WELLINGTON SAMANTHA 4

What happened Samantha Wellington, Senior Vice President and Chief Legal Officer of eBay (EBAY), had restricted stock units (RSUs) convert into 3,388 shares of common stock on June 15, 2026. To satisfy tax withholding obligations, 1,808 of those shares were withheld (treated as a disposal) at $109.18 per share, totaling approximately $197,398. The remaining net shares issued to her were 1,580 shares. This was a vesting/conversion event (not an open‑market purchase or sale by choice).

Key details

• Transaction date: 2026-06-15; Form 4 filed 2026-06-17 (appears timely).
• Conversion/vesting: 1,880 RSUs and 1,508 RSUs converted to 3,388 shares (transaction code M).
• Tax withholding: 999 shares withheld ($109.18/share = $109,071) and 809 shares withheld ($109.18/share = $88,327); total cash value withheld ≈ $197,398 (transaction code F).
• Net shares received: 3,388 − 1,808 = 1,580 shares retained by the insider.
• Footnotes: Each RSU represents a right to one share upon vesting (F1). Vesting schedules noted in the filing (F2, F4) describe 1/16th vesting increments; withholding was used to cover tax liability (F3 marked Not Applicable).
• The filing shows a routine vesting and withholding; no 10b5‑1 sale plan or open‑market sale was reported.

Context This was a standard RSU vesting and tax-withholding event (a cashless withholding), not an opportunistic open‑market sale or purchase. For retail investors, such withholding transactions are administrative and do not necessarily indicate a change in insider sentiment.