Hubbell CEO Bakker exercises SARs, sells shares
Hubbell Inc. Chairman, President & CEO Gerben Bakker reported multiple insider transactions dated February 6, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Hubbell Inc. Chairman, President & CEO Gerben Bakker reported multiple insider transactions dated February 6, 2026. He exercised stock appreciation rights for 9,845 shares at an exercise price of $163.26 and 20,000 shares at $185.87, receiving common stock.
To cover taxes on vested restricted shares and the exercised rights, the company withheld several blocks of common stock, including 2,681, 6,312, and 13,300 shares, at prices around $494–$500 per share. Bakker also sold multiple blocks of common stock on the open market at prices up to about $503.43 per share. After these transactions, he directly owned 64,420 shares of Hubbell common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Right | 9,845 | $0.00 | $0.00 |
| Exercise | Stock Appreciation Right | 20,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,681 | $497.60 | $1.33M |
| Exercise | Common Stock | 9,845 | $163.26 | $1.61M |
| Exercise | Common Stock | 20,000 | $185.87 | $3.72M |
| Exercise Price or Tax Liability | Common Stock | 6,312 | $494.145 | $3.12M |
| Exercise Price or Tax Liability | Common Stock | 13,300 | $494.85 | $6.58M |
| Sale | Common Stock | 700 | $494.2183 | $346K |
| Sale | Common Stock | 2,195 | $495.5104 | $1.09M |
| Sale | Common Stock | 3,453 | $496.5017 | $1.71M |
| Sale | Common Stock | 3,691 | $497.475 | $1.84M |
| Sale | Common Stock | 3,897 | $498.6111 | $1.94M |
| Sale | Common Stock | 2,985 | $499.49 | $1.49M |
| Sale | Common Stock | 2,643 | $500.7144 | $1.32M |
| Sale | Common Stock | 2,729 | $502.914 | $1.37M |
| Sale | Common Stock | 1,919 | $501.5975 | $963K |
| Sale | Common Stock | 871 | $503.3786 | $438K |
| Sale | Common Stock | 150 | $503.43 | $76K |
Footnotes (14)
- F1. Shares withheld for payment of taxes upon vesting of restricted shares.
- F2. The shares withheld by the Issuer were calculated on the spread between the price of the SAR and the market price on the date the SAR was exercised. The payment of withholding taxes for the SAR that was exercised on this date was also included in this number.
- F3. The transaction was executed in multiple trades at prices ranging from $493.79 - $494.665. The price reported above reflected the weighted average sales price. The reporting person hereby undertakes to provide, upon request to the Securities and Exchange Commission staff full information regarding the number of shares sold at each separate price for all transactions on this Form 4.
- F4. The transaction was executed in multiple trades at prices ranging from $494.95 - $495.905. The price reported above reflected the weighted average sales price. The reporting person hereby undertakes to provide, upon request to the Securities and Exchange Commission staff full information regarding the number of shares sold at each separate price for all transactions on this Form 4.
- F5. The transaction was executed in multiple trades at prices ranging from $495.96 - $496.87. The price reported above reflected the weighted average sales price. The reporting person hereby undertakes to provide, upon request to the Securities and Exchange Commission staff full information regarding the number of shares sold at each separate price for all transactions on this Form 4.
- F6. The transaction was executed in multiple trades at prices ranging from $497.11 - $498.06. The price reported above reflected the weighted average sales price. The reporting person hereby undertakes to provide, upon request to the Securities and Exchange Commission staff full information regarding the number of shares sold at each separate price for all transactions on this Form 4.
- F7. The transaction was executed in multiple trades at prices ranging from $498.14 - $499.11. The price reported above reflected the weighted average sales price. The reporting person hereby undertakes to provide, upon request to the Securities and Exchange Commission staff full information regarding the number of shares sold at each separate price for all transactions on this Form 4.
- F8. The transaction was executed in multiple trades at prices ranging from $499.16 - $500.14. The price reported above reflected the weighted average sales price. The reporting person hereby undertakes to provide, upon request to the Securities and Exchange Commission staff full information regarding the number of shares sold at each separate price for all transactions on this Form 4.
- F9. The transaction was executed in multiple trades at prices ranging from $500.24 - 501.23. The price reported above reflected the weighted average sales price. The reporting person hereby undertakes to provide, upon request to the Securities and Exchange Commission staff full information regarding the number of shares sold at each separate price for all transactions on this Form 4.
- F10. The transaction was executed in multiple trades at prices ranging from $502.30 - 503.30. The price reported above reflected the weighted average sales price. The reporting person hereby undertakes to provide, upon request to the Securities and Exchange Commission staff full information regarding the number of shares sold at each separate price for all transactions on this Form 4.
- F11. The transaction was executed in multiple trades at prices ranging from $501.26 - $502.06. The price reported above reflected the weighted average sales price. The reporting person hereby undertakes to provide, upon request to the Securities and Exchange Commission staff full information regarding the number of shares sold at each separate price for all transactions on this Form 4.
- F12. The transaction was executed in multiple trades at prices ranging from $503.31 - $503.41. The price reported above reflected the weighted average sales price. The reporting person hereby undertakes to provide, upon request to the Securities and Exchange Commission staff full information regarding the number of shares sold at each separate price for all transactions on this Form 4.
- F13. The stock appreciation right vested and became exercisable in three equal annual installments beginning on February 10, 2022.
- F14. The stock appreciation right vested and became exercisable in three equal annual installments beginning on February 8, 2023.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did HUBB CEO Gerben Bakker report on February 6, 2026?
What stock appreciation rights did the Hubbell (HUBB) CEO exercise in this Form 4 filing?
At what prices did the Hubbell (HUBB) CEO sell common stock on February 6, 2026?
AI-generated analysis. How Rhea-AI works. Not financial advice.