Nash William D 4

What Happened

• William D. Nash, a non-employee director of eBay Inc. (EBAY), executed derivative conversions and received a new restricted stock unit (RSU) grant on 2026-06-17. The filing shows conversion/exercise (transaction code M) of 3,355 derivative units at $0.00 and a corresponding disposition of 3,355 derivative units (also $0.00). Separately he was granted 2,318 RSUs (transaction code A), issued as director compensation (the grant is structured as a $250,000 award divided by the closing stock price on the grant date).

Key Details

• Transaction date: 2026-06-17; Form 4 filed: 2026-06-18 (appears timely).
• Derivative conversion/exercise: 3,355 units converted (price reported $0.00).
• Derivative disposition: 3,355 units disposed (reported $0.00) — reflects the conversion/settlement of derivative instruments.
• Grant: 2,318 RSUs awarded (value determined as $250,000 / closing share price on grant date).
• Shares owned after transaction: not disclosed in the provided filing.
• Footnotes: F1 clarifies each RSU equals a contingent right to one common share. F2 explains the RSU grant calculation and that 100% of the RSUs vest on the earlier of one year after grant or the Issuer’s next annual meeting, subject to continued service. F3: Not applicable.

Context

• The M-code derivative activity here reflects conversion/exercise/settlement of derivative rights rather than an open-market purchase or sale; no cash proceeds or open-market sale is reported. The A-code RSU award is standard non-employee director compensation and vests per the terms in the filing. This filing does not indicate a sale of stock by the director and is primarily compensation/settlement activity rather than an investment purchase by the insider.