Hubbell grants stock and rights to EVP Mikes
Hubbell’s EVP for Electrical Solutions received new restricted stock and stock appreciation rights awards as part of his equity compensation.
Rhea-AI Filing Summary
HUBBELL INC (HUBB) reported that executive officer Mark Eugene Mikes, EVP and President of Electrical Solutions, received equity-based compensation on September 15, 2026. He was granted 1,133 shares of restricted common stock, which fully vest on the third anniversary of the grant date, and 4,273 stock appreciation rights tied to an equal number of common shares, with an exercise price of $441.21 per share and an expiration date of September 15, 2036. After these awards, he directly owns 4,372 shares of common stock. The stock appreciation rights vest in three equal annual installments beginning on September 15, 2027, and no Rule 10b5-1 trading plan is reported for these awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 5,406 shares
Grant/Award
2 txns
Insider
Mikes Mark Eugene
Role
EVP, Pres Electrical Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Rights F2 | 4,273 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 1,133 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Appreciation Rights — 4,273 contracts (Direct);
Common Stock — 4,372 shares (Direct)
Footnotes (2)
- F1. Restricted stock grant, all of which vests on the third anniversary of the date of grant.
- F2. The stock appreciation right vests and becomes exercisable in three equal annual installments beginning on September 15, 2027.
Key Figures
Restricted stock granted: 1,133 shares
Stock appreciation rights granted: 4,273 rights
Exercise price of stock appreciation rights: $441.21 per share
+3 more
6 metrics
Restricted stock granted
1,133 shares
Restricted common stock award to Mark Eugene Mikes on September 15, 2026
Stock appreciation rights granted
4,273 rights
Stock appreciation rights award on September 15, 2026, tied to common stock
Exercise price of stock appreciation rights
$441.21 per share
Exercise price for 4,273 stock appreciation rights granted on September 15, 2026
Expiration date of stock appreciation rights
September 15, 2036
Expiry of the stock appreciation rights granted to Mark Eugene Mikes
Common shares held after grants
4,372 shares
Direct ownership of Hubbell common stock by Mark Eugene Mikes after September 15, 2026 awards
Vesting schedule of stock appreciation rights
Three equal annual installments
Stock appreciation rights vesting beginning on September 15, 2027
Key Terms
Stock Appreciation Rights, restricted stock, vests, exercise price
4 terms
Stock Appreciation Rights financial
"The stock appreciation right vests and becomes exercisable in three equal annual installments"
Stock appreciation rights (SARs) are a form of employee compensation that give the holder the right to receive the increase in a company's stock price over a set baseline, paid in cash or shares, without having to buy the stock. For investors, SARs matter because they can create future cash outflows or share dilution and signal how a company rewards and motivates executives — similar to giving a bonus tied directly to how well the company’s stock performs.
restricted stock financial
"Restricted stock grant, all of which vests on the third anniversary of the date of grant"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vests financial
"all of which vests on the third anniversary of the date of grant"
exercise price financial
"The stock appreciation right vests and becomes exercisable in three equal annual installments"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did HUBBELL INC (HUBB) grant to Mark Eugene Mikes on September 15, 2026?
On September 15, 2026, Mark Eugene Mikes received 1,133 shares of restricted common stock and 4,273 stock appreciation rights, each tied to one share of common stock, as part of his equity-based compensation.
How do the restricted stock awards for HUBB executive Mark Eugene Mikes vest?
The filing states the 1,133 restricted shares granted to Mark Eugene Mikes are a restricted stock grant, all of which vests on the third anniversary of the date of grant.
What are the key terms of the stock appreciation rights granted by HUBB to Mark Eugene Mikes?
Mark Eugene Mikes received 4,273 stock appreciation rights with an exercise price of $441.21 per share, expiring on September 15, 2036. These rights relate to an equal number of common shares and vest in three equal annual installments beginning on September 15, 2027.
Were the September 15, 2026 HUBB equity awards to Mark Eugene Mikes made under a Rule 10b5-1 trading plan?
No. The filing indicates no Rule 10b5-1 trading plan is reported in connection with the September 15, 2026 equity awards to Mark Eugene Mikes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
