StubHub (STUB) 10% Owner Thomas Patterson Receives Award

What Happened

• Thomas Patterson, reported as a 10% owner (via his role at Madrone Capital), was granted 42,445 restricted stock units (RSUs) by StubHub on 2026-09-16. The RSUs were awarded at $0.00 per unit (no cash paid at grant) and represent contingent rights to receive one share of Class A common stock each, subject to vesting terms.

Key Details

• Transaction date: 2026-09-16; Filing date (Accession): 2026-09-18 (filed within the Form 4 two-business-day window).
• Transaction type/code: A — Award/Grant (42,445 RSUs) at $0.00; reported total cash value at grant $0.
• Shares owned after transaction: Not specified in the filing.
• Footnote F1: RSUs vest according to the applicable award terms; each RSU converts to one share on vesting.
• Footnote F2: Patterson is a managing member of Madrone Capital, which may give him shared voting/investment power over shares held by related Madrone entities; he disclaims beneficial ownership except to the extent of pecuniary interest.

Context

• This is a compensation award to a non‑employee director (not an open‑market purchase or sale). Awards like RSUs are routine director compensation and do not represent an immediate cash investment or sale. For 10% owners and institutional-affiliated insiders, holdings can reflect entity-level ownership rather than personal trading intent.