EBAY INC·4

Mar 17, 4:09 PM ET

Rawashdeh Mazen 4

Research Summary

AI-generated summary

Updated

eBay (EBAY) CTO Mazen Rawashdeh Exercises RSUs and Sells Shares

What Happened

  • Mazen Rawashdeh, SVP & Chief Technology Officer of eBay (EBAY), converted/exercised a total of 96,779 restricted stock units/derivatives (including an 88,668-share performance award that vested 100% on 3/15/26). To cover tax withholding, 50,443 shares were withheld/sold at $91.34 per share, generating $4,607,464 in proceeds. After withholding, roughly 46,336 shares were delivered to Rawashdeh.

Key Details

  • Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (appears timely within the 2-business-day window).
  • Per-share price for the withholding/sale: $91.34; tax-withholding proceeds: $4,607,464 (from 50,443 shares).
  • Conversions/awards involved: 88,668 performance RSUs (100% vested on 3/15/26 per footnote F6) plus smaller vesting tranches of 3,167; 2,500; and 2,444 RSUs.
  • Codes and what they mean: M = exercise/conversion of derivative (RSU → shares); A = award/grant (the performance RSU grant); F = payment of exercise price or tax liability (share withholding/sale to cover taxes).
  • Shares owned after the transaction are not specified in the summary data of this prompt/filing.

Context

  • This was primarily a vesting/conversion of RSUs with routine tax-withholding (some shares withheld/sold to cover tax obligations), not an open-market sale for investment purposes. For RSU events, exercising/converting is standard when restricted units vest and convert into shares; withholding sales to satisfy taxes are common and do not necessarily signal a view on the company’s stock.
  • The material item was the performance-based award (F6) that vested in full on 3/15/26; the withholding/sale is consistent with standard tax-settlement procedures.