Hubbell (HUBB) president reports performance share vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hubbell Incorporated officer Mark E. Mikes, President Electrical Solutions, reported equity compensation activity in company common stock. On February 10, 2026, he acquired 548 shares upon vesting of a performance share award tied to Adjusted Operating Profit Margin that vested at 200% of target, and 464 shares from a separate performance award tied to Relative Total Shareholder Return that vested at 170% of target.
To cover related tax obligations, 167 and 141 shares were withheld at a price of $505.37 per share. Following these transactions, he directly held 5,193 shares of Hubbell common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Mikes Mark Eugene
Role
President Electrical Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 548 | $0.00 | -- |
| Tax Withholding | Common Stock | 167 | $505.37 | $84K |
| Grant/Award | Common Stock | 464 | $0.00 | -- |
| Tax Withholding | Common Stock | 141 | $505.37 | $71K |
Holdings After Transaction:
Common Stock — 5,037 shares (Direct)
Footnotes (1)
- Shares of the Company's Common Stock acquired upon the vesting of a performance share award granted on February 7, 2023, which vested at 200% of the target amount of the Company's Adjusted Operating Profit Margin (adjusted operating income as a percentage of net sales). Shares withheld for payment of taxes upon vesting of performance shares. Shares of the Company's Common Stock acquired upon the vesting of a performance share award granted on February 7, 2023, which vested at 170% of a target amount of the Company's Relative Total Shareholder Return (average of the last 20 trading days of the preceding performance period compared to the average of the last 20 trading days of the performance period, with dividends reinvested as shares), as compared to the companies that comprise the S&P Capital Goods 900 Index.
FAQ
What insider transactions did HUBB executive Mark E. Mikes report?
Mark E. Mikes reported equity compensation activity in Hubbell common stock. On February 10, 2026, performance share awards vested into 548 and 464 shares, with 167 and 141 shares withheld to cover tax obligations at $505.37 per share.
What is Mark E. Mikes’s role at Hubbell Inc (HUBB)?
Mark E. Mikes is an officer of Hubbell Incorporated, serving as President Electrical Solutions. His Form 4 filing reflects changes in his directly held Hubbell common stock due to vesting of performance share awards and related tax-withholding share dispositions.