EBAY SVP exercises RSUs, withholds shares for tax
EBAY Inc senior vice president and chief commercial officer Jordan Douglas Bradley Sweetnam reported stock-based compensation activity.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units -3 | 4,321 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,321 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,302 | $82.38 | $190K |
Footnotes (3)
- 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 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.
- F3. Not Applicable.
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