Fitzgerald Scott Michael 4
Research Summary
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StubHub (STUB) Principal Accounting Officer Fitzgerald Scott Michael Sells Shares
What Happened Fitzgerald Scott Michael, Principal Accounting Officer of StubHub Holdings (STUB), disposed of a total of 30,287 shares in March 2026. On March 10, 2026, 1,900 shares were withheld by the company to satisfy tax withholding obligations related to an equity event (disposed at $7.93, $15,067). On March 11, 2026, he sold 28,387 shares in open-market transactions for a weighted average price of $7.66, totaling $217,547. Overall proceeds from the reported dispositions are about $232,614. These were sales (routine liquidity), not purchases.
Key Details
- Transaction dates: March 10, 2026 (tax withholding) and March 11, 2026 (open-market sale).
- Prices/values: 1,900 shares withheld at $7.93 = $15,067; 28,387 shares sold at weighted avg $7.66 = $217,547; total ≈ $232,614.
- Price range: Open-market sales occurred at prices ranging from $7.37 to $8.09 (weighted average reported).
- Plan/footnotes: Open-market sales were made under a Rule 10b5-1 trading plan adopted Dec 10, 2025. Withheld shares were not a market sale (tax withholding).
- Shares owned after transaction: Not provided in the supplied filing excerpt.
- Filing timeliness: Form filed March 12, 2026 for transactions on March 10–11; no late-filing flag included in the provided data.
Context
- The 1,900-share disposition was a tax withholding event (cashless withholding), common when equity vests or options are exercised and does not reflect an open-market sale decision.
- The March 11 sales were executed under a pre-established 10b5-1 plan, which allows scheduled trades and is typically used to avoid potential insider trading concerns.
- Sales are routine liquidity events and, by themselves, do not necessarily indicate management sentiment about the company.