HUBB Form 4: Director Anthony Guzzi Receives 85.935 Deferred Stock Units
Rhea-AI Filing Summary
Insider filing summary: This Form 4 reports that Anthony Guzzi, a Hubbell Incorporated director, was credited with 85.935 Directors Deferred Compensation Stock Units on 08/15/2025. Each unit equals one share of Hubbell common stock and the unit price is shown as $427.65, reflecting the closing share price per unit. After this crediting and including reinvested dividends, Mr. Guzzi’s total beneficial ownership is reported as 33,004.533 shares. Deferred units are payable beginning the fifth business day of January after a director’s retirement or separation from the board.
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Insights
TL;DR: Routine director deferred-compensation credit; increases reported beneficial ownership but represents compensation vesting, not an open-market purchase.
The filing records a non-derivative credit of 85.935 Directors Deferred Compensation Stock Units at a unit price equal to the closing common share price of $427.65 on 08/15/2025. This is a compensation accounting event under the company's director deferred plan rather than an active market purchase or sale. The total beneficial ownership after the credit is 33,004.533 shares, which includes reinvested dividends. For investors, this is a disclosure of insider compensation and ownership, not a change in outstanding shares or immediate liquidity event.
TL;DR: Standard director deferred-compensation reporting; documents plan mechanics and timing for payout after separation.
The Form 4 describes that directors receive deferred stock units under the company’s Deferred Plan for Directors, with payout commencing the fifth business day of January following retirement or separation. The filing clarifies that units convert one-for-one to common shares for recordkeeping and that reinvested dividends are included in the beneficial ownership total. This is a routine governance disclosure aligning with Section 16 reporting obligations and does not indicate a governance change or transaction beyond ordinary compensation crediting.
FAQ
What did Anthony Guzzi report on the HUBB Form 4?
What is the value per unit reported on the HUBB Form 4?
When are the deferred units payable according to the filing?
Does this Form 4 show an open-market purchase or sale for HUBB?
Does the beneficial ownership total include dividends?