IANNONE JAMIE 4

What Happened
Jamie Iannone, President and CEO of eBay Inc. (EBAY), had a large block of restricted stock units (RSUs) vest on March 15, 2026. A performance award of 326,668 RSUs vested in full (footnote F7) and several smaller RSU tranches also converted to shares (total converted = 364,373 shares). To satisfy tax withholding obligations, 189,868 shares were surrendered/sold at $91.34 per share, producing roughly $17,342,543. After withholding, Iannone retained about 174,505 shares from these vestings. Transaction codes: A = award/grant, M = conversion/exercise of derivative, F = payment of tax liability (withholding).

Key Details

• Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (timely filing).
• Vested/converted to shares: 364,373 total (including 326,668 performance RSUs per F7).
• Shares withheld/sold for taxes (F): 189,868 shares at $91.34 → proceeds ≈ $17,342,543.
• Net shares retained from these vestings: ≈ 174,505 shares.
• Relevant footnotes: F7 = 100% of 326,668 performance RSUs vested 3/15/26; F1–F6 describe prior/time-based RSU schedules.
• Codes explained: M = conversion of derivative/RSU to shares; F = shares transferred/sold to cover tax obligations; A = grant/award.

Context

• These transactions reflect RSU vesting and tax withholding, not an open-market sale driven by investment views. Withholding/surrender of shares to cover taxes is a routine administrative step following vesting (a form of cashless settlement).
• For retail investors: awards (A) are not purchases and do not necessarily indicate insider bullishness or bearishness; they reflect compensation and/or achievement of performance goals.
• No indication in the filing that this was part of a 10b5‑1 plan or a late filing.