SHARPLES BRIAN 4
4 · EBAY INC · Filed Apr 17, 2026
Research Summary
AI-generated summary of this filing
eBay (EBAY) Director Brian Sharples Receives 892 RSU Award
What Happened Brian Sharples, a non‑employee director of eBay Inc. (EBAY), was granted 892 restricted stock units (RSUs) on April 15, 2026. The Form 4 reports the award as a derivative acquisition (code A) of 892 shares at $0.00 (no cash paid at grant). The grant was calculated as a pro‑rated portion of the annual non‑employee director award (footnote shows $66,438 used to compute the number of RSUs based on a prior closing price).
Key Details
- Transaction date: 2026-04-15; Form 4 filed 2026-04-17 (timely filing).
- Security: 892 restricted stock units (derivative award), reported at $0.00 per unit.
- Vesting: 100% vests on the earlier of (i) June 25, 2026 or (ii) the issuer’s first annual meeting after the grant, subject to continued service.
- Shares owned after transaction: not stated in the provided filing details.
- Footnotes: F1 = each RSU converts to one share when settled; F2 explains the grant was pro‑rated ($66,438) and rounded to whole RSUs based on a prior closing price.
Context This was a standard director compensation grant (not a purchase or sale). RSU grants are compensation, not an immediate cash investment or liquidation; they become shares only when they vest/settle. Such awards are routine for board service and do not, by themselves, imply a buying or selling signal.
Insider Transaction Report
- Award
Restricted Stock Units -1
[F1][F2][F3]2026-04-15+892→ 892 total→ Common Stock (892 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F2]In connection with the reporting person's appointment and service as a non-employee director of the Issuer, such reporting person has been granted restricted stock units, the value of which is pro-rated to reflect his service for the portion of the year following his appointment on March 20, 2026. The number of restricted stock units granted is calculated by dividing (A) $66,438 (the pro-rated portion of the Issuer's annual grant value to non-employee directors) by (B) the Issuer's closing stock price on the date of the Issuer's 2025 annual meeting of stockholders, rounded up to the nearest whole restricted stock unit. 100% of the restricted stock units vest on the earlier of: (i) 6/25/2026 or (ii) the date of the Issuer's first annual meeting of stockholders that occurs after the date of grant, provided that the reporting person continues to provide service to the Issuer through such date.
- [F3]Not Applicable.