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EBAY INC·4

Feb 3, 4:27 PM ET

Sweetnam Jordan Douglas Bradley 4

Research Summary

AI-generated summary

Updated

eBay SVP Jordan Sweetnam Exercises Options, Sells Shares

What Happened

  • Jordan Douglas Bradley Sweetnam, SVP and Chief Commercial Officer of eBay (EBAY), exercised 33,441 stock options at a $57.71 strike (cash paid $1,929,880) on Jan 30, 2026 and sold the same 33,441 shares in open-market transactions the same day. The sales generated gross proceeds of about $3,076,279 across three price bands.
  • These transactions were executed under a Rule 10b5-1 trading plan the reporting person adopted on August 1, 2025.

Key Details

  • Transaction date: January 30, 2026; Form 4 filed February 3, 2026 (filing appears timely).
  • Exercise: 33,441 shares exercised at $57.71 each — total exercise cost $1,929,880 (reported as transaction code M).
  • Sales: 33,441 shares sold in three tranches:
    • 15,965 shares at a weighted average of $91.43 (proceeds $1,459,680) — prices ranged $91.00–$91.98 (F3)
    • 17,076 shares at a weighted average of $92.49 (proceeds $1,579,359) — prices ranged $92.00–$92.99 (F4)
    • 400 shares at a weighted average of $93.10 (proceeds $37,240) — prices ranged $93.02–$93.22 (F5)
  • A matching 33,441-share derivative disposal was reported at $0.00 (reflects the mechanics of the option exercise/sale reporting on the Form 4).
  • Shares owned after the transaction: not specified in the provided filing excerpt.
  • Notable footnotes: F1/F2 — both the exercises and the sales were carried out pursuant to a Rule 10b5-1 trading plan adopted Aug 1, 2025. F6 notes prior vesting (44,590 options vested 3/15/2024; 55,736 vested 3/15/2025) for the award.

Context

  • This was effectively an exercise of options followed by same-day sale of the exercised shares (common cashless/offsetting activity), implemented under a pre-established 10b5-1 plan — a routine liquidity move rather than a clear buy/sell signal about company prospects.
  • For retail investors, the key facts are the size and timing: Sweetnam converted options and realized about $3.08M in gross sale proceeds. The filing is informational and does not by itself indicate change to company fundamentals.