HubSpot (NYSE: HUBS) CLO has 259 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HubSpot Inc.'s Chief Legal Officer Erika Ashley Fisher reported a routine tax-withholding transaction involving 259 shares of common stock. The shares were withheld by the company to cover taxes due on the settlement of restricted stock units, rather than sold on the open market. After this withholding, Fisher directly holds 16,011 shares of HubSpot common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FISHER ERIKA ASHLEY
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 259 | $262.20 | $68K |
Holdings After Transaction:
Common Stock — 16,011 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 259 shares
Withholding reference price: $262.20 per share
Shares held after transaction: 16,011 shares
3 metrics
Shares withheld for taxes
259 shares
Tax-withholding disposition on common stock
Withholding reference price
$262.20 per share
Price used for 259-share tax withholding
Shares held after transaction
16,011 shares
Direct HubSpot common stock holdings post-withholding
Key Terms
restricted stock units, tax-withholding disposition, Form 4, Chief Legal Officer
4 terms
restricted stock units financial
"Shares withheld by Issuer to cover taxes associated with settlement of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition related to Common Stock"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) reporting the transaction"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Chief Legal Officer financial
"Erika Ashley Fisher serves as Chief Legal Officer of HubSpot Inc."
A chief legal officer is a senior executive responsible for overseeing a company's legal matters, ensuring that its activities comply with laws and regulations. They act like a company's legal guide, helping to prevent legal problems and manage risks. For investors, understanding this role is important because it reflects how well a company manages legal risks that could impact its stability and reputation.
FAQ
What did HubSpot (HUBS) Chief Legal Officer report in this Form 4?
The Chief Legal Officer reported 259 HubSpot common shares withheld to cover taxes on restricted stock unit settlement. This was a tax-withholding disposition by the issuer, not an open-market trade, leaving her with 16,011 directly held shares afterward.
Was the HubSpot (HUBS) insider transaction a stock sale in the market?
No, the transaction was not an open-market sale. HubSpot withheld 259 shares from Erika Ashley Fisher to satisfy tax obligations on vested restricted stock units, a common administrative process rather than a discretionary buy or sell decision.
What does the F transaction code mean in this HubSpot (HUBS) Form 4?
The F code indicates a tax-withholding disposition, where shares are delivered to the issuer to cover exercise price or tax liabilities. Here, 259 HubSpot shares were withheld to pay taxes tied to restricted stock unit settlement.