GameStop lifts its eBay exposure to about 6.55% through put and call pairs

GameStop's first amendment to its Schedule 13D on eBay, signed May 19, 2026, showed 25,000 eBay shares held directly and put/call pairs covering 29,078,699 shares, about 6.55% of eBay's outstanding stock. This amendment added 6,902,699 shares to the pairs. The strikes run from about $84.74 to $114.96, and the pairs could only be cash-settled until the HSR condition was met.

• Put/call pairs with The Toronto-Dominion Bank cover 29,078,699 eBay shares, about 6.55% of the class
• Direct holding: 25,000 eBay shares
• This amendment added 6,902,699 shares to the pairs
• Percentages use 444 million eBay shares outstanding as of April 24, 2026