Sec Form 3 Filing - Levine Jeremy S. @ StubHub Holdings, Inc. - 2025-09-16

FORM 3 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Levine Jeremy S. 2. Issuer Name and Ticker or Trading Symbol StubHub Holdings, Inc. [ STUB] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O STUBHUB HOLDINGS, INC., 175 GREENWICH STREET, 59TH FLOOR 3. Date of Earliest Transaction (MM/DD/YY) 09/16/2025 (Street) NEW YORK, NY10007 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class A Common Stock 7,700 ( 1 ) D Class A Common Stock 9,225,192 I Bessemer Venture Partners VIII L.P. ( 2 ) ( 3 ) ( 4 ) Class A Common Stock 11,094,612 I Bessemer Venture Partners VIII Institutional L.P. ( 2 ) ( 3 ) ( 4 ) Class A Common Stock 1,483,570 I Bessemer Venture Partners Century Fund Institutional L.P. ( 2 ) ( 3 ) ( 4 ) Class A Common Stock 235,115 I Bessemer Venture Partners Century Fund L.P. ( 2 ) ( 3 ) ( 4 ) Class A Common Stock 4,937,498 I Deer Partners Investment Fund LLC ( 2 ) ( 3 ) ( 4 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Series M Redeemable Preferred Stock ( 5 ) ( 5 ) ( 5 ) Class A Common Stock 82,539 I Deer Partners Investment Fund LLC ( 2 ) ( 3 ) ( 4 ) Series O Redeemable Preferred Stock ( 6 ) ( 6 ) ( 6 ) Class A Common Stock 46,808 I Cloud All Star Fund, LP ( 2 ) ( 3 ) ( 4 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Levine Jeremy S. C/O STUBHUB HOLDINGS, INC. 175 GREENWICH STREET, 59TH FLOOR NEW YORK, NY10007 X X Signatures /s/ Elizabeth Lynch, attorney-in-fact for Jeremy Levine 09/16/2025 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Represents restricted stock unit ("RSU"), which vest in accordance with the terms of the applicable awards. Each RSU represents a contingent right to receive one share of Issuer Class A common stock. ( 2 )Deer VIII & Co. L.P. ("Deer VIII LP") is the general partner of Bessemer Venture Partners VIII L.P. ("BVP VIII") and Bessemer Venture Partners VIII Institutional L.P. ("BVP VIII Inst"). Deer VIII & Co. Ltd. ("Deer VIII Ltd.") is the general partner of Deer VIII LP. Robert P. Goodman, David Cowan, Scott Ring, Sandra Grippo, Jeremy Levine, Byron Deeter and Robert M. Stavis serve as the directors of Deer VIII Ltd. and are the individuals who make investment and voting decisions on behalf of BVP VIII and BVP VIII Inst., collectively. Investment and voting decisions with respect to our shares held by BVP VIII and BVP VIII Inst are made by the directors of Deer VIII Ltd. acting as an investment committee. Deer X & Co. L.P. ("Deer X LP") is the general partner of Bessemer Venture Partners Century Fund L.P. ("BVP CF")and Bessemer Venture Partners Century Fund Institutional L.P. ("BVP CF Inst"). Deer X & Co. Ltd. ("Deer X Ltd.") is the general partner of Deer X LP. Robert P. Goodman, ( 3 )(Continued from footnote 2) David Cowan, Jeremy Levine, Byron Deeter, Adam Fisher, Brian Feinstein, Alex Ferrara, Stephen Kraus, Scott Ring and Sandra Grippo are the directors of Deer X Ltd. and are the individuals who make investment and voting decisions on behalf of BVP CF and BVP CF Inst., collectively. Investment and voting decisions with respect to our shares held by BVP CF and BVP CF Inst are made by the directors of Deer X Ltd. acting as an investment committee. by Deer Partners Investment Fund LLC ("DPIF") is a member-managed LLC. Voting and investment decisions over our shares held by DPIF are made by members of DPIF holding a majority in interests of DPIF's position in us. Certain affiliates of the Bessemer Entities own a material interest in Cloud All Star Fund GP, LLC, the general partner of Cloud All Star Fund, L.P. ("CASF"), which has voting and dispositive power with respect to the shares held by CASF. ( 4 )(Continued from footnote 3) The Reporting Person is a Partner at Bessemer Venture Partners may be deemed to have shared voting and investment power over the shares held by BVP VIII, BVP VIII Inst, BVP CF Inst, BVP CF, DPIF and CASF (as defined above). The Reporting Person disclaims beneficial ownership interest of the securities held by BVP VIII, BVP VIII Inst, BVP CF Inst, BVP CF, DPIF and CASF, except to the extent of his pecuniary interest, if any, in such securities by virtue of his indirect and/or direct interest in such entities. ( 5 )Each share of Series M redeemable preferred stock will automatically convert into shares of Class A common stock of the Issuer, pursuant to the terms as specified in the Issuer's Certificate of Designation, 180 days after the consummation of the Issuer's initial public offering. The Series M redeemable preferred stock will be redeemed for cash if not converted prior to June 18, 2034. ( 6 )Each share of Series O redeemable preferred stock will automatically convert into shares of Class A common stock of the Issuer, pursuant to the terms as specified in the Issuer's Certificate of Designation, 180 days after the consummation of the Issuer's initial public offering.

Remarks: Exhibit 24 - Power of Attorney.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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