StubHub (STUB) CTO has shares withheld to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
StubHub Holdings, Inc. Chief Technology Officer Artem Yegorov had 19,979 shares of Class A Common Stock withheld at $6.45 per share to cover tax obligations. According to the disclosure, this was a tax-withholding disposition and not a market sale. After the transaction, he directly owns 271,697 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Yegorov Artem
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 19,979 | $6.45 | $129K |
Holdings After Transaction:
Class A Common Stock — 271,697 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 19,979 shares
Withholding share price: $6.45 per share
Shares owned after transaction: 271,697 shares
3 metrics
Shares withheld for taxes
19,979 shares
Tax-withholding disposition on Class A Common Stock
Withholding share price
$6.45 per share
Value used for tax-withholding disposition
Shares owned after transaction
271,697 shares
Direct holdings following tax withholding
Key Terms
tax withholding obligations, Class A Common Stock, Form 4, Payment of exercise price or tax liability by delivering securities
4 terms
tax withholding obligations financial
"These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations."
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""
FAQ
What did StubHub (STUB) CTO Artem Yegorov report in this Form 4?
Artem Yegorov reported that 19,979 shares of StubHub Class A Common Stock were withheld by the company at $6.45 per share to satisfy his tax withholding obligations, and the filing clarifies this was not a market sale of shares.
Was the StubHub (STUB) CTO’s Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The filing states the 19,979 shares were withheld by StubHub Holdings to satisfy Artem Yegorov’s tax withholding obligations, classifying it as a tax-withholding disposition rather than a discretionary sale.
What is the transaction code F used in the StubHub (STUB) Form 4?
Transaction code F indicates shares used to pay an exercise price or tax liability by delivering securities. In this case, 19,979 StubHub shares were withheld from Artem Yegorov to satisfy tax withholding obligations, and the filing notes it was not a market sale.
Does this StubHub (STUB) Form 4 suggest the CTO is selling his stake?
The Form 4 does not indicate a discretionary sale of the CTO’s stake. Instead, it shows 19,979 shares were withheld by the company to cover his tax obligations, and the footnote explicitly states this event was not a market sale of shares.