Boone Cornelius 4

4 · EBAY INC · Filed Mar 17, 2026

AI-generated summary of this filing

Updated Mar 17, 2026

EBAY SVP Boone Cornelius Receives 77,779-Share Award

What Happened

Boone Cornelius, Senior Vice President and Chief People Officer of eBay (EBAY), had multiple restricted stock units (RSUs) convert/vest on 2026-03-15. Reported conversions/acquisitions on that date total 84,961 shares (2,777 + 2,206 + 2,199 + 77,779).
To satisfy tax withholding and related obligations, Cornelius delivered/disposed 31,618 shares in total (1,032; 835; 849; and 28,902) at $91.34 per share. The large withholding of 28,902 shares generated $2,639,909; the smaller deliveries generated $94,263, $76,269, and $77,548 respectively — total proceeds from those dispositions = $2,887,989.
Net shares retained from these reported actions (acquisitions minus withholding dispositions) are approximately 53,343 shares (84,961 acquired − 31,618 delivered). The filing shows conversions/awards at $0 (typical for vested RSUs).

Key Details

Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (appears timely under Section 16 reporting rules).
Prices: RSU conversions/awards reported at $0.00 (acquisition by vesting); tax-withholding disposals at $91.34/share.
Shares acquired (via conversion/award): 84,961 total (includes a 77,779-share award that vested 3/15/26 per footnote F6).
Shares delivered/ disposed for tax/withholding: 31,618 total (including 28,902 shares for $2,639,909).
Footnotes: F6 confirms the 77,779 RSUs vested 100% on 3/15/26 due to achievement of performance criteria. Other footnotes (F1–F5) describe typical RSU vesting schedules for earlier grants.
Filing timeliness: Reported period 3/15/26; filing dated 3/17/26 — not marked late in the provided data.

Context

These transactions represent RSU vesting and share withholding to cover taxes (transaction codes: M = exercise/conversion of derivative; A = award/grant; F = payment of tax liability). This is a routine "net share settlement"/sell-to-cover pattern and does not necessarily indicate a discretionary open-market sale or change in investment view.
The largest item ($2.64M from 28,902 shares) was a tax-related delivery, not an optional cash sale for investment. For exact post-transaction ownership, consult the official Form 4 filing — the summary above is based on the reported acquisitions and dispositions.

Form 4

Period: 2026-03-15

SVP, Chief People Officer

Transactions

Exercise/Conversion
Common Stock
2026-03-15+2,777→ 60,598 total
Exercise/Conversion
Common Stock
2026-03-15+2,206→ 62,804 total
Exercise/Conversion
Common Stock
2026-03-15+2,199→ 65,003 total
Exercise/Conversion
Common Stock
2026-03-15+77,779→ 142,782 total
Tax Payment
Common Stock
2026-03-15$91.34/sh−1,032$94,263→ 141,750 total
Tax Payment
Common Stock
2026-03-15$91.34/sh−835$76,269→ 140,915 total
Tax Payment
Common Stock
2026-03-15$91.34/sh−849$77,548→ 140,066 total
Tax Payment
Common Stock
2026-03-15$91.34/sh−28,902$2,639,909→ 111,164 total
Exercise/Conversion
Restricted Stock Units -5
[F1][F2][F3]
2026-03-15−2,777→ 11,112 total
→ Common Stock (2,777 underlying)
Exercise/Conversion
Restricted Stock Units -6
[F1][F4][F3]
2026-03-15−2,206→ 17,647 total
→ Common Stock (2,206 underlying)
Exercise/Conversion
Restricted Stock Units -8
[F1][F5][F3]
2026-03-15−2,199→ 26,396 total
→ Common Stock (2,199 underlying)
Award
Restricted Stock Units -9
[F1][F6][F3]
2026-03-15+77,779→ 77,779 total
→ Common Stock (77,779 underlying)
Exercise/Conversion
Restricted Stock Units -9
[F1][F6][F3]
2026-03-15−77,779→ 0 total
→ Common Stock (77,779 underlying)

Footnotes (6)

[F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
[F2]The reporting person received restricted stock units, 1/16th of which vests on 6/15/23, and an additional 1/16th of which vests each quarter thereafter. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
[F3]Not Applicable.
[F4]The reporting person received restricted stock units, 1/16th of which vests on 6/15/24, and an additional 1/16th of which vests each quarter thereafter. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
[F5]The reporting person received restricted stock units, 1/16th of which vests on 6/15/25, and an additional 1/16th of which vests each quarter thereafter. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
[F6]The reporting person was granted 77,779 restricted stock units as a result of the company's achievement of certain performance criteria during the period from 1/1/23 to 3/15/26, with 100% of the shares vesting on 3/15/26. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.

Signature

By: Greg Kerber For: Cornelius Boone|2026-03-17

1 file