Chennapragada Aparna 4

What Happened

• Aparna Chennapragada, a non-employee director of eBay Inc. (EBAY), reported exercising/converting derivative securities equal to 3,355 shares on 2026-06-17 (reported consideration $0). On the same date she was also granted 2,318 restricted stock units (RSUs) as a director award (the grant is described as $250,000 of director compensation per the grant formula in the footnotes).

Key Details

• Transaction date: 2026-06-17; Form 4 filed 2026-06-18 (timely).
• Exercise/conversion (code M): 3,355 shares acquired (reported $0 consideration) and a matching derivative disposition of 3,355 shares (reported $0).
• Grant/award (code A): 2,318 RSUs granted; footnote states the grant equals $250,000 divided by the closing stock price on the grant date, rounded up.
• Shares owned after transaction: not specified in the provided summary—see the full Form 4 for post-transaction holdings.
• Footnotes: F1 clarifies each RSU converts to one share when vested. F2 explains the RSU grant is director compensation and vests 100% on the earlier of one year or the first annual meeting after grant, subject to continued service.

Context

• The filing shows acquisitions (exercise/conversion and an RSU award), not open-market purchases or sales. The reported $0 consideration for the derivative conversion means the Form 4 did not report cash paid in the transaction; consult the full filing for mechanics (e.g., net settlement or conversion details). RSU grants to directors are routine compensation and vest on a time/event schedule described in the footnotes.