU representing one share upon vesting. This significantly increased his directly held common stock before tax withholding.

Were any of Jordan Sweetnam’s eBay transactions open-market sales or purchases?

No, the transactions were not open-market trades. The Form 4 records RSU grants, vesting, and derivative exercises, plus shares withheld for taxes. Code M entries reflect option or RSU conversions, while code F entries represent shares surrendered to satisfy tax obligations, not discretionary market sales or buys.

Why were eBay shares withheld from Jordan Sweetnam in this Form 4?

Shares were withheld to cover tax obligations on vested awards. The filing shows 54,540 shares of common stock withheld under code F at $91.34 per share. This method pays required taxes using stock instead of cash and is common for large RSU vesting events.

What performance period triggered Jordan Sweetnam’s 101,112 eBay RSU grant?

The 101,112 restricted stock units were granted because eBay achieved specified performance criteria during the period from 1/1/23 to 3/15/26. According to the footnote, 100% of these RSUs vested on 3/15/26, converting into the same number of eBay common shares for Sweetnam.

How do Jordan Sweetnam’s time-based eBay RSUs vest over time?

The time-based RSUs vest in quarterly installments. One footnote states that 1/16 of the grant vested on 6/15/23, with an additional 1/16 vesting each quarter thereafter. Upon each vesting date, Sweetnam receives one share of common stock for each vested unit.
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40.95B
446.88M
Internet Retail
Services-business Services, Nec
Link
United States
SAN JOSE