MADRONE CAPITAL PARTNERS, LLC - 16 Sep 2025 Form 3 Insider Report for StubHub Holdings, Inc. (STUB)

Role: 10%+ Owner
Signature: Madrone Capital Partners, LLC, By: Thomas Patterson, Manager, /s/ Thomas Patterson
Issuer symbol: STUB
Transactions as of: 16 Sep 2025
Net transactions value: $0
Form type: 3
Filing time: 16 Sep 2025, 20:59:36 UTC
Previous filing: 04 Dec 2023
SEC: View on sec.gov

Reporting Owners (6)

Name	Relationship	Address	Signature	Signature date	CIK
MADRONE CAPITAL PARTNERS, LLC	10%+ Owner	PO BOX #6476, DENVER	Madrone Capital Partners, LLC, By: Thomas Patterson, Manager, /s/ Thomas Patterson	16 Sep 2025	0001789147
Madrone Partners, L.P.	10%+ Owner	PO BOX #6476, DENVER	Madrone Partners L.P., By: Madrone Capital Partners, LLC, its general partner, By: Thomas Patterson, Manager, /s/ Thomas Patterson	16 Sep 2025	0001545458
Madrone SHV Partners, LLC	10%+ Owner	PO BOX #6476, DENVER	Madrone Opportunity Fund, L.P., By: Madrone Capital Partners, LLC, its general partner, By: Thomas Patterson, Manager, /s/ Thomas Patterson	16 Sep 2025	0002086204
Madrone Opportunity Fund, L.P.	10%+ Owner	PO BOX #6476, DENVER	Madrone SHV Partners, LLC, By: Madrone Capital Partners, LLC, its manager, By: Thomas Patterson, Manager, /s/ Thomas Patterson	16 Sep 2025	0002086203
McJunkin Jameson J	10%+ Owner	PO BOX #6476, DENVER	/s/ Jameson McJunkin	16 Sep 2025	0001293780
Penner Gregory Boyd	10%+ Owner	PO BOX #6476, DENVER	/s/ Gregory Penner	16 Sep 2025	0001353165

Transactions Table

Type	Sym	Class	Shares After	Date	Ownership	Footnotes
holding	STUB	Class A Common Stock	21,111,915	16 Sep 2025	Held by Madrone Partners, L.P.	F1
holding	STUB	Class A Common Stock	53,279,250	16 Sep 2025	Held by Madrone SHV Partners, LLC	F1
holding	STUB	Class A Common Stock	1,388,890	16 Sep 2025	Held by Madrone Opportunity Fund, L.P.	F1
holding	STUB	Series L Preferred Stock	38,333	16 Sep 2025	Held by Madrone Partners, L.P.	F1
holding	STUB	Series L Preferred Stock	12,778	16 Sep 2025	Held by Madrone Opportunity Fund, L.P.	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Madrone Capital Partners, LLC ("Madrone Capital") is the general partner of Madrone Partners L.P. ("Madrone Partners") and Madrone Opportunity Fund, L.P. ("Madrone Opportunity") and the manager of Madrone SHV Partners, LLC ("Madrone SHV"). Thomas Patterson, Jameson McJunkin and Gregory Penner are the managing members of Madrone Capital and each may be deemed to have shared voting and investment power with respect to the shares held by each of Madrone Partners, Madrone SHV and Madrone Opportunity and, as a result, may be deemed to have beneficial ownership of such shares. Each of Madrone Capital, Madrone Partners, Madrone Opportunity, Madrone SHV and Messrs. McJunkin and Penner disclaim beneficial ownership of the shares reported herein, except to the extent of his or its respective pecuniary interest therein. Mr. Patterson is a director of the Issuer and files separate Section 16 filings.

Content

Madrone Capital Partners, LLC ("Madrone Capital") is the general partner of Madrone Partners L.P. ("Madrone Partners") and Madrone Opportunity Fund, L.P. ("Madrone Opportunity") and the manager of Madrone SHV Partners, LLC ("Madrone SHV"). Thomas Patterson, Jameson McJunkin and Gregory Penner are the managing members of Madrone Capital and each may be deemed to have shared voting and investment power with respect to the shares held by each of Madrone Partners, Madrone SHV and Madrone Opportunity and, as a result, may be deemed to have beneficial ownership of such shares. Each of Madrone Capital, Madrone Partners, Madrone Opportunity, Madrone SHV and Messrs. McJunkin and Penner disclaim beneficial ownership of the shares reported herein, except to the extent of his or its respective pecuniary interest therein. Mr. Patterson is a director of the Issuer and files separate Section 16 filings.