Form 4: EBay SVP Stephen Priest Reports Stock Transactions
SEC Form 4 Filing
Stephen Priest, SVP and CFO of eBay, reports the acquisition and disposal of eBay common stock and restricted stock units.
Summary
- On October 15, 2024, Stephen Priest, the SVP and CFO of eBay, acquired 2,525 shares of common stock through the vesting of restricted stock units.
- On the same day, Priest disposed of 1,358 shares of common stock to cover tax obligations at a price of $69.99.
- On October 16, 2024, Priest sold 1,167 shares of common stock at a price of $66.63.
- Following these transactions, Priest directly owns 65,079 shares of eBay common stock.
- Priest also owns 7,576 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel at eBay.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect insider trading activity, which is closely monitored by investors.
Key Dates
| Date | Description |
|---|---|
| 07/15/22 | Initial vesting date of 25% of restricted stock units. |
| June 12, 2024 | Date of adoption of Rule 10b-5 trading plan. |
| 10/15/2024 | Acquisition of 2,525 shares via restricted stock unit vesting and disposal of 1,358 shares for tax obligations. |
| 10/16/2024 | Sale of 1,167 shares of common stock. |
| 10/17/2024 | Date of signature on the Form 4 filing. |
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