Baker Eric Howard 4
Research Summary
AI-generated summary
StubHub CEO Eric Baker: Shares Withheld for Taxes (18,128)
What Happened
- Eric Howard Baker, Founder, Chairman and Chief Executive Officer of StubHub Holdings, Inc. (STUB) and a >10% owner, had 18,128 shares withheld by the company on May 5, 2026 to satisfy his tax withholding obligations. The withheld shares were recorded at $7.60 per share for a total of $137,773. This was a tax-withholding transaction (code F), not an open-market sale.
Key Details
- Transaction date: 2026-05-05; Filing date: 2026-05-07.
- Price reported: $7.60 per share; Total value: $137,773.
- Shares withheld: 18,128; treated as tax withholding (company withheld shares to cover taxes).
- Shares owned after transaction: Not disclosed in the Form 4 filing.
- Filing timeliness: Report filed two days after the transaction (no late-filing flag noted).
- Footnote: Company withheld these shares to satisfy the reporting person's tax withholding obligations — explicitly not a market sale.
Context
- This was a routine tax-withholding/cashless-type transaction commonly seen when insiders exercise options or recognize taxable compensation. Because the shares were withheld by the company rather than sold on the market, the transaction does not directly signal the insider buying or selling shares for investment reasons.