HubSpot (HUBS) director gifts 204,000 shares to Wolf Investors LLC

Rhea-AI Filing Summary

HubSpot Inc. director Brian Halligan reported non-market gifts of common stock. On March 9 and 10, 2026, he made bona fide gifts totaling 204,000 shares of HubSpot common stock, contributing them for no value to Wolf Investors, LLC.

Wolf Investors, LLC is managed by Paul Karger, and Halligan is its sole member. Following these transfers, Halligan holds 379,058 shares directly and 102,000 shares indirectly through Wolf Investors, LLC. He disclaims Section 16 beneficial ownership of the LLC-held shares except to the extent of any pecuniary interest.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Halligan Brian

(Last) (First) (Middle)

C/O HUBSPOT, INC.

2 CANAL PARK

(Street)

CAMBRIDGE MA 02141

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
HUBSPOT INC [ HUBS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/09/2026		G(1)		101,973	D	$0.00	379,085	D
Common Stock	03/09/2026		G(1)		101,973	A	$0.00	101,973	I	See Footnote (1)
Common Stock	03/10/2026		G(2)		27	D	$0.00	379,058	D
Common Stock	03/10/2026		G(2)		27	A	$0.00	102,000	I	See Footnote (2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On March 9, 2026, the reporting person contributed 101,973 shares of the Issuer's common stock to Wolf Investors, LLC for no value. The manager of the LLC is Paul Karger, and the sole member is the reporting person. The reporting person disclaims Section 16 beneficial ownership of the securities except to the extent, if any, of his pecuniary interest therein, and nothing contained in this report shall be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose.

2. On March 10, 2026, the reporting person contributed 27 shares of the Issuer's common stock to Wolf Investors, LLC for no value. The manager of the LLC is Paul Karger, and the sole member is the reporting person. The reporting person disclaims Section 16 beneficial ownership of the securities except to the extent, if any, of his pecuniary interest therein, and nothing contained in this report shall be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose.

	/s/ Joseph Theis, attorney-in-fact	03/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transactions did HubSpot (HUBS) director Brian Halligan report?

Brian Halligan reported bona fide gifts of HubSpot common stock. On March 9 and 10, 2026, he contributed a total of 204,000 shares to Wolf Investors, LLC for no value, indicating non-market, non-cash transfers.

How many HubSpot (HUBS) shares did Brian Halligan gift in this Form 4?

Halligan gifted 204,000 shares of HubSpot common stock. This includes 101,973-share and 27-share contributions on each of two dates, all reported as bona fide gifts with a per-share transaction price of $0.00.

Who received the gifted HubSpot (HUBS) shares from Brian Halligan?

The gifted shares were contributed to Wolf Investors, LLC. The filing states that Wolf Investors, LLC is managed by Paul Karger, while Brian Halligan is the sole member, and the contributions were made for no value.

What are Brian Halligan’s HubSpot (HUBS) holdings after these gifts?

After the reported gifts, Halligan holds 379,058 HubSpot shares directly and 102,000 shares indirectly through Wolf Investors, LLC. The filing notes he disclaims Section 16 beneficial ownership of the LLC-held shares except for any pecuniary interest.

Were Brian Halligan’s HubSpot (HUBS) transactions open-market sales or planned trades?

The transactions were reported as bona fide gifts with a transaction price of $0.00 per share, not open-market sales. The footnotes describe them as contributions to Wolf Investors, LLC for no value, with no reference to trading plans.

Does Brian Halligan claim full beneficial ownership of the LLC-held HubSpot (HUBS) shares?

No. The filing states Halligan disclaims Section 16 beneficial ownership of the securities held by Wolf Investors, LLC, except to the extent of his pecuniary interest. It also clarifies that nothing in the report is an admission of beneficial ownership.