Cornelius Boone, SVP and Chief People Officer of eBay Inc., filed a Form 4 on November 13, 2026, disclosing the exercise of 31,000 non-qualified stock options and the same-day sale of 31,000 shares of common stock on November 11, 2026.

Key Highlights

  • Option exercise: Boone exercised 31,000 non-qualified stock options (transaction code M) at a conversion price of $44.37 per share on November 11, 2026, acquiring 31,000 shares at $0 cost.
  • Same-day sale: Boone disposed of 31,000 shares of common stock (transaction code S) at $123.37 per share on November 11, 2026.
  • Remaining direct holdings: Following the transactions, Boone directly held 74,702 shares of common stock.
  • Derivative position: Boone retained 121,481 derivative securities (non-qualified stock options) beneficially owned directly after the reported transaction.
  • Option expiration: The exercised options carry an expiration date of April 1, 2033.
  • Vesting history: According to the filing, 25,414 options vested on March 15, 2024; 76,241 vested on March 15, 2025; and the remaining 50,826 vested on March 15, 2026, each as a result of time and performance-based vesting.

Details of Boone's November 11, 2026 Option Exercise and Share Sale at eBay

According to the Form 4 filed with the SEC on November 13, 2026, Cornelius Boone, serving as SVP and Chief People Officer at eBay Inc. (NASDAQ:EBAY), reported two non-derivative transactions and one derivative transaction, all dated November 11, 2026. The filing identifies Boone as an officer of the issuer.

The filing discloses that Boone exercised 31,000 non-qualified stock options at a conversion or exercise price of $44.37, acquiring 31,000 shares of common stock at $0 price under transaction code M. Immediately following that acquisition, Boone's direct beneficial ownership in common stock stood at 105,702 shares. Boone then sold all 31,000 of those acquired shares at $123.37 per share under transaction code S, reducing direct common stock holdings to 74,702 shares, as reported in the filing.

In Table II, the filing reports that the 31,000 options exercised were part of a non-qualified stock option award with an expiration date of April 1, 2033. The filing's explanation of responses states that the options vested in three tranches: 25,414 on March 15, 2024; 76,241 on March 15, 2025; and the remaining 50,826 on March 15, 2026, each due to time and performance-based vesting conditions. After the exercise, the filing shows 121,481 derivative securities remain directly beneficially owned by Boone. The form was signed by Greg Kerber on behalf of Cornelius Boone on November 13, 2026.

What Was Disclosed

The filing reports the November 11, 2026 exercise of 31,000 non-qualified stock options at $44.37 and the same-day sale of 31,000 eBay common shares at $123.37, leaving Boone with 74,702 directly held shares and 121,481 remaining derivative securities.