Director Carlos M. Cardoso (HUBB) awarded 341 restricted shares and holds large deferred units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CARDOSO CARLOS M. reported acquisition or exercise transactions in this Form 4 filing.
Hubbell Inc. director Carlos M. Cardoso received a grant of 341 shares of Common Stock as a restricted stock award, bringing his direct Common Stock holdings to 2,068 shares. The restricted stock vests on the date of the next regularly scheduled annual meeting of shareholders to be held in 2027.
Cardoso also holds Directors Deferred Restricted Common Stock Units linked to 8,010.222 underlying Common shares and Directors Deferred Compensation Stock Units linked to 2,413.678 underlying Common shares. These deferred units are payable in shares beginning the fifth business day of January following his retirement or separation from the board, and the balances reflect additional units credited from reinvested dividends.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
CARDOSO CARLOS M.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 341 | $0.00 | -- |
| holding | Directors Deferred Compensation Stock Units | -- | -- | -- |
| holding | Directors Deferred Restricted Common Stock Units | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,068 shares (Direct, null);
Directors Deferred Compensation Stock Units — 2,413.678 shares (Direct, null);
Directors Deferred Restricted Common Stock Units — 8,010.222 shares (Direct, null)
Footnotes (1)
- Restricted stock grant vesting on date of next regularly scheduled Annual Meeting of Shareholders to be held in 2027. Each deferred unit consists of one share of Common Stock credited as units under the Company's Deferred Plan for Directors. Deferred units are payable commencing the fifth business day of January following the reporting person's retirement or separation from the Board. Balance has been updated to reflect additional stock units credited through reinvested dividends that have been paid on the individual's Directors Deferred Compensation Stock Units. Balance has been updated to reflect additional restricted stock units credited through reinvested dividends that have been paid on the individual's Directors Deferred Restricted Common Stock Units.
Key Figures
Restricted stock grant: 341 shares
Direct Common Stock holdings: 2,068 shares
Deferred restricted units underlying shares: 8,010.222 shares
+2 more
5 metrics
Restricted stock grant
341 shares
Common Stock award to director on 2026-05-05
Direct Common Stock holdings
2,068 shares
Shares held directly after grant
Deferred restricted units underlying shares
8,010.222 shares
Directors Deferred Restricted Common Stock Units
Deferred compensation units underlying shares
2,413.678 shares
Directors Deferred Compensation Stock Units
Vesting timing
2027 annual meeting date
Restricted stock grant vesting event
Key Terms
Restricted stock grant, Deferred Plan for Directors, Directors Deferred Restricted Common Stock Units, Directors Deferred Compensation Stock Units, +1 more
5 terms
Restricted stock grant financial
"Restricted stock grant vesting on date of next regularly scheduled Annual Meeting of Shareholders"
A restricted stock grant is an award of company shares given to an employee or executive that cannot be sold or transferred until certain conditions are met, such as staying with the company for a set time or hitting performance goals. For investors, it signals how the company ties pay to future performance and can affect the number of shares outstanding and management’s incentives—think of it as a wrapped gift you only keep once you meet the requirements.
Deferred Plan for Directors financial
"credited as units under the Company's Deferred Plan for Directors"
Directors Deferred Restricted Common Stock Units financial
"Directors Deferred Restricted Common Stock Units"
Directors Deferred Compensation Stock Units financial
"Directors Deferred Compensation Stock Units"
reinvested dividends financial
"additional stock units credited through reinvested dividends"
Reinvested dividends are payouts a shareholder receives from a company that are automatically used to buy additional shares instead of being taken as cash. For investors this acts like planting dividends back into the portfolio so each future payout can come from a slightly larger holding, helping returns compound over time and showing the difference between income you spend today and total growth of your investment.
FAQ
What did HUBB director Carlos M. Cardoso report in this Form 4?
Carlos M. Cardoso reported receiving a grant of 341 shares of Hubbell Common Stock as a restricted stock award. This is a compensation-related acquisition, not an open-market purchase, and increases his directly held Common Stock position.
What are Hubbell Directors Deferred Restricted Common Stock Units reported in this filing?
The Directors Deferred Restricted Common Stock Units represent deferred rights linked to 8,010.222 underlying Hubbell Common shares. Each deferred unit equals one share credited under the company’s Deferred Plan for Directors, with payment beginning after the director leaves the board.
What are Hubbell Directors Deferred Compensation Stock Units and how many does Cardoso have?
The Directors Deferred Compensation Stock Units are deferred stock-based compensation linked to 2,413.678 underlying Hubbell Common shares. Balances in these units are updated for additional stock units credited through reinvested dividends paid on existing deferred compensation units.
When will Carlos M. Cardoso’s Hubbell deferred units become payable?
The deferred units are payable in Hubbell Common Stock commencing the fifth business day of January following Carlos M. Cardoso’s retirement or separation from the board. This structure delays actual share delivery until after his board service ends.