Director Neal Keating awarded deferred stock units at Hubbell (NYSE: HUBB)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hubbell Incorporated director Neal J. Keating acquired 28.619 Directors Deferred Compensation Stock Units on February 13, 2026. These units are credited under Hubbell’s Deferred Plan for Directors, with each unit representing one share of common stock at a unit price equal to the closing share price of $524.12.
After this award, Keating beneficially owned a total of 7,823.442 Directors Deferred Compensation Stock Units, a figure that includes prior awards and reinvested dividends. The deferred units are payable starting six months after his retirement or separation from Hubbell’s board.
Positive
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KEATING NEAL J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Directors Deferred Compensation Stock Units | 28.619 | $524.12 | $15K |
Holdings After Transaction:
Directors Deferred Compensation Stock Units — 7,823.442 shares (Direct)
Footnotes (1)
- Each Directors Deferred Compensation Stock Unit consists of one share of Common Stock credited as units under the Company's Deferred Plan for Directors. Deferred Units are payable commencing six months following the reporting person's retirement or separation from the Board. Unit price consisting of the closing price of one share of Common Stock. This total includes reinvested dividends that have been paid on the individual's Directors Deferred securities.
FAQ
What insider transaction did Hubbell (HUBB) report for director Neal J. Keating?
Hubbell reported that director Neal J. Keating acquired 28.619 Directors Deferred Compensation Stock Units on February 13, 2026. The units were granted under the company’s Deferred Plan for Directors and increase his total beneficially owned deferred units to 7,823.442, including reinvested dividends.
How many Hubbell (HUBB) deferred stock units does Neal J. Keating now hold?
After the latest award, Neal J. Keating beneficially owns 7,823.442 Directors Deferred Compensation Stock Units. This total reflects both current and prior awards and includes reinvested dividends credited on his existing directors deferred securities over time under Hubbell’s Deferred Plan for Directors.
What are Hubbell (HUBB) Directors Deferred Compensation Stock Units?
Hubbell’s Directors Deferred Compensation Stock Units each represent one share of common stock credited as units under the Deferred Plan for Directors. They track the value of Hubbell common shares, with unit counts adjusted over time to reflect awards and reinvested dividends on the director’s deferred holdings.
When can Neal J. Keating receive payment for his Hubbell (HUBB) deferred units?
Deferred units for Neal J. Keating become payable starting six months after he retires from, or otherwise separates from, Hubbell’s board. This delay is built into the company’s Deferred Plan for Directors, which governs timing of payments for accumulated Directors Deferred Compensation Stock Units.
What price was used to value Neal J. Keating’s new Hubbell (HUBB) deferred units?
The new Directors Deferred Compensation Stock Units for Neal J. Keating used a unit price based on the closing price of one Hubbell common share, disclosed as $524.12. That closing share price determines the value at which the 28.619 deferred stock units were credited.
Is Neal J. Keating’s ownership in Hubbell (HUBB) direct or indirect for these deferred units?
For this transaction, Neal J. Keating’s 7,823.442 Directors Deferred Compensation Stock Units are reported as directly owned. The Form 4 identifies his ownership form as “D” for direct, and no footnotes reassign voting or investment power to a separate trust, entity, or related person.