StubHub (STUB) accounting officer uses 9,534 shares for tax withholding
Rhea-AI Filing Summary
StubHub Holdings, Inc. Principal Accounting Officer Scott Michael Fitzgerald reported a routine tax-related share disposition. On Class A Common Stock, 9,534 shares were withheld by the company at a value of $9.80 per share to cover his tax withholding obligations, as noted in the footnote stating this was not a market sale. After this withholding, he directly holds 218,506 shares, so the filing reflects compensation-related tax settlement rather than an open-market trade.
Positive
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Negative
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Insights
Routine tax withholding; no open-market trading signal.
The reporting officer, StubHub’s Principal Accounting Officer, had 9,534 shares of Class A Common Stock withheld by the company at $9.80 per share to satisfy tax obligations. The code F and the footnote clarify this is not a market sale.
Because the shares were surrendered to cover taxes on equity compensation, this transaction offers little insight into the officer’s view of StubHub’s prospects. He retains 218,506 shares directly after the event, indicating a substantial continuing equity stake.
With no derivative positions listed in the derivative summary and no 10b5-1 trading plan mentioned in the footnotes, the key takeaway is simply the mechanistic tax settlement, a common feature of stock-based compensation programs.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 9,534 | $9.80 | $93K |
Footnotes (1)
- F1. These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. Not a market sale.
Key Figures
Key Terms
Class A Common Stock financial
tax withholding obligations financial
Principal Accounting Officer financial
Form 4 regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.