Boone Cornelius 4

4 · EBAY INC · Filed Jun 17, 2026

AI-generated summary of this filing

Updated Jun 17, 2026

eBay (EBAY) SVP Boone Cornelius Exercises RSUs, Shares Withheld

What Happened

Boone Cornelius, SVP and Chief People Officer at eBay (EBAY), had restricted stock units (RSUs) convert to common stock on 2026-06-15. A total of 8,897 shares were issued upon vesting (recorded as exercise/conversion of derivatives, code M) at $0.00 exercise price.
To satisfy tax withholding obligations (code F), 3,394 of those shares were surrendered/sold at $109.18 per share, generating proceeds of approximately $370,557. After withholding, Cornelius retained a net increase of 5,503 shares from this vesting event.
This is a routine vesting and tax-withholding transaction (not an open-market purchase or discretionary sale).

Key Details

Transaction date: 2026-06-15; filing date: 2026-06-17 (timely Form 4 filing).
Acquired on vesting: 8,897 shares (conversion of RSUs) at $0.00 (derivative conversion, code M).
Shares withheld/sold for taxes: 3,394 shares at $109.18 each; total value ≈ $370,557 (payment of tax liability, code F).
Net shares retained from this event: 5,503 shares (8,897 − 3,394).
Footnotes: RSUs convert 1-for-1 into common shares (F1). Vesting schedules referenced (F2–F6) indicate staggered quarterly vesting dating back to 6/15/23 and through 6/15/26.
No 10b5-1 plan or late filing indicated in the report.

Context

This is a standard RSU vest-and-withhold (cashless) transaction: RSUs vested and a portion of shares were surrendered/sold solely to cover tax withholding. Such transactions are administrative and do not necessarily signal buying or selling intent.
For retail investors, purchases or open-market buys by insiders can be considered more informative; this filing reflects compensation vesting and tax settlement rather than a market-directed trade.

Form 4

Period: 2026-06-15

SVP, Chief People Officer

Transactions

Exercise/Conversion
Common Stock
2026-06-15+2,778→ 66,459 total
Exercise/Conversion
Common Stock
2026-06-15+2,205→ 68,664 total
Exercise/Conversion
Common Stock
2026-06-15+2,200→ 70,864 total
Exercise/Conversion
Common Stock
2026-06-15+1,714→ 72,578 total
Tax Payment
Common Stock
2026-06-15$109.18/sh−1,038$113,329→ 71,540 total
Tax Payment
Common Stock
2026-06-15$109.18/sh−836$91,274→ 70,704 total
Tax Payment
Common Stock
2026-06-15$109.18/sh−848$92,585→ 69,856 total
Tax Payment
Common Stock
2026-06-15$109.18/sh−672$73,369→ 69,184 total
Exercise/Conversion
Restricted Stock Units -5
[F1][F2][F3]
2026-06-15−2,778→ 8,334 total
→ Common Stock (2,778 underlying)
Exercise/Conversion
Restricted Stock Units -6
[F1][F4][F3]
2026-06-15−2,205→ 15,442 total
→ Common Stock (2,205 underlying)
Exercise/Conversion
Restricted Stock Units -8
[F1][F5][F3]
2026-06-15−2,200→ 24,196 total
→ Common Stock (2,200 underlying)
Exercise/Conversion
Restricted Stock Units -10
[F1][F6][F3]
2026-06-15−1,714→ 25,699 total
→ Common Stock (1,714 underlying)

Footnotes (6)

[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 6/15/23, 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.
[F4]The reporting person received restricted stock units, 1/16th of which vests on 6/15/24, 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.
[F5]The reporting person received restricted stock units, 1/16th of which vests on 6/15/25, 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.
[F6]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.

Signature

By: Oliver Cohen For: Cornelius Boone|2026-06-17

1 file