Baker Eric Howard 4
Research Summary
AI-generated summary
StubHub CEO Eric Baker Withholds 122,442 Shares for Taxes
What Happened
Eric Howard Baker, Founder, Chairman and Chief Executive Officer of StubHub Holdings, Inc. (STUB) and a reported 10% owner, had 122,442 shares withheld by the company on June 2, 2026 to satisfy tax withholding obligations. The shares are reported at $9.80 per share, for a notional value of $1,199,932. This transaction is coded as F (payment of exercise price or tax liability) and was a withholding, not an open-market sale.
Key Details
- Transaction date: 2026-06-02; reported on Form 4 filed 2026-06-04 (timely filing).
- Price reported: $9.80 per share; total value shown: $1,199,932.
- Shares involved: 122,442 shares withheld to cover taxes.
- Shares owned after transaction: not specified in the provided filing summary.
- Footnote: F1 — shares were withheld by the company to satisfy the reporting person's tax withholding obligations; explicitly not a market sale.
- Insider status: Founder, Chairman & CEO and listed as a 10% owner.
Context
Share withholding to cover taxes is a routine administrative step when options are exercised or restricted shares vest; it reduces the number of shares delivered to the insider and is not the same as selling shares on the open market. Such withholdings are generally not viewed as a directional signal about the insider’s view of the company.