WELLINGTON SAMANTHA 4

What Happened

• Samantha Wellington, Senior Vice President & Chief Legal Officer at eBay, had restricted stock units (RSUs) convert into 1,880 shares on 2026-03-15 (reported on Form 4 filed 2026-03-17). The RSU conversion shows an acquisition at $0.00 per share.
• To cover tax withholding, 1,000 shares were surrendered/disposed at $91.34 per share, generating proceeds of approximately $91,340. That leaves a net issuance to Wellington of roughly 880 shares (1,880 converted minus 1,000 withheld).
• This is an award/vesting and tax-withholding transaction (routine), not an open-market purchase or voluntary sale.

Key Details

• Transaction date: 2026-03-15; Form 4 filed: 2026-03-17 (timely).
• Conversion: 1,880 RSUs converted into shares (code M) at $0.00.
• Tax withholding: 1,000 shares disposed (code F) at $91.34 = $91,340.
• Net new shares received (approx.): 880 shares.
• Footnotes: F1/F2 indicate each RSU equals one share on vesting; the RSU plan vests 1/16th on 6/15/25 and 1/16th each quarter thereafter. F3 Not applicable.
• Shares owned after transaction: not specified in the provided filing excerpt.

Context

• This was a conversion/vesting of RSUs with shares surrendered to satisfy tax withholding — commonly a cashless withholding event and not a market sale signaling a trading view.
• Transaction codes: M = exercise/conversion of a derivative (RSU conversion), F = payment of exercise price or tax liability (withholding).