eBay CFO Peggy Alford Converts RSUs; Shares Withheld for Taxes

What Happened

• Peggy Alford, Chief Financial Officer of eBay Inc. (EBAY), had restricted stock units (RSUs) convert to common shares on 2026-09-15. A total of 5,371 RSUs converted into 5,371 shares (2,904 + 2,467).
• To satisfy tax withholding, 2,716 shares were surrendered (1,463 and 1,253) at an indicated value of $108.03 per share, totaling $293,410 ($158,048 + $135,362). After withholding, Alford received approximately 2,655 net shares (5,371 − 2,716).
• These transactions reflect vesting/conversion of awards rather than an open-market sale or purchase.

Key Details

• Transaction date: 2026-09-15; Form 4 filed: 2026-09-17 (timely).
• Transaction codes: M = exercise/conversion of derivative (here, RSU conversion at $0.00); F = payment of tax liability via share surrender (withholding).
• Specifics: 2,904 RSUs and 2,467 RSUs converted; 1,463 and 1,253 shares were withheld for taxes at $108.03 each (total withheld value $293,410).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes explain these were RSUs subject to a multi-quarter vesting schedule; vested units became one share each upon conversion.

Context

• This was a standard vesting and tax-withholding event (not an open-market sale). Withholding of shares to cover taxes is routine and does not necessarily indicate a change in insider sentiment.
• The $0.00 conversion price and the footnotes confirm these were RSUs converting into common shares rather than cash-settled options.