4Filed Sep 16, 8:00 PM ET

eBay (EBAY) CEO Jamie Iannone Exercises RSUs, Sells Shares to Cover Taxes

$EBAY · EBAY INC

Research Summary

AI-generated summary of this SEC filing

Updated

eBay (EBAY) CEO Jamie Iannone Exercises RSUs, Sells Shares to Cover Taxes

What Happened Jamie Iannone, President & CEO and a director of eBay (EBAY), had restricted stock units (RSUs) convert into 36,979 shares on 2026-09-15. To satisfy tax withholding, 19,481 of those shares were withheld/sold at $108.03 per share, producing total proceeds of $2,104,532. The net result was 17,498 shares added to his holdings (36,979 vested − 19,481 withheld).

Key Details

  • Transaction date: 2026-09-15; Form 4 filed 2026-09-17 (timely within reporting window).
  • Vested/converted (M code): 36,979 shares acquired at $0.00 (RSU conversion).
  • Tax withholding/sale (F code): 19,481 shares disposed at $108.03, total proceeds $2,104,532.
  • Net shares retained from the vesting: 17,498 shares.
  • Footnotes: These shares reflect multiple RSU grants with staged vesting schedules (grants from 2023–2026; 1/16th vesting on designated dates/quarters).
  • Transaction codes: M = exercise/conversion of derivative (RSU conversion); F = payment of tax liability via share withholding/sale.

Context This was an RSU vesting event with a cashless-like settlement for taxes (shares withheld/sold to cover tax obligations), not an open-market purchase or discretionary sale for investment purposes. Such tax-withholding dispositions are routine following equity vesting and do not by themselves indicate a change in insider sentiment.