Hubbell (NYSE: HUBB) GC logs performance share vesting and tax withholding in Form 4
Rhea-AI Filing Summary
Hubbell Incorporated senior executive Katherine Anne Lane reported equity compensation activity involving company common stock. On February 10, 2026, she acquired 1,300 shares at $0 upon vesting of a performance share award tied to adjusted operating profit margin that vested at 200% of its target. The same day, 603 shares at $505.37 per share were withheld to cover taxes on vested performance shares.
Also on February 10, she acquired an additional 1,105 shares at $0 from a separate performance share award tied to relative total shareholder return that vested at 170% of its target. In connection with this vesting, 513 shares at $505.37 per share were withheld for taxes. After these transactions, her directly held beneficial ownership balances disclosed in the form ranged between roughly 15,610 and 16,715 shares at different points in the sequence of transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,300 | $0.00 | -- |
| Tax Withholding | Common Stock | 603 | $505.37 | $305K |
| Grant/Award | Common Stock | 1,105 | $0.00 | -- |
| Tax Withholding | Common Stock | 513 | $505.37 | $259K |
Footnotes (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 200% of the target amount of the Company's Adjusted Operating Profit Margin (adjusted operating income as a percentage of net sales). Shares withheld for payment of taxes upon vesting of performance shares. Shares of the Company's Common Stock acquired upon the vesting of a performance share award granted on February 7, 2023, which vested at 170% of a target amount of the Company's Relative Total Shareholder Return (average of the last 20 trading days of the preceding performance period compared to the average of the last 20 trading days of the performance period, with dividends reinvested as shares), as compared to the companies that comprise the S&P Capital Goods 900 Index.