Hubbell (NYSE: HUBB) CEO exercises stock rights and sells shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 25,233 shares ($12,590,627)
Net Sell
18 txns
Insider
BAKKER GERBEN
Role
Chairman, President & CEO
Sold
25,233 shs ($12.59M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Right | 9,845 | $0.00 | -- |
| Exercise | Stock Appreciation Right | 20,000 | $0.00 | -- |
| Tax Withholding | 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 |
| Tax Withholding | Common Stock | 6,312 | $494.145 | $3.12M |
| Tax Withholding | 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 |
Holdings After Transaction:
Stock Appreciation Right — 0 shares (Direct);
Common Stock — 79,420 shares (Direct)
Footnotes (1)
- Shares withheld for payment of taxes upon vesting of restricted shares. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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.
FAQ
What insider transactions did HUBB CEO Gerben Bakker report on February 6, 2026?
Gerben Bakker reported exercising stock appreciation rights and selling common shares on February 6, 2026. He converted 9,845 rights at $163.26 and 20,000 at $185.87 into stock, and then executed multiple open-market sales at prices around $494–$503 per share.
What stock appreciation rights did the Hubbell (HUBB) CEO exercise in this Form 4 filing?
Bakker exercised two stock appreciation right awards, covering 9,845 and 20,000 underlying shares. The rights had exercise prices of $163.26 and $185.87 per share, respectively, and converted into common stock before related tax-withholding and sale transactions disclosed in the same Form 4.
At what prices did the Hubbell (HUBB) CEO sell common stock on February 6, 2026?
Bakker sold multiple blocks of Hubbell common stock at weighted average prices ranging from about $494.22 to $503.43 per share. Each sale line represents trades executed in price ranges detailed in the footnotes, with full breakdowns available upon regulatory request.