eBay (NASDAQ: EBAY) CLO awarded 24,124 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WELLINGTON SAMANTHA reported acquisition or exercise transactions in this Form 4 filing.
EBAY INC reported that SVP and Chief Legal Officer Samantha Wellington received a grant of restricted stock units on April 1, 2026. The award covers 24,124 restricted stock units, each representing a contingent right to receive one share of eBay common stock.
According to the vesting schedule, 1/16 of the units vests on June 15, 2026, with an additional 1/16 vesting each quarter thereafter. Upon each vesting date, Wellington will receive the same number of shares of common stock as the units that have vested. This is a compensation-related equity grant, not an open‑market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WELLINGTON SAMANTHA
Role
SVP, Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units -4 | 24,124 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units -4 — 24,124 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
RSUs granted: 24,124 units
Underlying common shares: 24,124 shares
Vesting start date: June 15, 2026
+2 more
5 metrics
RSUs granted
24,124 units
Restricted stock unit grant to SVP, Chief Legal Officer on April 1, 2026
Underlying common shares
24,124 shares
Each RSU represents one share of EBAY common stock
Vesting start date
June 15, 2026
1/16 of the RSUs vests on this date
Quarterly vesting fraction
1/16 per quarter
Additional 1/16 of RSUs vests each quarter after June 15, 2026
Exercise/conversion price
$0.00 per unit
Compensation grant, not purchased in the market
Key Terms
Restricted Stock Units, contingent right, vests, grant, award, or other acquisition
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock."
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
"represents a contingent right to receive one share of the Issuer's common stock."
vests financial
"1/16th of which vests on 6/15/26, and an additional 1/16th of which vests each quarter thereafter."
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did EBAY SVP Samantha Wellington report?
Samantha Wellington reported receiving a grant of 24,124 restricted stock units as compensation. Each unit represents a contingent right to receive one share of EBAY common stock, with shares delivered only as the units vest over time.
How many EBAY restricted stock units did Samantha Wellington receive?
She received 24,124 restricted stock units tied to EBAY common stock. These units are derivative awards with a stated price of $0.00 per unit, reflecting that they are compensation grants rather than purchased shares in the open market.
When do Samantha Wellington’s EBAY restricted stock units start vesting?
The restricted stock units begin vesting on June 15, 2026. On that date, 1/16 of the grant vests, and an additional 1/16 vests each following quarter, spreading the vesting schedule evenly over multiple future vesting dates.
What does each EBAY restricted stock unit granted to Samantha Wellington represent?
Each restricted stock unit represents a contingent right to receive one share of EBAY common stock. The shares are only delivered if and when the units vest, aligning compensation with continued service and the underlying stock’s performance.
How many EBAY restricted stock units does Samantha Wellington hold after this grant?
After this grant, she holds 24,124 restricted stock units directly. These units correspond to a potential 24,124 shares of EBAY common stock that will be delivered over time as the units vest according to the set quarterly schedule.