SHROFF MOHAK 4
Research Summary
AI-generated summary
eBay Director Mohak Shroff Receives 247 Shares as Award
What Happened
Mohak Shroff, a director of eBay Inc. (EBAY), was issued 247 fully vested shares on February 1, 2026. The Form 4 reports an acquisition (code A) of 247 shares at a reported price of $0.00 — the issuance reflects equity granted in lieu of cash retainer fees for board service.
Key Details
- Transaction date: 2026-02-01 (reported on Form 4 filed 2026-02-03).
- Transaction type/code: Award/Grant (A). Reported acquisition price: $0.00.
- Shares acquired: 247 fully vested shares.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: The reporting person elected to receive fully vested common shares instead of cash retainer fees; the share count equals the fee amount divided by the issuer’s closing stock price on the payment date, rounded up.
- Timeliness: Form 4 was filed two days after the transaction date (generally within the two-business-day reporting window).
Context
Receiving shares in lieu of cash retainer is a routine form of director compensation and does not necessarily signal a change in personal market view. To estimate the economic value of this award, multiply 247 by eBay’s closing price on the relevant payment date (the filing does not state a dollar value).