# EDGAR Filing Document

**Accession Number:** 0001789147
**File Stem:** 0001193125-25-205322
**Filing Date:** 2025-9
**Character Count:** 13428
**Document Hash:** f49e7d1b052d82eecbf2b5ba62455a17
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-205322.hdr.sgml**: 20250916

**ACCESSION NUMBER**: 0001193125-25-205322

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250916

**FILED AS OF DATE**: 20250916

**DATE AS OF CHANGE**: 20250916

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** McJunkin Jameson J
- **CENTRAL INDEX KEY:** 0001293780

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42846
- **FILM NUMBER:** 251318595

**MAIL ADDRESS:**
- **STREET 1:** 1149 CHESTNUT STREET
- **STREET 2:** SUITE 200
- **CITY:** MENLO PARK
- **STATE:** CA
- **ZIP:** 94025
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Madrone Partners, L.P.
- **CENTRAL INDEX KEY:** 0001545458

**ORGANIZATION NAME:**
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42846
- **FILM NUMBER:** 251318598

**BUSINESS ADDRESS:**
- **STREET 1:** 1149 CHESTNUT STREET, SUITE 200
- **CITY:** MENLO PARK
- **STATE:** CA
- **ZIP:** 94025
- **BUSINESS PHONE:** 650-854-8300

**MAIL ADDRESS:**
- **STREET 1:** 1149 CHESTNUT STREET, SUITE 200
- **CITY:** MENLO PARK
- **STATE:** CA
- **ZIP:** 94025
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Penner Gregory Boyd
- **CENTRAL INDEX KEY:** 0001353165

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42846
- **FILM NUMBER:** 251318594

**MAIL ADDRESS:**
- **STREET 1:** 1149 CHESTNUT STREET
- **STREET 2:** SUITE 200
- **CITY:** MENLO PARK
- **STATE:** CA
- **ZIP:** 94025
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Madrone SHV Partners, LLC
- **CENTRAL INDEX KEY:** 0002086204

**ORGANIZATION NAME:**
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42846
- **FILM NUMBER:** 251318597

**BUSINESS ADDRESS:**
- **STREET 1:** 201 COLUMBINE STREET
- **STREET 2:** #6476
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206
- **BUSINESS PHONE:** 479-802-7392

**MAIL ADDRESS:**
- **STREET 1:** 201 COLUMBINE STREET
- **STREET 2:** #6476
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** MADRONE CAPITAL PARTNERS, LLC
- **CENTRAL INDEX KEY:** 0001789147

**ORGANIZATION NAME:**
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42846
- **FILM NUMBER:** 251318593

**BUSINESS ADDRESS:**
- **STREET 1:** PO BOX #6476
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206
- **BUSINESS PHONE:** (650) 843-5000

**MAIL ADDRESS:**
- **STREET 1:** PO BOX #6476
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Madrone Opportunity Fund, L.P.
- **CENTRAL INDEX KEY:** 0002086203

**ORGANIZATION NAME:**
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42846
- **FILM NUMBER:** 251318596

**BUSINESS ADDRESS:**
- **STREET 1:** 201 COLUMBINE STREET
- **STREET 2:** #6476
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206
- **BUSINESS PHONE:** 479-802-7392

**MAIL ADDRESS:**
- **STREET 1:** 201 COLUMBINE STREET
- **STREET 2:** #6476
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** StubHub Holdings, Inc.
- **CENTRAL INDEX KEY:** 0001337634
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 202082924
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 175 GREENWICH STREET
- **STREET 2:** 59TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10007
- **BUSINESS PHONE:** (888) 977-5364

**MAIL ADDRESS:**
- **STREET 1:** 175 GREENWICH STREET
- **STREET 2:** 59TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10007

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Pugnacious Endeavors Inc
- **DATE OF NAME CHANGE:** 20050831

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>MADRONE CAPITAL PARTNERS, LLC<br><sub>(Last) (First) (Middle)</sub><br>PO BOX #6476<br><sub>(Street)</sub><br>DENVER, CO 80206<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>StubHub Holdings, Inc. [ STUB ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2025-09-16 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [X] 10% Owner<br>[ ] Officer (give title below)   [ ] Other (specify below)<br>_ _ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Madrone Partners, L.P.<br><sub>(Last) (First) (Middle)</sub><br>PO BOX #6476<br><sub>(Street)</sub><br>DENVER, CO 80206<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>StubHub Holdings, Inc. [ STUB ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2025-09-16 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [X] 10% Owner<br>[ ] Officer (give title below)   [ ] Other (specify below)<br>_ _ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Madrone SHV Partners, LLC<br><sub>(Last) (First) (Middle)</sub><br>PO BOX #6476<br><sub>(Street)</sub><br>DENVER, CO 80206<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>StubHub Holdings, Inc. [ STUB ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2025-09-16 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [X] 10% Owner<br>[ ] Officer (give title below)   [ ] Other (specify below)<br>_ _ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Madrone Opportunity Fund, L.P.<br><sub>(Last) (First) (Middle)</sub><br>PO BOX #6476<br><sub>(Street)</sub><br>DENVER, CO 80206<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>StubHub Holdings, Inc. [ STUB ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2025-09-16 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [X] 10% Owner<br>[ ] Officer (give title below)   [ ] Other (specify below)<br>_ _ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>McJunkin Jameson J<br><sub>(Last) (First) (Middle)</sub><br>PO BOX #6476<br><sub>(Street)</sub><br>DENVER, CO 80206<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>StubHub Holdings, Inc. [ STUB ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2025-09-16 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [X] 10% Owner<br>[ ] Officer (give title below)   [ ] Other (specify below)<br>_ _ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Penner Gregory Boyd<br><sub>(Last) (First) (Middle)</sub><br>PO BOX #6476<br><sub>(Street)</sub><br>DENVER, CO 80206<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>StubHub Holdings, Inc. [ STUB ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2025-09-16 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [X] 10% Owner<br>[ ] Officer (give title below)   [ ] Other (specify below)<br>_ _ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| Class A Common Stock | 21111915 | I | Held by Madrone Partners, L.P.<sup>(1)</sup> |
| Class A Common Stock | 53279250 | I | Held by Madrone SHV Partners, LLC<sup>(1)</sup> |
| Class A Common Stock | 1388890 | I | Held by Madrone Opportunity Fund, L.P.<sup>(1)</sup> |
| Series L Preferred Stock | 38333 | I | Held by Madrone Partners, L.P.<sup>(1)</sup> |
| Series L Preferred Stock | 12778 | I | Held by Madrone Opportunity Fund, L.P.<sup>(1)</sup> |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) 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.

**Signature:** Madrone Capital Partners, LLC, By:  Thomas Patterson, Manager, /s/ Thomas Patterson  
**Date:** 2025-09-16

**Signature:** Madrone Partners L.P., By: Madrone Capital Partners, LLC, its general partner, By: Thomas Patterson, Manager, /s/ Thomas Patterson  
**Date:** 2025-09-16

**Signature:** Madrone Opportunity Fund, L.P., By: Madrone Capital Partners, LLC, its general partner, By: Thomas Patterson, Manager, /s/ Thomas Patterson  
**Date:** 2025-09-16

**Signature:** Madrone SHV Partners, LLC, By: Madrone Capital Partners, LLC, its manager, By: Thomas Patterson, Manager, /s/ Thomas Patterson  
**Date:** 2025-09-16

**Signature:** /s/ Jameson McJunkin  
**Date:** 2025-09-16

**Signature:** /s/ Gregory Penner  
**Date:** 2025-09-16

### Remarks:

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

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**