SHARPLES BRIAN 4
Research Summary
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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.