HUBB Insider Filing: 366 Restricted Shares Granted to Director Edward Baine
Rhea-AI Filing Summary
Edward H. Baine, a director of Hubbell Incorporated (HUBB), was granted 366 shares of common stock on 08/29/2025 as restricted stock that will vest on the date of the company's next regularly scheduled annual meeting of shareholders in 2026. The grant was recorded as having a price of $0 and, following the reported transaction, Mr. Baine is shown as beneficially owning 366 shares directly. The Form 4 filing was signed on behalf of Mr. Baine by an attorney-in-fact on 09/03/2025. No derivative transactions or cash purchases are reported in this filing.
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Insights
TL;DR: Routine director restricted-share grant; aligns director with shareholders but appears immaterial in size.
The filing documents a standard restricted stock grant of 366 common shares to a director, vesting at the next annual meeting in 2026. Such awards are commonly used to align outside directors with shareholder interests. The grant price is reported as $0, indicating this is a compensation issuance rather than a market purchase. The relatively small number of shares suggests this is a routine compensation event rather than a materially dilutive or governance-changing action.
TL;DR: No cash outlay or option activity; transaction is administrative and non-market-moving based on disclosed data.
The Form 4 shows only a non-derivative acquisition of 366 shares with a zero price, classified as restricted stock that vests at next annual meeting. There are no sales, exercises, or derivative positions reported. For investors, this filing provides transparency about insider compensation but contains no information indicating a change in ownership concentration or market-significant insider buying or selling.