Form 4: eBay Director Logan Green Acquires Shares in Lieu of Cash Fees

Director Logan Green acquired 351 shares of eBay common stock on May 1, 2025, in lieu of cash retainer fees for board service.

Summary

• On May 1, 2025, Logan Green, a director of eBay Inc., acquired 351 shares of eBay's common stock.
• The acquisition was made in lieu of cash retainer fees payable for service on eBay's Board of Directors and any committees thereof.
• The number of shares issued was determined by dividing the amount of such fees by eBay's closing stock price on the date the fees would otherwise be paid, rounded up to the nearest whole share.
• Following the transaction, Green directly owns 44,592 shares of eBay common stock.
• A Power of Attorney was executed on April 4, 2025, appointing Samantha Wellington, Greg Kerber, and Oliver Cohen as attorneys-in-fact to execute Forms 3, 4, and 5 on behalf of Logan Green.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (director acquiring shares in lieu of fees), which is generally viewed neutrally to slightly positively as it aligns director interests with shareholders.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

The document does not contain specific forward-looking statements regarding eBay's future performance.

Industry Context

Directors receiving stock in lieu of cash compensation is a fairly common practice, aligning their interests with those of shareholders.

Comparison to Industry Standards

• Stock ownership by directors is a common practice across the technology industry, with companies like Amazon, Google (Alphabet), and Microsoft having similar arrangements.
• Director compensation packages often include a mix of cash and stock to incentivize long-term value creation, aligning director interests with shareholder interests.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates

Keywords

eBay, Logan Green, Form 4, Director, Stock Acquisition, Beneficial Ownership, Power of Attorney, SEC Filing