Form 4: EBay Director Logan Green Reports Acquisition and Disposal of Common Stock

Director Logan Green reports acquiring 423 shares of eBay common stock in lieu of cash retainer fees and disposing of the same amount on August 1, 2024.

Summary

• On August 1, 2024, Logan Green, a director of eBay Inc., acquired 423 shares of common stock.
• These shares were received in lieu of cash retainer fees for service on the Issuer's Board of Directors and any committees thereof.
• The number of shares was calculated by dividing the amount of fees by eBay's closing stock price on the payment date, rounded up to the nearest whole share.
• Following the transaction, Green's beneficially owned securities remained at 43,480 shares.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices and alignment of interests with shareholders.

Positives

• The acquisition of shares in lieu of cash compensation aligns the director's interests with those of shareholders.

Industry Context

Directors often receive stock as part of their compensation, aligning their interests with shareholders. This is a common practice in publicly traded companies.

Comparison to Industry Standards

• Director compensation packages vary across companies and industries.
• Stock grants and options are frequently used to incentivize board members, similar to practices at companies like Amazon, Alphabet, and Microsoft.
• The specific amount and structure depend on factors such as company size, performance, and industry norms.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with company performance.

Key Dates