Rebecca Spencer, Vice President and Chief Accounting Officer at eBay, has filed 80 Form 4 transactions, all in EBAY stock. Her pattern is one-sided: zero open-market purchases and roughly $1.1 million in open-market sales. The two most recent sales occurred on August 10, 2026, totaling $559,431.20. That includes a $490,024.96 sale and a smaller $69,406.24 sale on the same day.
The rest of her recent activity is mechanical. On September 15, 2026, Spencer had seven transactions coded F, where shares were withheld to cover tax obligations, totaling $147,138.86. Those were paired with seven option exercises coded M, each valued at $0. The same pattern appeared on June 15, 2026, with seven F transactions worth $92,455.46 and two M exercises at $0. None of these represent a discretionary buy or sell.
Spencer has never reported a purchase in her filing history. Her only discretionary trades are sales, concentrated in the August 10 transaction. The F and M codes are standard compensation-related events tied to vesting schedules, not directional bets. The data shows a consistent seller bias, with the largest single disposition occurring in the most recent sales cluster.
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