[144] HUBSPOT, INC. SEC Filing

Rhea-AI Filing Summary

HubSpot, Inc. (HUBS) has filed a Form 144 indicating the planned sale of 2,383 common shares on or after 07/02/2025. The planned sale, to be executed through Fidelity Brokerage Services on the NYSE, carries an aggregate market value of $1.31 million. The filing lists 52,737,566 shares outstanding, so the proposed transaction represents roughly 0.0045 % of the float.

The notice also discloses that the same seller—identified as Yamini Rangan (address: Two Canal Park, Cambridge, MA)—has executed three sales in the previous three months totaling 3,675 shares and $2.14 million in gross proceeds (04/02/2025, 04/24/2025, 06/03/2025). All shares being sold were acquired on 07/01/2025 via restricted-stock vesting and are being disposed of as compensation.

No additional financial results or operational updates are included in this filing; the document is limited to disclosure of the proposed insider transaction required under Rule 144.

Positive

• None.

Negative

• Continued insider selling: 6,058 shares sold or filed for sale within three months, which some investors may view as a negative sentiment signal despite the small percentage of float.

Insights

Securities Analyst

TL;DR: Minor insider sale (2,383 shares) worth $1.3 m; size immaterial, but continues recent selling trend.

This Form 144 is a routine notice rather than a mandatory sale. The 2,383-share block equals just 0.0045 % of HubSpot’s outstanding stock and should not meaningfully affect liquidity. However, the same filer has liquidated 3,675 shares over the past quarter, bringing the rolling total to 6,058 shares (~$3.45 m). While the scale is modest for a company of HubSpot’s size, repeated insider disposals can be interpreted by some investors as a cautious signal on near-term valuation. There is no accompanying adverse disclosure, and the shares stem from recently vested restricted stock, suggesting tax or diversification motives rather than a change in business fundamentals.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	2383	1314915.57	52737566	07/02/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/01/2025	Restricted Stock Vesting	Issuer			2383	07/01/2025	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Yamini Rangan Two Canal Park Cambridge MA 02141	Common	04/02/2025	2382	1367077.44
Yamini Rangan Two Canal Park Cambridge MA 02141	Common	04/24/2025	680	408000.00
Yamini Rangan Two Canal Park Cambridge MA 02141	Common	06/03/2025	613	364689.96

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many HubSpot (HUBS) shares are being proposed for sale in the latest Form 144?

2,383 common shares with an estimated market value of $1.31 million.

When is the proposed sale of HUBS shares expected to occur?

Approximately on or after 07/02/2025, according to the Form 144 filing.

What percentage of HubSpot’s total shares does this Form 144 represent?

About 0.0045 % of the 52,737,566 shares outstanding.

Who is the seller named in the HubSpot Form 144 filing?

The filing lists Yamini Rangan with an address at Two Canal Park, Cambridge, MA.

How many HUBS shares has the filer sold in the past three months?

The filer disposed of 3,675 shares between April and June 2025, generating $2.14 million in gross proceeds.