Form 4: StubHub CEO's Tax-Related Stock Disposition

StubHub Holdings CEO Eric H. Baker reported a disposition of 719,817 Class A Common Stock shares, withheld by the company to cover tax obligations, not a market sale.

Summary

• Eric H. Baker, the Founder, Chief Executive Officer, Director, and 10% Owner of StubHub Holdings, Inc. (STUB), reported a transaction on September 16, 2025.
• The transaction involved the disposition of 719,817 shares of Class A Common Stock.
• These shares were withheld by StubHub Holdings, Inc. to satisfy Mr. Baker's tax withholding obligations and do not represent a market sale.
• The shares were valued at $23.5 per share for the purpose of tax withholding.
• Following this transaction, Mr. Baker directly beneficially owns 12,275,258 shares of Class A Common Stock.
• Additionally, Mr. Baker indirectly beneficially owns 6,147,567 shares through the Eric H. Baker Family Foundation (34,370 shares), Monkey Ventures Series A, LLC (4,339,090 shares), and Monkey Ventures Series C, LLC (1,774,107 shares).

Sentiment

Score: 5

Explanation: The transaction represents a routine administrative event for tax withholding purposes, not a discretionary market sale, and therefore has a neutral impact on company sentiment.

Future Outlook

No forward-looking statements or guidance were provided in this insider transaction report.

Management Comments

• Shares were withheld by the Company to satisfy the reporting person's tax withholding obligations, and this was not a market sale.

Industry Context

This Form 4 filing details a routine insider transaction for tax withholding purposes and does not provide information related to broader industry trends or competitive landscape.

Related Party Transactions

• Indirect beneficial ownership is held through related entities: the Eric H. Baker Family Foundation, Monkey Ventures Series A, LLC, and Monkey Ventures Series C, LLC.

Stakeholder Impact

• Minimal impact on shareholders as the transaction is a non-discretionary tax withholding, not a market sale, and does not indicate a change in management's confidence or company fundamentals.

Key Dates

Recommendation

The reported transaction is a routine disposition of shares to cover tax withholding obligations for the CEO and does not reflect a discretionary sale or change in the company's fundamental outlook. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

StubHub, STUB, Eric Baker, CEO, Insider Transaction, Form 4, Beneficial Ownership, Tax Withholding, Equity Compensation