IANNONE JAMIE 4

What Happened

• Jamie Iannone, President, CEO and Director of eBay (EBAY), sold a total of 22,220 shares in open‑market transactions on July 6–7, 2026, generating aggregate proceeds of approximately $2,531,580. The individual transactions reported were:
  • 2026-07-06: 9,206 shares at $113.23 — $1,042,395 (weighted prices in this lot ranged $112.65–$113.62; see footnote F2)
  • 2026-07-06: 1,904 shares at $113.82 — $216,713 (weighted prices in this lot ranged $113.65–$114.41; see footnote F3)
  • 2026-07-07: 9,927 shares at $114.47 — $1,136,344 (weighted prices in this lot ranged $113.90–$114.89; see footnote F4)
  • 2026-07-07: 1,183 shares at $115.07 — $136,128 (weighted prices in this lot ranged $114.90–$115.25; see footnote F5)
• These sales were made pursuant to a Rule 10b5‑1 trading plan adopted by Mr. Iannone on November 20, 2025 (footnote F1).

Key Details

• Transaction dates: July 6 and July 7, 2026; Form 4 filed July 8, 2026.
• Aggregate shares sold: 22,220; aggregate proceeds: ~$2.53 million.
• Shares owned after transaction: not disclosed in the provided filing.
• Notable footnotes: trades executed under a 10b5‑1 plan (F1). Footnotes F2–F5 report the weighted price ranges for each lot and state the filer will provide per‑price breakdowns on request.
• Filing timeliness: Form filed on July 8 for trades on July 6–7; no late‑filing indicator shown in the provided info.

Context

• Sales under a Rule 10b5‑1 plan are pre‑arranged automatic trading plans that can make it harder to infer the insider’s short‑term view of the company; such sales are often routine (e.g., for diversification or liquidity) rather than a direct signal about company prospects.
• For retail investors: purchases by insiders typically carry more informational weight than routine sales; these transactions should be considered alongside other insider activity and company fundamentals.