Levine Jeremy S. 4
4 · StubHub Holdings, Inc. · Filed Mar 31, 2026
Research Summary
AI-generated summary of this filing
StubHub (STUB) 10% Owner Jeremy Levine Converts RSUs into Shares
What Happened
Jeremy S. Levine (reported as a 10% owner / Partner at Bessemer) converted derivative securities into shares of StubHub on 2026-03-17. The filing shows two conversion-acquisitions of 82,572 and 46,808 shares (total 129,380 shares converted) and two small derivative disposals of 1,500 and 1,000 shares (total 2,500). Net result: a net increase of 126,880 shares. No per-share prices or total dollar values were reported (price = N/A).
Key Details
- Transaction date (period of report): 2026-03-17; Form 4 filed 2026-03-31.
- Transaction type/code: “C” = conversion of a derivative security; two disposals listed as derivative dispositions.
- Specific line items: +82,572 shares (conversion), +46,808 shares (conversion), -1,500 shares (conversion/disposed), -1,000 shares (conversion/disposed).
- Net change: +126,880 shares. Price/value: N/A (not reported).
- Shares owned after transaction: Not stated in the provided filing excerpt.
- Notable footnotes:
- F1: The conversions relate to RSUs (each RSU converts to one Class A share); Levine agreed to assign rights to Deer Management Co., LLC for shares/proceeds from that grant.
- F5: Some conversions may reflect automatic conversion of redeemable preferred into Class A common stock per the issuer’s Certificate of Designation.
- F2–F4: Levine is a Partner at Bessemer Venture Partners and may have shared voting/investment power over certain Bessemer entities; he disclaims direct beneficial ownership of shares held by those entities except for any pecuniary interest.
- Timeliness: Filing date and report period provided; no indication in the excerpt that the filing was late.
Context
- “Conversion” (code C) here means derivative securities (RSUs and/or converted preferred) were converted into common shares rather than a market purchase. Because no cash was listed, this is not an open‑market buy or cash sale.
- The assignment to Deer Management Co., LLC and the Bessemer-related footnotes indicate these shares/rights may be held or managed through investment entities, and the reporting person disclaims direct beneficial ownership of securities held by those entities except as noted.
- Conversions and assignments can be routine (vesting, structural conversion) and do not necessarily signal buying or selling intent by the insider.
Insider Transaction Report
Form 4
Levine Jeremy S.
Director10% Owner
Transactions
- Conversion
Class A Common Stock
[F5][F2][F3][F4]2026-03-17+82,572→ 5,020,037 total(indirect: By LLC) - Conversion
Class A Common Stock
[F5][F2][F3][F4]2026-03-17+46,808→ 46,808 total(indirect: Cloud All Star Fund LP) - Conversion
Series M Redeemable Preferred Stock
[F5][F2][F3][F4]2026-03-17−1,500→ 0 total(indirect: By LLC)→ Class A Common Stock (82,572 underlying) - Conversion
Series O Redeemable Preferred Stock
[F5][F2][F3][F4]2026-03-17−1,000→ 0 total(indirect: Cloud All Star Fund LP)→ Class A Common Stock (46,808 underlying)
Holdings
- 7,700
Class A Common Stock
[F1] - 9,225,192(indirect: Bessemer Venture Partners VIII L.P.)
Class A Common Stock
[F2][F3][F4] - 11,094,612(indirect: Bessemer Venture Partners VIII Institutional L.P.)
Class A Common Stock
[F2][F3][F4] - 1,483,570(indirect: Bessemer Venture Partners Century Fund Institutional L.P.)
Class A Common Stock
[F2][F3][F4] - 235,115(indirect: Bessemer Venture Partners Century Fund L.P.)
Class A Common Stock
[F2][F3][F4]
Footnotes (5)
- [F1]Represents restricted stock unit ("RSU"), which vest in accordance with the terms of the applicable awards. Each RSU represents a contingent right to receive one share of Issuer Class A common stock. The Reporting Person has agreed to assign to Deer Management Co, LLC the right to any shares issuable pursuant to this grant or any proceeds from the sale thereof.
- [F2]Deer VIII & Co. L.P. ("Deer VIII LP") is the general partner of Bessemer Venture Partners VIII L.P. ("BVP VIII") and Bessemer Venture Partners VIII Institutional L.P. ("BVP VIII Inst"). Deer VIII & Co. Ltd. ("Deer VIII Ltd.") is the general partner of Deer VIII LP. Robert P. Goodman, David Cowan, Scott Ring, Sandra Grippo, Jeremy Levine, Byron Deeter and Robert M. Stavis serve as the directors of Deer VIII Ltd. and are the individuals who make investment and voting decisions on behalf of BVP VIII and BVP VIII Inst., collectively. Investment and voting decisions with respect to our shares held by BVP VIII and BVP VIII Inst are made by the directors of Deer VIII Ltd. acting as an investment committee. Deer X & Co. L.P. ("Deer X LP") is the general partner of Bessemer Venture Partners Century Fund L.P. ("BVP CF") and Bessemer Venture Partners Century Fund Institutional L.P. ("BVP CF Inst"). Deer X & Co. Ltd. ("Deer X Ltd.") is the general partner of Deer X LP. Robert P. Goodman,
- [F3](Continued from footnote 2) David Cowan, Jeremy Levine, Byron Deeter, Adam Fisher, Brian Feinstein, Alex Ferrara, Stephen Kraus, Scott Ring and Sandra Grippo are the directors of Deer X Ltd. and are the individuals who make investment and voting decisions on behalf of BVP CF and BVP CF Inst., collectively. Investment and voting decisions with respect to our shares held by BVP CF and BVP CF Inst are made by the directors of Deer X Ltd. acting as an investment committee. by Deer Partners Investment Fund LLC ("DPIF") is a member-managed LLC. Voting and investment decisions over our shares held by DPIF are made by members of DPIF holding a majority in interests of DPIF's position in us. Certain affiliates of the Bessemer Entities own a material interest in Cloud All Star Fund GP, LLC, the general partner of Cloud All Star Fund, L.P. ("CASF"), which has voting and dispositive power with respect to the shares held by CASF.
- [F4](Continued from footnote 3) The Reporting Person is a Partner at Bessemer Venture Partners may be deemed to have shared voting and investment power over the shares held by BVP VIII, BVP VIII Inst, BVP CF Inst, BVP CF, DPIF and CASF (as defined above). The Reporting Person disclaims beneficial ownership interest of the securities held by BVP VIII, BVP VIII Inst, BVP CF Inst, BVP CF, DPIF and CASF, except to the extent of his pecuniary interest, if any, in such securities by virtue of his indirect and/or direct interest in such entities.
- [F5]Each share of redeemable preferred stock automatically converted into shares of Class A common stock of the Issuer, pursuant to the terms as specified in the Issuer's Certificate of Designation.
Signature
/s/ Augie Wilkinson, Attorney-in-Fact|2026-03-31