StubHub director Patterson granted 42,445 RSUs
StubHub director and ten percent owner Thomas Patterson receives 42,445 RSUs and reports large indirect StubHub holdings through Madrone investment entities.
Rhea-AI Filing Summary
StubHub Holdings, Inc. (symbol: STUB) is the issuer of record for a Form 4 filing submitted to the SEC. PATTERSON THOMAS reported acquisition or exercise transactions in this Form 4 filing.
StubHub Holdings, Inc. (STUB) reports that director and ten percent owner Thomas Patterson received a grant of 42,445 restricted stock units (RSUs) on September 16, 2026 under the non-employee director compensation program, bringing his directly held Class A common stock to 55,210 shares.
The filing also lists substantial indirect holdings in StubHub securities held through Madrone Partners, L.P., Madrone SHV Partners, LLC, and Madrone Opportunity Fund, L.P., over which Patterson may be deemed to share voting and investment power but for which he disclaims beneficial ownership except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 42,445 shares
Grant/Award
6 txns
Insider
PATTERSON THOMAS
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 42,445 | $0.00 | $0.00 |
| holding | Class A Common Stock F2 | -- | -- | -- |
| holding | Class A Common Stock F2 | -- | -- | -- |
| holding | Class A Common Stock F2 | -- | -- | -- |
| holding | Series L Preferred Stock F2 | -- | -- | -- |
| holding | Series L Preferred Stock F2 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 55,210 shares (Direct);
Class A Common Stock — 21,111,915 shares (Indirect, Held by Madrone Partners, L.P.);
Class A Common Stock — 53,279,250 shares (Indirect, Held by Madrone SHV Partners, LLC);
Class A Common Stock — 1,388,890 shares (Indirect, Held by Madrone Opportunity Fund, L.P.);
Series L Preferred Stock — 38,333 shares (Indirect, Held by Madrone Partners, L.P.);
Series L Preferred Stock — 12,778 shares (Indirect, Held by Madrone Opportunity Fund, L.P.)
Footnotes (2)
- F1. Represents an award of restricted stock units ("RSUs") granted to the Reporting Person under the Issuer's non-employee director compensation program, which vest in accordance with the terms of the applicable award. Each RSU represents a contingent right to receive one share of Issuer Class A common stock.
- F2. Madrone Capital Partners, LLC ("Madrone Capital") is the general partner of Madrone Partners L.P. ("Madrone Partners") and Madrone Opportunity Fund, L.P. ("Madrone Opportunity") and the manager of Madrone SHV Partners, LLC ("Madrone SHV"). The Reporting Person is a managing member of Madrone Capital and may be deemed to have shared voting and investment power with respect to the shares held by each of Madrone Partners, Madrone SHV and Madrone Opportunity and, as a result, may be deemed to have beneficial ownership of such shares. The Reporting Person disclaims beneficial ownership of the shares reported herein, except to the extent of his pecuniary interest therein.
Key Figures
RSUs granted: 42,445 units
Direct Class A holdings after transaction: 55,210 shares
Indirect Class A holdings via Madrone Partners, L.P.: 21,111,915 shares
+4 more
7 metrics
RSUs granted
42,445 units
Restricted stock unit award on September 16, 2026 under non-employee director compensation program
Direct Class A holdings after transaction
55,210 shares
Direct StubHub Class A common stock held by Thomas Patterson following the RSU award
Indirect Class A holdings via Madrone Partners, L.P.
21,111,915 shares
Class A common stock held indirectly and associated with Thomas Patterson
Indirect Class A holdings via Madrone SHV Partners, LLC
53,279,250 shares
Indirect StubHub Class A holdings reported for Madrone SHV Partners, LLC
Indirect Class A holdings via Madrone Opportunity Fund, L.P.
1,388,890 shares
Indirect StubHub Class A holdings reported for Madrone Opportunity Fund, L.P.
Series L Preferred Stock via Madrone Partners, L.P.
38,333 shares
Indirect holdings of StubHub Series L Preferred Stock
Series L Preferred Stock via Madrone Opportunity Fund, L.P.
12,778 shares
Additional indirect holdings of StubHub Series L Preferred Stock
Key Terms
restricted stock units ("RSUs"), non-employee director compensation program, beneficial ownership, pecuniary interest, +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs") granted to the Reporting Person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
non-employee director compensation program financial
"RSUs granted to the Reporting Person under the Issuer's non-employee director compensation program"
beneficial ownership financial
"may be deemed to have beneficial ownership of such shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of the shares reported herein, except to the extent of his pecuniary interest"
voting and investment power financial
"may be deemed to have shared voting and investment power with respect to the shares"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did StubHub (STUB) director Thomas Patterson receive in this Form 4 filing?
Thomas Patterson received an award of 42,445 restricted stock units (RSUs) of StubHub Class A common stock on September 16, 2026, under StubHub’s non-employee director compensation program, with each RSU representing a contingent right to receive one share of Class A common stock.
What indirect StubHub (STUB) Class A holdings are associated with Thomas Patterson?
Indirect StubHub Class A holdings reported are 21,111,915 shares held by Madrone Partners, L.P., 53,279,250 shares held by Madrone SHV Partners, LLC, and 1,388,890 shares held by Madrone Opportunity Fund, L.P. Patterson may be deemed to share voting and investment power over these positions.
Were the reported StubHub (STUB) transactions made under a Rule 10b5-1 trading plan?
The filing indicates no Rule 10b5-1 trading plan; the Rule 10b5-1 checkbox is not affirmed for these transactions, which include the September 16, 2026 RSU grant and the reported indirect holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
