THOMAS PATTERSON - 16 Sep 2025 Form 3 Insider Report for StubHub Holdings, Inc. (STUB)

Role: Director, 10%+ Owner
Signature: /s/ Elizabeth Lynch, attorney-in-fact for Thomas A. Patterson
Issuer symbol: STUB
Transactions as of: 16 Sep 2025
Net transactions value: $0
Form type: 3
Filing time: 16 Sep 2025, 21:03:46 UTC
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
PATTERSON THOMAS	Director, 10%+ Owner	C/O STUBHUB HOLDINGS, INC., 175 GREENWICH STREET, 59TH FLOOR, NEW YORK	/s/ Elizabeth Lynch, attorney-in-fact for Thomas A. Patterson	16 Sep 2025	0001214954

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"). The Reporting Person is a managing member of Madrone Capital and 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. The Reporting Person disclaims beneficial ownership of the shares reported herein, except to the extent of his pecuniary interest therein.

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"). The Reporting Person is a managing member of Madrone Capital and 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. The Reporting Person disclaims beneficial ownership of the shares reported herein, except to the extent of his pecuniary interest therein.

Remarks:

Exhibit 24 - Power of Attorney.