September 16, 2025 · Form 4 insider transaction
WestCap Management, LLC sold 20,000 shares of STUB at $0.00 per share, a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 2 days after the transaction.
The Series I Preferred Stock automatically converted into Class A Common Stock, par value $0.001 per share ("Class A Common Stock") on September 16, 2025, the date of pricing of the issuer's initial public offering.; The Series I Preferred Stock had no stated maturity.; The securities reported on this line are held directly by WestCap Stub Holdco 2024, LLC ("WestCap Stub").; WestCap Management, LLC ("WestCap") is the managing member of WestCap Stub and WestCap StubHub Opportunity Fund Preferred, LLC ("WestCap StubHub"). Laurence A. Tosi may be deemed to hold voting and investment control over the shares held by WestCap Stub and WestCap StubHub. Each Reporting Person expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein, if any.