Hubbell (NYSE: HUBB) CHRO exercises SARs and sells common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hubbell Inc. Chief Human Resources Officer Alyssa R. Flynn reported equity transactions dated February 6, 2026. She exercised 1,830 stock appreciation rights at an exercise price of $149.49 per share, receiving an equivalent number of common shares.
The company withheld 171 shares at $497.60 to cover taxes on vested restricted stock and 963 shares at $497.05 to cover taxes related to the stock appreciation right exercise. Flynn also sold 867 shares at a weighted-average price of about $497.096 and 361 shares at $497.225. After these transactions, she directly owned 2,711 shares of Hubbell common stock, and the reported stock appreciation right position was reduced to zero.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,228 shares ($610,480)
Net Sell
6 txns
Insider
FLYNN ALYSSA R
Role
Chief Human Resources Officer
Sold
1,228 shs ($610K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Rights | 1,830 | $0.00 | -- |
| Tax Withholding | Common Stock | 171 | $497.60 | $85K |
| Exercise | Common Stock | 1,830 | $149.49 | $274K |
| Tax Withholding | Common Stock | 963 | $497.05 | $479K |
| Sale | Common Stock | 867 | $497.096 | $431K |
| Sale | Common Stock | 361 | $497.225 | $179K |
Holdings After Transaction:
Stock Appreciation Rights — 0 shares (Direct);
Common Stock — 3,072 shares (Direct)
Footnotes (1)
- Shares withheld for payment of taxes upon vesting of restricted shares. 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. The transaction was executed in multiple trades at prices ranging from $497.05 - 497.29. The price reported above reflected 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 on this Form 4. The stock appreciation right vested and became exercisable in three equal annual installments beginning on February 13, 2021.
FAQ
What insider transaction did Hubbell (HUBB) report for Alyssa R. Flynn?
Hubbell’s Chief Human Resources Officer Alyssa R. Flynn exercised 1,830 stock appreciation rights and received 1,830 common shares. On the same date, shares were withheld for taxes and additional shares were sold in the market, leaving her with 2,711 directly owned Hubbell shares.
What do the Form 4 transaction codes M, F, and S mean in the Hubbell (HUBB) filing?
In this Form 4, code M shows Alyssa Flynn’s exercise of 1,830 stock appreciation rights into common shares. Code F reflects shares withheld by Hubbell to pay tax withholding. Code S indicates open-market sales of Hubbell common stock at reported per-share prices around $497.
What happened to Alyssa Flynn’s Hubbell (HUBB) stock appreciation rights in this filing?
The filing shows Alyssa Flynn exercised stock appreciation rights covering 1,830 underlying Hubbell shares at an exercise price of $149.49. Following the exercise on February 6, 2026, the number of stock appreciation rights beneficially owned is reported as zero, indicating that position was fully exercised.
How were tax obligations handled in Alyssa Flynn’s Hubbell (HUBB) equity transactions?
The Form 4 states that 171 shares were withheld to cover taxes on vesting of restricted shares. It also notes 963 shares were withheld based on the spread between the stock appreciation right price and market price, with tax withholding for that SAR exercise included in this number.