Was the 122,442-share disposition by Eric H. Baker a market sale of StubHub stock?

No, the 122,442-share disposition was not a market sale. The filing states these shares were withheld by StubHub Holdings to satisfy Baker’s tax withholding obligations, characterizing the event as a tax-withholding disposition rather than an open-market transaction.

Tax withholding adjusts StubHub (NYSE: STUB) insider Eric Baker’s stake

Filing Impact

(Very High)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

StubHub Holdings director and officer Eric H. Baker reported a tax-related share withholding on Class A Common Stock. The company withheld 122,442 shares at $9.80 per share to cover his tax obligations, which the filing notes is not a market sale.

Following this disposition, Baker directly holds 11,956,246 Class A shares. He also has indirect holdings of 55,048 shares held by family trusts and 34,370 shares held by the Eric H. Baker Family Foundation, reflecting additional ownership through affiliated entities.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Baker Eric Howard

Role See Remarks

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	122,442	$9.80	$1.20M
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 11,956,246 shares (Direct, null); Class A Common Stock — 34,370 shares (Indirect, Held by the Eric H. Baker Family Foundation)

Footnotes (1)

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Key Figures

Tax-withheld shares: 122,442 shares Withholding price: $9.80 per share Direct holdings after transaction: 11,956,246 shares +2 more

5 metrics

Tax-withheld shares 122,442 shares Class A Common Stock withheld to satisfy tax obligations

Withholding price $9.80 per share Value used for the 122,442-share tax-withholding disposition

Direct holdings after transaction 11,956,246 shares Direct StubHub Class A shares held by Eric H. Baker after withholding

Family trust holdings 55,048 shares Indirect holdings listed as held by family trusts

Family foundation holdings 34,370 shares Indirect holdings listed as held by the Eric H. Baker Family Foundation

Key Terms

tax withholding obligations, Class A Common Stock, non-derivative, indirect ownership, +1 more

5 terms

tax withholding obligations financial

"shares were withheld by the Company to satisfy the reporting person's tax withholding obligations"

Class A Common Stock financial

"security_title": "Class A Common Stock""

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

non-derivative financial

"transaction_type": "non-derivative""

indirect ownership financial

"direct_or_indirect": "I", "nature_of_ownership": "Held by family trusts""

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

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Form 4 Insider Transactions: What Each Field Means →

06/04/2026 - 06:00 PM

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

10007

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	06/02/2026		F		122,442⁽¹⁾	D	$9.8	11,956,246	D
Class A Common Stock								34,370	I	Held by the Eric H. Baker Family Foundation
Class A Common Stock								55,048	I	Held by family trusts

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. Not a market sale.

Remarks:

Founder, Chairman and Chief Executive Officer

	/s/ Mark Streams, as Attorney-in-Fact for Eric H. Baker	06/04/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Eric H. Baker report in the latest StubHub (STUB) Form 4?

Eric H. Baker reported a tax-related share withholding on StubHub Class A Common Stock. The company withheld 122,442 shares at $9.80 per share to satisfy his tax obligations, which the filing explicitly states is not a market sale.

How many StubHub (STUB) shares does Eric H. Baker hold after this Form 4?

After the tax withholding, Eric H. Baker directly holds 11,956,246 StubHub Class A Common shares. He also has indirect ownership of 55,048 shares through family trusts and 34,370 shares through the Eric H. Baker Family Foundation, according to the filing disclosures.

At what price were Eric H. Baker’s StubHub shares withheld for taxes?

The shares withheld for Eric H. Baker’s tax obligations were valued at $9.80 per StubHub Class A share. This price is used in the Form 4 entry describing the 122,442-share tax-withholding disposition recorded as a non-derivative transaction.

What indirect StubHub (STUB) holdings does Eric H. Baker report on this Form 4?

Eric H. Baker reports 55,048 StubHub Class A shares held by family trusts and 34,370 shares held by the Eric H. Baker Family Foundation. Both positions are listed as indirect ownership interests, separate from his direct 11,956,246-share holding.