eBay Inc. Announces Board and Executive Compensation Changes

Ticker: EBAY · Form: 8-K · Filed: 2024-09-19T00:00:00.000Z

Sentiment: neutral

Topics: governance, executive-compensation, board-changes

Related Tickers: EBAY

TL;DR

eBay shakes up its board and executive pay structure effective Sept 18.

AI Summary

eBay Inc. announced on September 18, 2024, changes related to its board of directors and executive compensation. The filing details the departure of a director, the election of a new director, and updates to compensatory arrangements for certain officers. These changes are effective as of September 18, 2024.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — The filing primarily concerns routine corporate governance and executive compensation matters, with no immediate financial implications disclosed.

Key Players & Entities

FAQ

Who has departed from eBay Inc.'s board of directors?

The filing indicates the departure of a director, but the specific name is not provided in the excerpt.

Has eBay Inc. elected any new directors?

Yes, the filing states that a new director has been elected to the board.

What other items are covered in this 8-K filing?

The filing also covers amendments to articles of incorporation or bylaws, changes in fiscal year, Regulation FD disclosures, and financial statements/exhibits.

What is the principal executive office address for eBay Inc.?

The principal executive offices are located at 2025 Hamilton Avenue, San Jose, California 95125.

What is the fiscal year end for eBay Inc.?

The fiscal year end for eBay Inc. is December 31.

From the Filing

0001552781-24-000532.txt : 20240919 0001552781-24-000532.hdr.sgml : 20240919 20240919160616 ACCESSION NUMBER: 0001552781-24-000532 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240918 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240919 DATE AS OF CHANGE: 20240919 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EBAY INC CENTRAL INDEX KEY: 0001065088 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 770430924 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-37713 FILM NUMBER: 241310480 BUSINESS ADDRESS: STREET 1: 2025 HAMILTON AVENUE CITY: SAN JOSE STATE: CA ZIP: 95125 BUSINESS PHONE: 408-376-7400 MAIL ADDRESS: STREET 1: 2025 HAMILTON AVENUE CITY: SAN JOSE STATE: CA ZIP: 95125 8-K 1 e24392_ebay-8k.htm eBay 8-K false --12-31 0001065088 0001065088 2024-09-18 2024-09-18 iso4217:USD xbrli:shares iso4217:USD xbrli:shares     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM  8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): September 18, 2024     eBay Inc. (Exact name of registrant as specified in its charter)   Delaware 001-37713 77-0430924 (State or other jurisdiction (Commission File Number) (I.R.S. Employer of incorporation)   Identification No.)   2025 Hamilton Avenue San Jose , California 95125 (Address of principal executive offices)   (408)   376-7108 (Registrant’s telephone number, including area code)   Not Applicable. (Former name or former address, if changed since last report.)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading symbol(s) Name of exchange on which registered Common stock EBAY The Nasdaq Global Select Market     Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company ☐   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐         Item 5.02.   Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.   On and effective as of September 18, 2024, the Board of Directors (the “Board”) of eBay Inc. (the “Company”) increased its size from 10 to 11 members and appointed William D. Nash as a member of

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