Boone Cornelius 4

What Happened
Boone Cornelius, eBay's Senior VP and Chief People Officer, sold 34,100 shares of EBAY stock in an open-market sale on February 24, 2026. The shares were sold at prices ranging from $85.02 to $85.46, with a weighted average price of $85.26, for gross proceeds of approximately $2,907,366. This was a sale (not a purchase or award).

Key Details

• Transaction date: 2026-02-24 (filed with the SEC on 2026-02-26). The filing was submitted two days after the trade, which is within the usual two-business-day Section 16 reporting window.
• Price: range $85.02–$85.46; weighted average $85.26 (footnote F1).
• Shares sold: 34,100; gross proceeds ≈ $2,907,366.
• Shares owned after the transaction: not disclosed in the provided Form 4 extract.
• Footnote: F1 notes the weighted-average price and that the seller can provide, on request, the number of shares sold at each individual price.
• Transaction code: S (sale). No indication in this filing of a 10b5-1 plan, gift, tax-withholding retention, or option exercise.

Context

• This was an outright sale of existing shares. Sales by executives can be for many reasons (diversification, tax planning, routine liquidity) and do not by themselves indicate a change in company fundamentals.
• No derivative transactions or immediate option exercises are reported in this filing.