Loeger Julie A 4
Research Summary
AI-generated summary
eBay (EBAY) SVP Julie A. Loeger Receives RSU Award; Shares Withheld for Taxes
What Happened
- Julie A. Loeger, SVP and Chief Growth Officer at eBay, had 97,223 performance-based restricted stock units (RSUs) vest on 2026-03-15 and they converted into common shares. To satisfy tax withholding liabilities, 45,484 shares were withheld/disposed at $91.34 per share, totaling about $4,154,509. The Form 4 also shows conversion of several smaller RSU tranches (3,472; 3,799; 2,914) that converted to shares on the same date.
Key Details
- Transaction date: 2026-03-15; Form 4 filed: 2026-03-17 (timely filing).
- Main vest: 97,223 RSUs vested due to performance criteria (Footnote F6).
- Tax withholding/dispositions (code F): 41,114 + 1,469 + 1,631 + 1,270 = 45,484 shares withheld at $91.34/share → $4,154,509 total.
- Other conversions (code M): 3,472; 3,799; 2,914 shares converted from prior RSU awards (reported as exercises/conversions at $0).
- Shares owned after the transactions: not specified in this filing.
- Footnotes: F1–F6 explain RSU mechanics and vesting schedules; F6 confirms the 97,223 award vested 100% on 3/15/26.
Context
- RSUs are a contingent right to receive one share upon vesting; these entries reflect vesting/conversion rather than an open-market purchase or discretionary sale.
- The withheld/disposed shares (code F) indicate net-share settlement or shares retained/used to cover tax obligations — not necessarily an open-market sale — and are routine for vested equity compensation.
- This is not a purchase signal; it is compensation vesting with tax withholding as the method of settlement.