EBAY (EBAY) SVP Jordan Sweetnam converts RSUs and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EBAY Inc senior vice president and chief commercial officer Jordan Douglas Bradley Sweetnam reported stock-based compensation activity. He exercised or converted 4,321 restricted stock units into 4,321 shares of common stock at a stated price of $0 per share, increasing his directly held common shares. In a related move, 2,302 common shares were disposed of at $82.38 per share to cover tax obligations through share withholding. Following these transactions, he directly holds 6,752 shares of common stock and 56,177 restricted stock units, which continue to vest over a four-year schedule as described in the award terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,321 shares exercised/converted
Mixed
3 txns
Insider
Sweetnam Jordan Douglas Bradley
Role
SVP, Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units -3 | 4,321 | $0.00 | -- |
| Exercise | Common Stock | 4,321 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,302 | $82.38 | $190K |
Holdings After Transaction:
Restricted Stock Units -3 — 56,177 shares (Direct);
Common Stock — 9,054 shares (Direct)
Footnotes (1)
- 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.