WELLINGTON SAMANTHA 4

What Happened Samantha Wellington, Senior Vice President and Chief Legal Officer of eBay (EBAY), had 1,835 restricted stock units (RSUs) convert to common shares on May 15, 2026. The conversion was reported as an exercise/conversion of a derivative at $0.00 per share (i.e., RSUs vesting). To cover tax withholding, 974 shares were surrendered at an implied value of $116.13 per share for a total tax withholding of $113,111. Net shares received from the vesting event were 861 shares (1,835 vested − 974 withheld).

Key Details

• Transaction date: May 15, 2026.
• Vesting/conversion: 1,835 shares acquired at $0.00 (RSU conversion).
• Tax withholding: 974 shares disposed at $116.13 each, total $113,111 (code F).
• Net shares received: 861 shares.
• Footnotes: RSUs convert to one share each upon vesting; RSUs subject to a four‑year vesting schedule (25% on 11/15/2025, then 1/16th each quarter thereafter).
• Filing note: Table I, Column 5 of the filing also includes 430 shares acquired under eBay’s Employee Stock Purchase Plan (ESP P) on April 30, 2026.
• Filing timeliness: The filing does not indicate a late report in the provided data.

Context This was a standard RSU vesting event with shares withheld to satisfy tax obligations (a common, non‑market directional action). The reporting shows conversion of RSUs rather than an open‑market purchase or discretionary sale; the withholding is effectively a cashless method to cover taxes and does not necessarily signal insider sentiment about eBay stock.