Sweetnam Jordan Douglas Bradley 4
Research Summary
AI-generated summary
eBay SVP Jordan Sweetnam Exercises RSUs, Sells 2,302 Shares
What Happened
- Jordan Douglas Bradley Sweetnam, SVP & Chief Commercial Officer of eBay (EBAY), had 4,321 restricted stock units (RSUs) convert to common shares on Feb 15, 2026. To cover tax withholding, 2,302 of those shares were withheld/sold at $82.38 per share, generating approximately $189,639. The net shares delivered to Sweetnam were 2,019 (4,321 vested − 2,302 withheld).
Key Details
- Transaction date: 2026-02-15. Form filed: 2026-02-18.
- Vesting / conversion (Code M): 4,321 RSUs converted to 4,321 shares at $0.00 per share.
- Tax withholding/disposition (Code F): 2,302 shares disposed at $82.38 = $189,639.
- Net shares received from vesting: 2,019 shares.
- Shares owned after the transaction: not stated in this Form 4.
- Footnotes: F1 confirms each RSU equals a contingent right to one share; F2 describes a four-year vesting schedule (vesting began 08/15/25 and continues quarterly) and continued-vesting provisions for retirement after 06/30/28.
- Filing timeliness: Form filed three days after the transaction date; the filing does not indicate a late-reporting flag.
Context
- This was RSU vesting with shares withheld to satisfy tax obligations (a routine, non‑market purchase/sale). It is not an open‑market sale for investment purposes but a standard tax-withholding/cashless settlement of vested equity.