StubHub (STUB) 10% Owner Jeremy S. Levine Receives 27,840 RSUs
$STUB · StubHub Holdings, Inc.Research Summary
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StubHub (STUB) 10% Owner Jeremy S. Levine Receives 27,840 RSUs
What Happened
Jeremy S. Levine (reported as a 10% owner) was granted 27,840 restricted stock units (RSUs) in StubHub Holdings, Inc. on 2026-08-03. The RSUs were issued at $0.00 (grant value reported as $0) and each RSU represents a contingent right to receive one share of Class A common stock upon vesting. Levine has agreed to assign the right to any shares or proceeds from these RSUs to Deer Management Co, LLC.
Key Details
- Transaction type: Award/Grant (Form 4 code A) — 27,840 RSUs granted @ $0.00, total reported cash = $0.
- Transaction date: 2026-08-03; Form 4 filed: 2026-08-05 (appears to be within the usual two‑business‑day filing window).
- Shares owned after transaction: Not specified in the filing.
- Notable footnotes:
- F1: RSUs vest per the applicable award terms; 1 RSU = 1 share on settlement.
- F2: Levine assigned rights to any issuable shares or sale proceeds to Deer Management Co, LLC.
- F3–F5: Levine is a Partner at Bessemer Venture Partners and may be deemed to share voting/investment power over certain Bessemer-affiliated entities; he disclaims beneficial ownership of those entities’ shares except to any pecuniary interest he may have.
Context
This was an equity award (not a cash purchase or sale). Awards to directors are commonly part of non-employee director compensation and do not by themselves indicate buying or selling sentiment. The assignment to Deer Management means the economic or voting benefits of these RSUs may be held or managed by that entity rather than retained directly by Levine.