Form 4: eBay SVP, Chief People Officer, Cornelius Boone, Sells Shares
SEC Form 4
Cornelius Boone, SVP, Chief People Officer of eBay, sold 3,985 shares of common stock on June 18, 2024, at a price of $52.85 per share.
Summary
- On June 18, 2024, Cornelius Boone, the SVP, Chief People Officer of eBay Inc., sold 3,985 shares of eBay's common stock.
- The sale was executed at a price of $52.85 per share.
- Following the transaction, Boone directly owns 68,765 shares of eBay common stock.
- The sale was conducted under a Rule 10b5-1 trading plan adopted on March 15, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing for an insider stock sale, which is neither particularly positive nor negative.
Industry Context
This is a routine disclosure of an insider stock sale. It is common for executives to have pre-arranged trading plans (Rule 10b5-1) to sell shares over time.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of adoption of Rule 10b5-1 trading plan |
| 06/18/2024 | Date of stock sale transaction |
| 06/20/2024 | Date of signature on the Form 4 filing |
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