Hubbell (HUBB) insider sells 2,470 at $466.50 after SARs
Hubbell Incorporated (HUBB): Form 4 insider activity Officer Mark E. Mikes, President Electrical Solutions, reported multiple transactions on 11/05/2025.
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Rhea-AI Filing Summary
Hubbell Incorporated (HUBB): Form 4 insider activity
Officer Mark E. Mikes, President Electrical Solutions, reported multiple transactions on 11/05/2025. He exercised stock appreciation rights for a total of 6,551 shares at exercise prices of $105.485, $149.49, and $163.26. To cover taxes, the issuer withheld 4,081 shares at reported prices of $466.2175, $466.98, and $466.72. He also sold 2,470 shares at a weighted average price of $466.4993. Following these transactions, he held 4,785 shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Rights | 1,539 | $0.00 | $0.00 |
| Exercise | Stock Appreciation Rights | 2,466 | $0.00 | $0.00 |
| Exercise | Stock Appreciation Rights | 2,546 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,539 | $105.485 | $162K |
| Exercise Price or Tax Liability | Common Stock | 889 | $466.2175 | $414K |
| Exercise | Common Stock | 2,466 | $149.49 | $369K |
| Exercise Price or Tax Liability | Common Stock | 1,550 | $466.98 | $724K |
| Exercise | Common Stock | 2,546 | $163.26 | $416K |
| Exercise Price or Tax Liability | Common Stock | 1,642 | $466.72 | $766K |
| Sale | Common Stock | 2,470 | $466.4993 | $1.15M |
Footnotes (5)
- F1. 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.
- F2. The transaction was executed in multiple trades at prices ranging from $466.465 to $466.73. The price reported above reflects 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 reported on this Form 4.
- F3. The stock appreciation right vested and became exercisable in three equal annual installments beginning on December 14, 2019.
- F4. The stock appreciation right vested and became exercisable in three equal annual installments beginning on February 13, 2021.
- F5. The stock appreciation right vested and became exercisable in three equal annual installments beginning on February 10, 2022.
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