Baker Eric Howard 4
Research Summary
AI-generated summary
StubHub CEO Eric Baker Withholds 18,128 Shares for Taxes
What Happened Eric Baker (Founder, Chairman and Chief Executive Officer of StubHub Holdings, Inc. (STUB) and a reported 10% owner) had 18,128 shares withheld by the company on April 7, 2026 to satisfy tax withholding obligations tied to an equity award or option exercise. The filing reports a per-share value of $6.45, totaling $116,926. This was a tax-withholding disposition (transaction code F), not a market sale.
Key Details
- Transaction date: April 7, 2026; Filing date: April 9, 2026 (filed two days after the transaction).
- Shares affected: 18,128 shares withheld at $6.45 per share; total value $116,926.
- Transaction type: Code F — payment of exercise price or tax liability; footnote clarifies shares were withheld by the company to satisfy tax withholding obligations (not sold in the market).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Insider status: Founder, Chairman & CEO; reported as a 10% owner.
Context Withholding shares to cover taxes is a common administrative step when options vest or restricted shares settle; it reduces the insider’s net holdings without creating open-market selling pressure. Such withholdings are routine and do not, by themselves, signal a change in the insider’s view of the company.