Hubbell (HUBB) executive has 207 shares withheld for taxes on vested stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hubbell Inc. executive Mark Eugene Mikes reported a routine tax-related share disposition. On July 6, 2026, 207 shares of Hubbell common stock were withheld at $494.28 per share to cover taxes upon the vesting of restricted shares.
After this withholding, Mikes directly owned 3,239 shares of Hubbell common stock. This event reflects the mechanics of equity compensation and tax compliance rather than an open-market sale or a change in his investment stance toward the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mikes Mark Eugene
Role
President Electrical Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 207 | $494.28 | $102K |
Holdings After Transaction:
Common Stock — 3,239 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 207 shares
Withholding price per share: $494.28 per share
Shares owned after transaction: 3,239 shares
3 metrics
Shares withheld for taxes
207 shares
Tax-withholding on restricted share vesting, July 6, 2026
Withholding price per share
$494.28 per share
Value used for 207-share tax-withholding disposition
Shares owned after transaction
3,239 shares
Direct Hubbell common stock holdings following tax withholding
Key Terms
restricted shares, tax-withholding disposition, Common Stock
3 terms
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Hubbell (HUBB) report for Mark Eugene Mikes?
Hubbell reported that executive Mark Eugene Mikes had 207 common shares withheld to pay taxes on vested restricted shares. This was a compensation-related tax-withholding event, not an open-market sale or purchase of Hubbell stock.
What are Mark Eugene Mikes’ Hubbell (HUBB) holdings after the reported transaction?
Following the tax-withholding disposition, Mark Eugene Mikes directly owns 3,239 Hubbell common shares. This figure reflects his remaining direct equity position after 207 shares were withheld to satisfy tax liabilities on vested restricted stock.
Was the Hubbell (HUBB) Form 4 transaction an open-market sale or purchase?
No. The Form 4 identifies the transaction as a tax-withholding disposition of 207 shares. The shares were withheld to pay taxes upon restricted share vesting, rather than sold or purchased in the open market by the executive.
What role does Mark Eugene Mikes hold at Hubbell (HUBB) in this Form 4?
The filing lists Mark Eugene Mikes as an officer of Hubbell, serving as President, Electrical Solutions. The reported transaction relates to his equity compensation, specifically restricted shares that vested and triggered associated tax obligations.