Hubbell VP reports performance share vesting, tax withholding

Hubbell Inc. vice president and controller Jonathan M. Del Nero reported compensation-related stock activity tied to a performance share award.

Rhea-AI Filing Summary

Hubbell Inc. vice president and controller Jonathan M. Del Nero reported compensation-related stock activity tied to a performance share award. On vesting of this award, he acquired 232 shares of common stock, while 73 shares were withheld to cover taxes at an implied value of $513.18 per share. The performance award, originally granted on February 7, 2023, vested at 147% of its target amount based on Hubbell’s relative sales growth versus companies in the Standard & Poor's Capital Goods 900 Index over a three-year period. Following these transactions, Del Nero directly holds 3,480 Hubbell common shares. No open-market purchases or sales were reported; the filing reflects equity compensation vesting and associated tax withholding.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider DEL NERO JONATHAN M.

Role Vice President, Controller

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	232	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	73	$513.18	$37K

Holdings After Transaction: Common Stock — 3,480 shares (Direct)

Footnotes (2)

1. 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.
2. F2. Shares withheld for payment of taxes upon vesting of performance shares.

Key Figures

Tax-withheld shares: 73 shares Tax-withholding price: $513.18 per share Performance shares awarded: 232 shares +3 more

6 metrics

Tax-withheld shares 73 shares Shares withheld to pay taxes on vesting

Tax-withholding price $513.18 per share Value applied to 73 withheld shares

Performance shares awarded 232 shares Common stock acquired via performance share vesting

Shares held after transactions 3,553 shares Direct Hubbell common stock ownership after Form 4

Vesting level vs. target 147% Performance share award vested above target level

Performance period length 3 years Sales growth measured over three years vs. index peers

Key Terms

performance share award, Standard & Poor's Capital Goods 900 Index, vesting, tax-withholding disposition

4 terms

performance share award financial

"Shares of the Company's Common Stock acquired upon the vesting of a performance share award granted on February 7, 2023"

A performance share award is a type of executive or employee pay that grants company stock only if predefined performance goals are met over a set period. Think of it as a bonus paid in shares—similar to a savings payout that arrives only if certain targets are hit—so it aligns management incentives with company results and can affect future share count and shareholder value. Investors watch these awards because they influence executive behavior, potential dilution of shares, and signals about expected performance.

Standard & Poor's Capital Goods 900 Index financial

"based upon the Company's relative sales growth as compared to the other companies in the Standard & Poor's Capital Goods 900 Index"

vesting financial

"acquired upon the vesting of a performance share award granted on February 7, 2023"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

tax-withholding disposition financial

"Shares withheld for payment of taxes upon vesting of performance shares."

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

FAQ

What insider transactions did HUBB vice president Jonathan Del Nero report?

Jonathan Del Nero reported vesting-related stock activity, not open-market trades. He received 232 Hubbell common shares from a performance award and had 73 shares withheld to cover taxes, all tied to equity compensation rather than discretionary buying or selling.

How many Hubbell (HUBB) shares does Jonathan Del Nero hold after this Form 4?

After the reported transactions, Jonathan Del Nero directly holds 3,553 shares of Hubbell common stock. This reflects both the newly vested performance shares and the 73 shares withheld for taxes, providing investors a snapshot of his updated equity stake in the company.

What triggered the performance share vesting for Hubbell executive Jonathan Del Nero?

The vesting was triggered by a performance share award granted on February 7, 2023 that vested based on Hubbell’s relative sales growth over three years. Performance was measured against companies in the Standard & Poor's Capital Goods 900 Index, leading to above-target vesting.

At what level did the Hubbell performance share award vest for Jonathan Del Nero?

The performance share award vested at 147% of its target amount. This outcome reflects Hubbell’s relative sales growth compared to peers in the Standard & Poor's Capital Goods 900 Index over a three‑year measurement period, as specified in the award’s performance conditions.

Were Jonathan Del Nero’s Hubbell (HUBB) transactions open-market buys or sales?

No, the filing shows no open-market buying or selling. Shares were acquired through a performance share vesting and 73 shares were disposed of only via tax-withholding, a standard mechanism where shares are withheld to satisfy tax obligations on vested equity awards.

What price was used for the tax-withholding shares in the Hubbell Form 4?

The 73 shares withheld for taxes were valued at $513.18 per share. This price is used solely for calculating the tax-withholding disposition amount on the vesting date and does not indicate a separate open-market sale or purchase transaction in Hubbell stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/07/2026 - 04:34 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

DEL NERO JONATHAN M.

(Last) (First) (Middle)

C/O HUBBELL INCORPORATED

40 WATERVIEW DRIVE

(Street)

SHELTON CONNECTICUT 06484

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HUBBELL INC [ HUBB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vice President, Controller

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/05/2026		A		232(1)	A	$0	3,553	D
Common Stock	05/05/2026		F		73(2)	D	$513.18	3,480	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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 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.

2. Shares withheld for payment of taxes upon vesting of performance shares.

Remarks:

	/s/ Katherine A. Lane, Attorney-in-fact for Jonathan M. Del Nero	05/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)