Hubbell Inc. (HUBB) CFO Capozzoli discloses stock and SAR ownership
Rhea-AI Filing Summary
Hubbell Inc. senior vice president and CFO Joseph Anthony Capozzoli filed an initial statement of beneficial ownership of securities. He reports direct ownership of 5,452 shares of Hubbell common stock, which consists of 4,737 shares of common stock and 715 unvested restricted shares. He also holds several stock appreciation rights (SARs) over Hubbell common stock, including 2,548 shares at an exercise price of $163.26 expiring on February 10, 2031; 1,911 shares at $185.87 expiring on February 8, 2032; 1,230 shares at $241.17 expiring on February 7, 2033; 852 shares at $352.55 expiring on February 6, 2034; and 749 shares at $393.16 expiring on February 18, 2035. The footnotes explain that these SARs vest in three annual installments beginning between February 2022 and February 2026.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Consists of 4,737 shares of common stock and 715 unvested shares of restricted common stock. The stock appreciation right vested and became exercisable in three equal annual installments beginning on February 10, 2022. The stock appreciation right vested and became exercisable in three equal annual installments beginning on February 8, 2023. The stock appreciation right partially vested and became exercisable in three equal annual installments beginning on February 7, 2024. The stock appreciation right partially vested and became exercisable in three annual installments beginning on February 6, 2025. The stock appreciation right vests and becomes exercisable in three equal annual installments beginning on February 18, 2026.
FAQ
What does the Form 3 filing for HUBB disclose about Joseph Capozzoli's holdings?
The Form 3 shows that Joseph Anthony Capozzoli, Hubbell Inc.'s senior vice president and CFO, has reported his initial beneficial ownership of Hubbell common stock and stock appreciation rights. It details both his directly owned shares and derivative awards tied to Hubbell common stock.
What stock appreciation rights does the Hubbell (HUBB) CFO hold according to the Form 3?
He holds several stock appreciation rights over Hubbell common stock: 2,548 shares at $163.26 expiring on February 10, 2031; 1,911 shares at $185.87 expiring on February 8, 2032; 1,230 shares at $241.17 expiring on February 7, 2033; 852 shares at $352.55 expiring on February 6, 2034; and 749 shares at $393.16 expiring on February 18, 2035.
Are the Hubbell (HUBB) stock appreciation rights held by the CFO vested or unvested?
The footnotes state that certain stock appreciation rights have already vested and became exercisable in three equal annual installments beginning on February 10, 2022 and February 8, 2023. Others are described as partially vested or scheduled to vest in three installments beginning on February 7, 2024, February 6, 2025, and February 18, 2026.
Is the Hubbell (HUBB) CFO's ownership reported as direct or indirect?
All of the holdings shown in the Form 3 for common stock and for each stock appreciation right are reported with ownership form "D" for direct, indicating direct beneficial ownership by the reporting person.
What is the role of Joseph Anthony Capozzoli at Hubbell Inc. (HUBB)?
The Form 3 identifies Joseph Anthony Capozzoli as an officer of Hubbell Inc., serving in the role of Senior Vice President, CFO. He is not listed as a director or 10% owner in this filing.