Boone Cornelius 4

What Happened Boone Cornelius, eBay's Senior Vice President and Chief People Officer, sold 31,100 shares of eBay stock in an open-market transaction on 2026-06-05. The shares were disposed at a weighted average price of $109.69, generating proceeds of approximately $3,411,359. The sale was executed under a preexisting Rule 10b5-1 trading plan.

Key Details

• Transaction date: 2026-06-05; Form 4 filed: 2026-06-08 (timely filing).
• Shares sold: 31,100; weighted average price: $109.69; total proceeds: ~$3.41M.
• Price range: $109.64 to $109.75 (report notes the weighted avg; exact per-price breakdown available on request).
• Footnote: Sale pursuant to a 10b5-1 trading plan adopted March 6, 2026.
• Additional note in filing: 302 shares were acquired under eBay’s Employee Stock Purchase Plan on April 30, 2026.
• Shares owned after the transaction: Not specified in the provided excerpt; see the full Form 4 for post-transaction holdings.

Context This was a sale (often routine for executives) made under a prearranged 10b5-1 plan, which typically allows insiders to sell shares on a scheduled basis and is designed to insulate trades from short-term company developments. The filing appears timely based on the reported dates.