Form 4: EBay SVP, Chief People Officer Cornelius Boone Sells Shares
SEC Form 4 Filing
Cornelius Boone, SVP, Chief People Officer of eBay Inc., sold 3,958 shares of common stock on March 18, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On March 18, 2025, Cornelius Boone, the SVP, Chief People Officer of eBay Inc., sold 3,958 shares of eBay's common stock.
- The sale was executed at a weighted average price of $67.06 per share, with individual prices ranging from $66.46 to $67.33.
- The transaction was conducted under a Rule 10b5-1 trading plan adopted on March 15, 2024.
- Following the transaction, Boone directly owns 94,392 shares of eBay common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider stock sale under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine disclosure of an insider stock sale. It's common for executives to have pre-arranged trading plans (Rule 10b5-1) to avoid accusations of trading on inside information. The sale itself doesn't necessarily indicate a negative outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date the Rule 10b5-1 trading plan was adopted by Cornelius Boone. |
| 03/18/2025 | Date of the stock sale transaction. |
| 03/20/2025 | Date of the signature on the Form 4 filing. |
Keywords
eBay, Cornelius Boone, stock sale, Form 4, Rule 10b5-1, insider trading
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