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Hubbell (HUBB) CEO reports equity award vesting and tax share withholding

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Hubbell Incorporated Chairman, President & CEO Gerben Bakker reported equity award vesting and related tax withholdings in company stock. On February 10, 2026, he acquired 7,636 common shares from a performance share award tied to adjusted operating profit margin and 6,490 shares from a separate award tied to relative total shareholder return, both at no cost.

To cover taxes upon vesting, 3,539 shares and 3,008 shares were disposed of at a price of $505.37 per share through share withholding, not open-market selling. After these transactions, Bakker directly beneficially owned 71,999 shares of Hubbell common stock.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
BAKKER GERBEN

(Last) (First) (Middle)
C/O HUBBELL INCORPORATED
40 WATERVIEW DRIVE

(Street)
SHELTON CT 06484

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HUBBELL INC [ HUBB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman, President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/10/2026 A 7,636(1) A $0 72,056 D
Common Stock 02/10/2026 F 3,539(2) D $505.37 68,517 D
Common Stock 02/10/2026 A 6,490(3) A $0 75,007 D
Common Stock 02/10/2026 F 3,008(2) D $505.37 71,999 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares of the Company's Common Stock acquired upon the vesting of a performance share award granted on February 7, 2023, which vested at 200% of the target amount of the Company's Adjusted Operating Profit Margin (adjusted operating income as a percentage of net sales).
2. Shares withheld for payment of taxes upon vesting of performance shares.
3. Shares of the Company's Common Stock acquired upon the vesting of a performance share award granted on February 7, 2023, which vested at 170% of a target amount of the Company's Relative Total Shareholder Return (average of the last 20 trading days of the preceding performance period compared to the average of the last 20 trading days of the performance period, with dividends reinvested as shares), as compared to the companies that comprise the S&P Capital Goods 900 Index.
Remarks:
/s/ Katherine A. Lane, Attorney-in-fact for Gerben Bakker 02/12/2026
** Signature of Reporting Person Date
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.

FAQ

What did Hubbell (HUBB) CEO Gerben Bakker report in this Form 4?

Gerben Bakker reported vesting of performance-based stock awards and related tax withholdings. He acquired shares at no cost upon meeting performance goals, while some shares were disposed of to satisfy tax obligations through withholding, leaving him with 71,999 directly owned Hubbell common shares.

How many Hubbell (HUBB) shares did the CEO acquire through award vesting?

On February 10, 2026, Bakker acquired 7,636 Hubbell common shares from a performance share award tied to adjusted operating profit margin and 6,490 shares from a separate award tied to relative total shareholder return, both vesting at above-target levels and at no purchase price.

Were the Hubbell (HUBB) CEO’s Form 4 disposals open-market stock sales?

No. The reported disposals of 3,539 and 3,008 Hubbell shares were for tax withholding. The filing states these shares were withheld to pay taxes due upon vesting of performance shares, rather than discretionary open-market sales by the CEO.

What performance metrics drove the Hubbell (HUBB) CEO’s stock vesting?

One award vested at 200% of target based on Hubbell’s adjusted operating profit margin. Another vested at 170% of target based on relative total shareholder return versus companies in the S&P Capital Goods 900 Index, using dividend-reinvested returns over specified trading-day averages.

How many Hubbell (HUBB) shares does the CEO own after these transactions?

Following the February 10, 2026 transactions, Gerben Bakker directly beneficially owned 71,999 shares of Hubbell common stock. This figure reflects both the newly vested performance share awards and the shares disposed of to cover associated tax liabilities through share withholding.

What transaction codes appear in the Hubbell (HUBB) CEO’s Form 4 filing?

The filing shows code “A” for grant, award, or other acquisition of Hubbell common stock from performance share vesting at no cost, and code “F” for dispositions where shares were delivered or withheld to satisfy tax liabilities triggered by the vesting of those performance shares.
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Electrical Equipment & Parts
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United States
SHELTON