Baker Eric Howard 4

What Happened
Eric Baker, founder, Chairman and Chief Executive Officer of StubHub Holdings, Inc. (STUB) and a 10% owner, had 122,441 shares withheld by the company on March 10, 2026 to satisfy tax withholding obligations. The withholding price was $7.93 per share, totaling approximately $970,957. This was a tax-withholding/net settlement transaction, not an open-market sale.

Key Details

• Transaction date: 2026-03-10
• Price per share: $7.93; shares withheld: 122,441; total value ≈ $970,957
• Transaction code: F — payment of exercise price or tax liability (shares withheld)
• Footnote: Company withheld the shares to satisfy the reporting person's tax withholding obligations; not a market sale (F1).
• Shares owned after transaction: Not disclosed in this Form 4.
• Filing date: 2026-03-12; the Form 4 reports the March 10 transaction (no late-filing indication in the filing).

Context
This was a tax-withholding/net settlement (cashless-like) action typically associated with option exercises or other equity events; the company withheld shares rather than the insider selling in the open market. Such withholdings are routine and do not directly signal buy/sell intent in the market. As both the company's founder/CEO and a reported 10% owner, Baker's ownership status is significant, but this specific transaction reflects tax settlement rather than a discretionary sale.