IANNONE JAMIE 4

What Happened Jamie Iannone, President & CEO of eBay (EBAY), had multiple restricted stock units (RSUs) vest/convert into 36,982 shares on June 15, 2026 (reported on Form 4 filed 6/17/26). Of those shares, 19,535 were withheld/disposed to satisfy tax withholding obligations at $109.18 per share, generating proceeds of $2,132,831. The conversions are reported as derivative exercises/conversions at $0.00 (typical for RSU vesting); the withholding entries are reported as payment of tax liability.

Key Details

• Transaction date: 2026-06-15; Form 4 filed: 2026-06-17 (timely filing).
• Shares converted (RSU vesting): 36,982 shares (four conversion entries: 11,667; 9,265; 8,648; 7,402).
• Shares withheld/ disposed to cover taxes: 19,535 shares (6,093; 4,879; 4,594; 3,969) at $109.18 = $2,132,831.
• Net shares added to Iannone’s position: 17,447 shares (36,982 − 19,535).
• Transaction codes: M = exercise/conversion of derivative (RSU → share at $0.00); F = payment of exercise price or tax liability (share withholding).
• Footnotes indicate these were restricted stock units from multiple grants with quarterly vesting schedules (F1–F6). No 10b5-1 plan or sale on the open market is indicated in the provided data.
• Shares owned after the transaction are not specified in the summary data provided.

Context This was a routine RSU vesting event with shares withheld to satisfy tax obligations (a common "cashless" withholding), not an open-market sell driven by the insider. For retail investors, vesting/withholding transactions typically reflect compensation mechanics rather than a direct buy or sell signal about the insider's market view.