Hubbell CEO receives performance share stock award
Hubbell Inc. Chairman, President & CEO Gerben Bakker reported routine equity compensation activity.
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Rhea-AI Filing Summary
Hubbell Inc. Chairman, President & CEO Gerben Bakker reported routine equity compensation activity. He received 5,781 shares of common stock from a performance share award that vested based on the company’s relative sales growth, and 2,679 shares were withheld to cover taxes. Following these transactions, he directly owns 79,081 shares of Hubbell common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,781 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,679 | $513.18 | $1.37M |
Footnotes (2)
- F1. Shares of the Company's Common Stock acquired upon the vesting of a performance share award granted on February 7, 2023, which vested at 147% of the target amount of the award based upon the Company's relative sales growth as compared to the other companies in the Standard & Poor's Capital Goods 900 Index measured over a three year period.
- F2. Shares withheld for payment of taxes upon vesting of performance shares.
Key Figures
Key Terms
Standard & Poor's Capital Goods 900 Index financial
tax-withholding disposition financial
grant/award acquisition financial
vesting financial
FAQ
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What insider transactions did HUBB CEO Gerben Bakker report on this Form 4?
Does this HUBB Form 4 show any open-market buying or selling by the CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.