Rawashdeh Mazen 4

What Happened

• Mazen Rawashdeh, Senior Vice President and Chief Technology Officer of eBay, had restricted stock units (RSUs) convert to common shares on June 15, 2026. A total of 10,236 RSUs were exercised/converted (reported as derivative exercise, code M) at $0.00 exercise price (typical for RSUs).
• To satisfy tax withholding obligations (code F), 5,410 shares were surrendered at $109.18 per share, totaling $590,664. After withholding, Rawashdeh received a net ~4,826 shares.

Key Details

• Transaction date: 2026-06-15; Form filed: 2026-06-17 (filed two days after the transactions).
• Exercise/conversion: 10,236 shares @ $0.00 (code M).
• Tax withholding/settlement: 5,410 shares disposed @ $109.18 each = $590,664 (code F).
• Net shares delivered to insider: ~4,826 shares (10,236 converted − 5,410 withheld).
• Footnotes: RSUs represent contingent rights to receive one share each; vesting schedules noted (1/16th vesting milestones beginning 6/15/23 through 6/15/26 per filing).
• Filing timeliness: Appears timely (filed two days after the reported date); no late-filing indication in provided data.

Context

• This was a routine RSU vesting and net share settlement to cover tax liability (a common practice). The $0 exercise price indicates conversion of RSUs rather than exercise of paid stock options.
• Withholding of shares to meet tax obligations is administrative and does not necessarily indicate insider buying or selling for investment reasons.