Form 4: Perry M. Traquina Reports Acquisition of eBay Common Stock in Lieu of Cash Retainer Fees

Director Perry M. Traquina acquired 603 shares of eBay common stock on May 1, 2024, in lieu of cash retainer fees for board service.

Summary

• On May 1, 2024, Perry M. Traquina, a director of eBay Inc., acquired 603 shares of eBay common stock.
• The acquisition was made in lieu of cash retainer fees payable for service on eBay's Board of Directors and any committees.
• The number of shares was calculated by dividing the amount of fees by eBay's closing stock price on the date the fees would have been paid, rounded up to the nearest whole share.
• Following the transaction, Traquina directly owns 71,827 shares of eBay common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. A director taking shares instead of cash indicates confidence in the company's future.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.

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.

Related Party Transactions

• The acquisition of stock in lieu of cash retainer fees is a related party transaction.

Stakeholder Impact

• The transaction aligns the director's interests with those of the shareholders.

Key Dates