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    eBay Inc. filed SEC Form 8-K: Leadership Update, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits

    6/30/25 4:05:23 PM ET
    $EBAY
    Real Estate
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    8-K 1 e25248_ebay-8k.htm

     

     

    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): June 25, 2025

    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:

     

    oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

    oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

    oPre-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 o

     

    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. o

     

     
       

    Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

     

    As further described in Item 5.07 of this Current Report on Form 8-K (this “Report”), at the 2025 Annual Meeting of Stockholders of eBay Inc. (the “Company”) held on June 25, 2025 (the “2025 Annual Meeting”), the Company’s stockholders, upon recommendation of the Company’s Board of Directors (the “Board of Directors”), approved the amendment and restatement of the eBay Inc. Equity Incentive Award Plan (the “Plan”), including to increase the aggregate number of shares of common stock of the Company reserved for issuance under the Plan by an additional 20,000,000 shares.

     

    A description of the Plan, as amended and restated, is set forth in the Company’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on April 30, 2025 (the “Proxy Statement”) in the section entitled “Proposal 4: Approval of the Amendment and Restatement of our Equity Incentive Plan,” which description is incorporated herein by reference. The description is qualified in its entirety by reference to the full text of the Plan, as amended and restated, a copy of which is filed as Exhibit 10.1 to this Report and incorporated herein by reference.

     

    Item 5.07. Submission of Matters to a Vote of Security Holders.

     

    At the 2025 Annual Meeting, the Company’s stockholders voted on the following six proposals:

     

    1.The election of 11 director nominees named in the Proxy Statement, each to serve as a member of the Board of Directors until the Company’s 2026 Annual Meeting of Stockholders (Proposal 1);

     

    2.The ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent auditors for the Company’s fiscal year ending December 31, 2025 (Proposal 2);

     

    3.The approval, on an advisory basis, of the compensation of the Company’s named executive officers (Proposal 3);

     

    4.The approval of the amendment and restatement of the Plan (Proposal 4);

     

    5.The stockholder proposal regarding the Company’s special stockholder meeting threshold (Proposal 5); and

     

    6.The stockholder proposal regarding the Company’s director election resignation governance policy (Proposal 6).

     

    The following is a summary of the matters voted on at the meeting.

     

    1.Proposal 1 – Election of Directors. Each of the 11 director nominees named in the Proxy Statement was elected to serve until the Company’s 2026 Annual Meeting of Stockholders. The voting results were as follows:

     

    Director Name   Votes For   Votes Against   Abstentions  

    Broker

    Non-Votes

    Adriane M. Brown   358,981,781   23,109,834   250,078   38,712,920
    Aparna Chennapragada   381,707,204   386,458   248,031   38,712,920
    Logan D. Green   374,853,249   7,240,102   248,342   38,712,920
    E. Carol Hayles   371,631,620   10,465,378   244,695   38,712,920
    Jamie Iannone   381,148,906   953,897   238,890   38,712,920
    Shripriya Mahesh   381,664,917   413,627   263,149   38,712,920
    William D. Nash   380,133,681   1,957,419   250,593   38,712,920
    Paul S. Pressler   373,274,105   8,818,386   249,202   38,712,920
    Zane Rowe   380,917,659   968,803   455,231   38,712,920
    Mohak Shroff   381,121,040   966,206   254,447   38,712,920
    Perry M. Traquina   379,519,962   2,563,232   258,499   38,712,920
     
     

    2.Proposal 2 – Ratification of Appointment of Independent Auditors. The Company’s stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent auditors for the Company’s fiscal year ending December 31, 2025. The voting results were as follows:

     

    Votes For   Votes Against   Abstentions   Broker Non-Votes
    362,464,853   58,313,212   276,548   N/A

     

    3.Proposal 3 – Advisory Vote to Approve Named Executive Officer Compensation. The Company’s stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers. The voting results were as follows:

     

    Votes For   Votes Against   Abstentions   Broker Non-Votes
    331,814,746   49,572,811   954,136   38,712,920

     

    4.Proposal 4 – Approval of the Amendment and Restatement of the eBay Equity Incentive Award Plan. The Company’s stockholders approved the amendment and restatement of the eBay Inc. Equity Incentive Award Plan. The voting results were as follows:

     

    Votes For   Votes Against   Abstentions   Broker Non-Votes
    208,616,937   173,387,036   337,720   38,712,920

     

    5.Proposal 5 – Stockholder Proposal Regarding the Company’s Special Stockholder Meeting Threshold. The Company’s stockholders did not approve the stockholder proposal regarding the ownership requirement for stockholders to call a special meeting. The voting results were as follows:

     

    Votes For   Votes Against   Abstentions   Broker Non-Votes
    187,218,891   194,524,451   598,351   38,712,920

     

    6.Proposal 6 – Stockholder Proposal Regarding the Company’s Director Election Resignation Governance Policy. The Company’s stockholders did not approve the stockholder proposal regarding the Company’s director election resignation governance policy. The voting results were as follows:

     

    Votes For   Votes Against   Abstentions   Broker Non-Votes
    65,834,171   315,979,380   710,142   38,712,920

     

    Item 9.01. Financial Statements and Exhibits.

     

    (d) Exhibits.

     

    The following materials are attached as exhibits to this Current Report on Form 8-K:

     

    Exhibit

    No.

      Description
    10.1   eBay Inc. Equity Incentive Award Plan, as amended and restated
    104   Cover Page Interactive Data File (embedded within the Inline XBRL document)
         
     
     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

      eBay Inc.
      (Registrant)
         
    Date: June 30, 2025 /s/ Samantha Wellington
      Name: Samantha Wellington
      Title: Senior Vice President, Chief Legal Officer and Secretary
         
     

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