CTO Mazen Rawashdeh (NASDAQ: EBAY) receives 33,992 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rawashdeh Mazen reported acquisition or exercise transactions in this Form 4 filing.
EBay Inc. reported that its SVP and Chief Technology Officer, Mazen Rawashdeh, received a grant of 33,992 restricted stock units (RSUs) on April 1, 2026. Each RSU is a contingent right to receive one share of eBay common stock as it vests.
According to the award terms, 1/16 of the RSUs will vest on June 15, 2026, with an additional 1/16 vesting each quarter thereafter. Following this grant, Rawashdeh directly holds 33,992 RSUs, aligning his compensation more closely with the company’s future stock performance rather than representing an open‑market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rawashdeh Mazen
Role
SVP, Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units -5 | 33,992 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units -5 — 33,992 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The reporting person received restricted stock units, 1/16th of which vests on 6/15/26, 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. Not Applicable.
Key Figures
RSU grant size: 33,992 restricted stock units
Vesting start tranche: 1/16 of RSUs
Post-grant RSU holdings: 33,992 RSUs
+1 more
4 metrics
RSU grant size
33,992 restricted stock units
Award to SVP, Chief Technology Officer on April 1, 2026
Vesting start tranche
1/16 of RSUs
First vesting on June 15, 2026
Post-grant RSU holdings
33,992 RSUs
Total restricted stock units held directly after grant
RSU exercise price
$0.00 per unit
No cash exercise price; equity compensation award
Key Terms
restricted stock units, contingent right, grant, award, or other acquisition, vesting
4 terms
restricted stock units financial
"The reporting person received restricted stock units, 1/16th of which vests on 6/15/26"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
vesting financial
"1/16th of which vests on 6/15/26, and an additional 1/16th of which vests each quarter thereafter"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did eBay (EBAY) disclose about Mazen Rawashdeh in this Form 4?
eBay disclosed that SVP and Chief Technology Officer Mazen Rawashdeh received 33,992 restricted stock units as an equity award. These RSUs convert into eBay common shares over time as they vest, tying a portion of his compensation to future company performance.
How many restricted stock units did eBay (EBAY) grant to its CTO?
Mazen Rawashdeh received a grant of 33,992 restricted stock units. Each RSU represents a contingent right to one share of eBay common stock, which he will receive only as the units vest according to the specified quarterly schedule over time.
What is the vesting schedule for Mazen Rawashdeh’s eBay (EBAY) RSUs?
One sixteenth of the 33,992 restricted stock units will vest on June 15, 2026, with an additional one sixteenth vesting each quarter thereafter. As each portion vests, Rawashdeh becomes entitled to receive an equivalent number of eBay common shares.
Does this eBay (EBAY) Form 4 show an open-market stock purchase or sale?
No, the Form 4 reports a grant of restricted stock units, not an open-market stock purchase or sale. The RSUs are a compensation award that convert into eBay common shares over time as they vest, rather than a transaction executed in the market.
How many eBay (EBAY) RSUs does Mazen Rawashdeh hold after this grant?
Following this equity award, Mazen Rawashdeh is reported to directly hold 33,992 restricted stock units. These units are derivative securities that will deliver eBay common shares only as they vest under the quarterly schedule outlined in the award’s footnotes.