Hubbell (NYSE: HUBB) director awarded 341 restricted shares and updates deferred units
Rhea-AI Filing Summary
MALLOY JOHN F. reported acquisition or exercise transactions in this Form 4 filing.
Hubbell Inc. director John F. Malloy received a grant of 341 shares of Common Stock as a restricted stock award, with a stated price of $0.00 per share. The grant vests on the date of the company’s next regularly scheduled Annual Meeting of Shareholders to be held in 2027.
Following this award, Malloy directly holds 19,426.306 shares of Common Stock. He also has deferred director compensation positions tied to the stock, including 1,866.670 Directors Deferred Restricted Common Stock Units and 1,817.706 Directors Deferred Compensation Stock Units, which were updated to reflect additional units from reinvested dividends and are payable after he retires or leaves the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 341 | $0.00 | -- |
| holding | Directors Deferred Compensation Stock Units | -- | -- | -- |
| holding | Directors Deferred Restricted Common Stock Units | -- | -- | -- |
Footnotes (1)
- Restricted stock grant vesting on date of next regularly scheduled Annual Meeting of Shareholders to be held in 2027. Each deferred unit consists of one share of Common Stock credited as units under the Company's Deferred Plan for Directors. Deferred units are payable commencing six months following the reporting person's retirement or separation from the Board. Balance has been updated to reflect additional stock units credited through reinvested dividends that have been paid on the individual's Directors Deferred Compensation Stock Units. Balance has been updated to reflect additional restricted stock units credited through reinvested dividends that have been paid on the individual's Directors Deferred Restricted Common Stock Units.