StubHub (STUB) officer uses 4,920 shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
StubHub Holdings, Inc. principal accounting officer Scott Michael Fitzgerald reported a routine share disposition related to taxes. On the transaction date, 4,920 shares of Class A Common Stock were withheld by the company at a price of $6.45 per share to cover his tax withholding obligations.
After this non-market, tax-withholding transaction, Fitzgerald directly owned 98,360 shares of StubHub Class A Common Stock. The footnote clarifies that this was not an open-market sale but a share withholding mechanism associated with equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fitzgerald Scott Michael
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 4,920 | $6.45 | $32K |
Holdings After Transaction:
Class A Common Stock — 98,360 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 4,920 shares
Reference share price: $6.45 per share
Shares owned after transaction: 98,360 shares
3 metrics
Shares withheld for taxes
4,920 shares
Class A Common Stock withheld to satisfy tax obligations
Reference share price
$6.45 per share
Value used for the 4,920-share tax-withholding disposition
Shares owned after transaction
98,360 shares
Direct holdings of Class A Common Stock following the Form 4 event
Key Terms
Form 4, tax withholding obligations, Class A Common Stock, Principal Accounting Officer
4 terms
Form 4 regulatory
"reported on this Form 4 insider transaction"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
tax withholding obligations financial
"withheld by the Company to satisfy the reporting person's tax withholding obligations"
Class A Common Stock financial
"4,920 shares of Class A Common Stock were withheld"
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.
Principal Accounting Officer financial
"serving as Principal Accounting Officer at StubHub"
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
FAQ
What did StubHub (STUB) officer Scott Michael Fitzgerald report on this Form 4?
Scott Michael Fitzgerald reported that 4,920 StubHub Class A shares were withheld by the company to satisfy his tax withholding obligations. This was a technical disposition tied to equity compensation, not a voluntary open-market trade or a traditional sale into the market.
What role does Scott Michael Fitzgerald hold at StubHub (STUB) in this Form 4?
Scott Michael Fitzgerald is identified as an officer of StubHub, serving as Principal Accounting Officer. The reported transaction relates to his compensation, where company shares were withheld to cover tax obligations arising from equity-based awards or similar compensation events.