Hubbell executive granted stock and SAR awards
Gumbs Gregory reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Gumbs Gregory reported acquisition or exercise transactions in this Form 4 filing.
Hubbell Inc. reported that Gregory Gumbs, President, Utility Solutions, received equity awards as part of his compensation. He was granted 2,563 Stock Appreciation Rights, bringing his total Stock Appreciation Rights to 2,563. He also received a restricted stock grant of 628 shares of common stock, increasing his directly held common stock to 3,367 shares.
According to the terms, all of the restricted stock vests on the third anniversary of the grant date, while the Stock Appreciation Rights vest and become exercisable in three equal annual installments beginning on February 17, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Right | 2,563 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 628 | $0.00 | $0.00 |
Footnotes (2)
- F1. Restricted stock grant, all of which vests on the third anniversary of the date of grant.
- F2. The stock appreciation right vests and becomes exercisable in three equal annual installments beginning on February 17, 2027.
FAQ
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