Hubbell (HUBB) executive sells 2,601 shares and receives new stock awards
Rhea-AI Filing Summary
Hubbell Inc. President Electrical Solutions Mark Eugene Mikes reported multiple equity transactions involving company stock and awards. On February 17, 2026, he sold 2,601 shares of common stock at $523.73 per share in an open-market transaction, leaving him with 2,592 common shares directly owned afterward.
On the same date, he received equity awards. He was granted 2,563 stock appreciation rights at a price of $0.00 per right, with all 2,563 rights outstanding after the grant. According to the filing, this stock appreciation right vests and becomes exercisable in three equal annual installments beginning on February 17, 2027.
He also acquired a restricted stock grant of 628 common shares at a price of $0.00 per share, increasing his direct common stock holdings to 3,220 shares following that award. The restricted stock grant vests in full on the third anniversary of the grant date, meaning all 628 shares are scheduled to vest together three years after February 17, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Right | 2,563 | $0.00 | -- |
| Sale | Common Stock | 2,601 | $523.73 | $1.36M |
| Grant/Award | Common Stock | 628 | $0.00 | -- |
Footnotes (1)
- Restricted stock grant, all of which vests on the third anniversary of the date of grant. The stock appreciation right vests and becomes exercisable in three equal annual installments beginning on February 17, 2027.