eBay SVP granted 101,112 RSUs, pays tax in stock
eBay Inc. senior vice president and chief commercial officer Jordan Sweetnam reported a large equity compensation event tied to performance and time-based awards.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units -1 | 3,611 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units -4 | 101,112 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units -4 | 101,112 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,611 | $0.00 | $0.00 |
| Exercise | Common Stock | 101,112 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,881 | $91.34 | $172K |
| Exercise Price or Tax Liability | Common Stock | 52,659 | $91.34 | $4.81M |
Footnotes (4)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F2. 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.
- F3. Not Applicable.
- F4. 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.
FAQ
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What insider transaction did eBay (EBAY) executive Jordan Sweetnam report?
Were any of Jordan Sweetnam’s eBay transactions open-market sales or purchases?
What performance period triggered Jordan Sweetnam’s 101,112 eBay RSU grant?
How do Jordan Sweetnam’s time-based eBay RSUs vest over time?
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