Green Logan 4
Research Summary
AI-generated summary
EBAY Director Logan Green Converts 3,355 RSUs to Shares
What Happened
Logan Green, a non-employee director of eBay Inc. (EBAY), had 3,355 restricted stock units (RSUs) vest and converted those RSUs into 3,355 shares on 2026-06-17. The filing shows an acquisition of 3,355 shares at $0.00 and a corresponding disposition of the derivative (the RSUs) at $0.00 — i.e., the RSUs were settled for common stock rather than an open‑market purchase or sale. The RSUs were originally granted as part of director compensation (see footnote on ~$250,000 grant value at grant date).
Key Details
- Transaction date: 2026-06-17; Form 4 filed 2026-06-18 (timely).
- Securities: 3,355 shares acquired via conversion/exercise of a derivative (code M) at $0.00; 3,355 derivative units disposed at $0.00.
- Shares owned after transaction: not specified in the provided filing extract.
- Footnotes: F1 = each RSU converts to one share; F2 = RSUs were granted at the 2025 annual meeting (amount = $250,000 ÷ grant-date price, rounded up) and 100% vested on the 2026 annual meeting.
- No 10b5-1 plan, cash sale, or tax‑withholding sale is indicated in the provided details.
Context
This was a routine settlement of director RSUs (compensation vesting), not an open‑market buy or sale. For retail investors, conversion of RSUs to shares is generally a compensation event rather than a direct signal of insider buying or selling intent. The filing reflects the mechanics of settling the derivative award into common stock.