StubHub (STUB) CEO Form 4: 4,339,090 and 1,774,107 shares

StubHub Holdings, Inc. (STUB) insider Eric H. Baker reported transactions on 11/03/2025 via Form 4.

Rhea-AI Filing Summary

StubHub Holdings, Inc. (STUB) insider Eric H. Baker reported transactions on 11/03/2025 via Form 4. Two entries show code J for Class A Common Stock: 4,339,090 shares and 1,774,107 shares, each at $0, labeled as a pro rata distribution to members for no consideration and not a market sale.

Following these transactions, Baker reports beneficial ownership of 12,413,951 Class A shares directly and 34,370 shares indirectly held by the Eric H. Baker Family Foundation. He is listed as Director, 10% Owner, and Officer (Founder, Chairman and Chief Executive Officer).

Insights

Securities law analyst

Administrative insider move; non-cash distributions, no market sale.

The Form 4 lists two code J transactions on 11/03/2025 for 4,339,090 and 1,774,107 shares at $0. The footnote clarifies these were pro rata distributions to members, not open-market sales, indicating no sale proceeds and no price discovery impact from these lines.

Post-transaction ownership shows 12,413,951 Class A shares directly and 34,370 indirectly via a foundation. The filing also notes Baker’s roles (Director, 10% Owner, Officer). Actual trading activity in the market is not indicated by these distributions.

Insider Trade Summary

Other: 6,113,197 shares

Other 4 txns

Insider Baker Eric Howard

Role See Remarks

Type	Security	Shares	Price	Value
Other	Class A Common Stock	4,339,090	$0.00	$0.00
Other	Class A Common Stock	1,774,107	$0.00	$0.00
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 0 shares (Indirect, Held by Monkey Ventures Series A, LLC); Class A Common Stock — 0 shares (Indirect, Held by Monkey Ventures Series C, LLC); Class A Common Stock — 12,413,951 shares (Direct); Class A Common Stock — 34,370 shares (Indirect, Held by the Eric H. Baker Family Foundation)

Footnotes (2)

1. F1. Represents a pro rata distribution to its members for no consideration. Not a market sale.
2. F2. Reflects shares acquired in a transaction exempt from reporting pursuant to Rule 16a-9 and Rule 16a-13.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did StubHub (STUB) disclose in this Form 4?

Eric H. Baker reported two code J transactions on 11/03/2025 involving Class A Common Stock.

How many STUB shares were involved in the reported transactions?

The entries show 4,339,090 shares and 1,774,107 shares, each at $0.

Were these market sales of StubHub shares?

No. The filing states they were a pro rata distribution to members for no consideration and not a market sale.

What is Eric H. Baker’s beneficial ownership after the transactions?

He reports 12,413,951 Class A shares directly and 34,370 shares indirectly via the Eric H. Baker Family Foundation.

What roles does Eric H. Baker hold at StubHub (STUB)?

He is listed as Director, 10% Owner, and Officer (Founder, Chairman and Chief Executive Officer).

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 11/04/2025 - 05:16 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Baker Eric Howard

(Last) (First) (Middle)

C/O STUBHUB HOLDINGS, INC.

175 GREENWICH STREET, 59TH FLOOR

(Street)

NEW YORK NY 10007

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
StubHub Holdings, Inc. [ STUB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
11/03/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	11/03/2025		J(1)		4,339,090	D	$0	0	I	Held by Monkey Ventures Series A, LLC
Class A Common Stock	11/03/2025		J(1)		1,774,107	D	$0	0	I	Held by Monkey Ventures Series C, LLC
Class A Common Stock								12,413,951(2)	D
Class A Common Stock								34,370	I	Held by the Eric H. Baker Family Foundation

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a pro rata distribution to its members for no consideration. Not a market sale.

2. Reflects shares acquired in a transaction exempt from reporting pursuant to Rule 16a-9 and Rule 16a-13.

Remarks:

Founder, Chairman and Chief Executive Officer

	/s/ Elizabeth Lynch, as Attorney-in-Fact for Eric H. Baker	11/04/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.