Hubbell (NYSE: HUBB) VP Del Nero has 84 shares withheld for taxes
Rhea-AI Filing Summary
Hubbell Inc. vice president and controller Jonathan M. Del Nero reported a tax-related share withholding tied to equity compensation. On 02/06/2026, 84 shares of Hubbell common stock were withheld at a price of $497.60 per share to cover taxes upon vesting of restricted shares. After this administrative transaction, Del Nero directly beneficially owned 5,014 shares of Hubbell common stock.
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FAQ
What insider transaction did HUBB vice president Jonathan Del Nero report?
Jonathan M. Del Nero reported a tax-related share withholding. On 02/06/2026, 84 Hubbell Inc. common shares were withheld to satisfy tax obligations upon vesting of restricted shares, an administrative step rather than an open-market sale.
How many HUBB shares were withheld and at what price on this Form 4?
The filing shows 84 shares of Hubbell Inc. common stock withheld at $497.60 per share. The shares were used to pay taxes arising from the vesting of restricted shares, according to the explanation of responses.
How many Hubbell (HUBB) shares does Jonathan Del Nero own after the transaction?
Following the reported transaction, Jonathan M. Del Nero directly beneficially owned 5,014 shares of Hubbell Inc. common stock. This figure reflects his holdings after the 84-share withholding for tax payment on vested restricted shares.
What does transaction code F mean in the HUBB insider filing?
Transaction code F indicates shares were used to pay taxes in connection with equity awards. In this case, 84 Hubbell Inc. shares were withheld upon vesting of restricted shares to satisfy tax obligations, rather than being sold on the open market.
What is Jonathan Del Nero’s role at Hubbell Inc. in this Form 4?
Jonathan M. Del Nero is identified as an officer of Hubbell Inc., serving as vice president and controller. The Form 4 reports his beneficial ownership and the tax-related share withholding tied to restricted stock vesting.