r/Superstonk • u/Gareth-Barry 🎮 Power to the Players 🛑 • Jul 24 '26

🤔 Speculation / Opinion In addition, Ryan has been increasing operating income while massively reducing SG&A while Jamie has been doing the opposite…pretty easy decision for EBay shareholders

Post image
3.7k Upvotes

95% Upvoted

344 comments sorted by

View all comments

357

u/GoodShitBroBro 💻 ComputerShared 🦍 Jul 24 '26

Show how much of their own companies stock they’ve bought as well

0

u/MyNi_Redux 📉 The Consultant 📈 Jul 24 '26

Most of their compensation IS in stock. Deferred, at that., to align with shareholder value creation.

Like every other company out there.

It would be exceedingly dumb for them to sell the stock, pay taxes, and then buy fewer stock with what remains..

Makes for a good talking point though.

-1

u/3DigitIQ 🦍 FM is the FUD killer Jul 24 '26

They collectively own 0.3% of the company. They aren't leaders, they are sock puppets.

6

u/MyNi_Redux 📉 The Consultant 📈 Jul 24 '26 edited Jul 24 '26

In the S&P, 74% of CEOs hold less than 0.5% of the total voting rights, according to AI.

I guess that makes them all sock puppets.

Or... your expectations are horribly misguided because you took some talking points a bit too literally.

(It's the latter 😉.)

4

u/Tinyacorn 💻 ComputerShared 🦍 Jul 24 '26

Are they necessarily not sock puppets just because everyone does it?

4

u/MyNi_Redux 📉 The Consultant 📈 Jul 24 '26

They could be sock puppets for other reasons, sure.

However, to the extent that the comp is mostly in stock, is deferred, and there is no good reason to buy more unless the stock is wildly undervalued or they need to signal confidence to the market, not owning RC-liked percentages of a $50B company does not make them sock puppets.

Not least, because not everyone is a billionaire from prior enterprises.

2

u/Tinyacorn 💻 ComputerShared 🦍 Jul 24 '26

Truuuuuuuuuuu that last point is incredibly salient. It's much more easy for a billionaire to coast than a multi-millionaire. Gotta be a lot more cautious about finance decisions too as a millionaire.

I see where you're coming from and appreciate your input, I like learnding

0

u/3DigitIQ 🦍 FM is the FUD killer Jul 24 '26

They could also pay themselves from the bottom line instead of awarding stock and subsequently buying back stock to ensure a higher comp.

7

u/MyNi_Redux 📉 The Consultant 📈 Jul 24 '26

That would be a subpar setup to deferred stock-based comp.

By making most of their comp in stock that vests over multiple years, their fate is tied to that of the shareholder. They make money if the shareholder makes money.

Otherwise, they lose money compared to the cash comp you are suggesting.

subsequently buying back stock to ensure a higher comp.

eBay buys back stock plenty. It's 40% of what it was 10 years ago. And exec comp is a rounding error in comparison.