WELLINGTON SAMANTHA 4
4 · EBAY INC · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
eBay SVP Samantha Wellington Receives 24,124 RSUs
What Happened
Samantha Wellington, Senior Vice President and Chief Legal Officer of eBay Inc. (EBAY), was granted 24,124 restricted stock units (RSUs) on April 1, 2026. The award was granted at $0.00 (no cash exchanged) and is reported as a derivative grant (Form 4 code A). This is a compensation award rather than a market purchase or sale.
Key Details
- Transaction date and type: 2026-04-01 — Grant/Award of 24,124 RSUs reported on Form 4 (code A); reported acquisition price $0.00.
- Security type: Restricted stock units (derivative); each RSU converts to one share upon vesting (see footnotes).
- Shares owned after transaction: Not disclosed in this filing.
- Vesting: Per footnote, 1/16th vests on 6/15/26 and an additional 1/16th vests each quarter thereafter (Footnote F2).
- Footnotes: F1—each RSU equals a contingent right to one share; F2—quarterly vesting schedule as noted; F3—Not Applicable.
- Filing timeliness: Report filed 2026-04-03 for a 2026-04-01 transaction — appears timely (filed within the standard two business days).
Context
RSU grants are a common element of executive compensation. They are not an immediate cash transaction or open‑market purchase — shares are issued only as the RSUs vest according to the schedule. Such awards should be viewed as compensation mechanics rather than a direct signal of insider buying or selling.
Insider Transaction Report
- Award
Restricted Stock Units -4
[F1][F2][F3]2026-04-01+24,124→ 24,124 total→ Common Stock (24,124 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F2]The reporting person received restricted stock units, 1/16th of which vests on 6/15/26, and an additional 1/16th of which vests each quarter thereafter. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
- [F3]Not Applicable.