Director at HubSpot (NYSE: HUBS) receives 1,211-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Simons Jay reported acquisition or exercise transactions in this Form 4 filing.
HUBSPOT INC director Jay Simons received an equity award of 1,211 shares of Common Stock in the form of restricted stock units under the company’s 2024 Stock Option and Incentive Plan. Each restricted stock unit represents a contingent right to one HubSpot share. The units will vest in equal quarterly installments over one year from the grant date, with the final installment vesting on the first anniversary of the grant or, if earlier, immediately before HubSpot’s 2027 annual meeting of stockholders. Following this grant, Simons directly holds 8,453 shares of HubSpot common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Simons Jay
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,211 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 8,453 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 1,211 shares
Grant price per share: $0.0000 per share
Post-transaction holdings: 8,453 shares
+2 more
5 metrics
RSU grant size
1,211 shares
Restricted stock units awarded to Jay Simons
Grant price per share
$0.0000 per share
Compensation grant, not open-market purchase
Post-transaction holdings
8,453 shares
Jay Simons’ direct HubSpot common stock after grant
Vesting schedule
Quarterly over one year
Equal installments from grant date to first anniversary
Final vesting trigger
By 2027 annual meeting
Final installment vests earlier of first anniversary or 2027 meeting
Key Terms
restricted stock unit, 2024 Stock Option and Incentive Plan, vest, annual meeting of stockholders
4 terms
restricted stock unit financial
"These shares were acquired pursuant to a restricted stock unit award under the Company's 2024 Stock Option and Incentive Plan."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
2024 Stock Option and Incentive Plan financial
"These shares were acquired pursuant to a restricted stock unit award under the Company's 2024 Stock Option and Incentive Plan."
vest financial
"The restricted stock units will vest in equal quarterly installments over a one-year period from the date of grant."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of stockholders financial
"with the final installment vesting upon the first anniversary of such grant date (or, if earlier, immediately prior to the Company's 2027 annual meeting of stockholders)."
FAQ
What did HubSpot (HUBS) director Jay Simons report in this Form 4?
Jay Simons reported receiving 1,211 restricted stock units of HubSpot common stock as an equity award. These units were granted under HubSpot’s 2024 Stock Option and Incentive Plan and increase his direct holdings to 8,453 shares after the transaction.
How will Jay Simons’ new HubSpot (HUBS) restricted stock units vest?
The 1,211 restricted stock units will vest in equal quarterly installments over a one-year period from the grant date. The final installment vests on the first anniversary of the grant or immediately before HubSpot’s 2027 annual meeting of stockholders, whichever occurs first.
What are Jay Simons’ HubSpot (HUBS) holdings after this Form 4 transaction?
After this award, Jay Simons directly holds 8,453 shares of HubSpot common stock. This figure includes the impact of the 1,211-share restricted stock unit grant reported in the Form 4 filing for the specified transaction date.
Under which plan were Jay Simons’ new HubSpot (HUBS) RSUs granted?
The 1,211 restricted stock units granted to Jay Simons were issued under HubSpot’s 2024 Stock Option and Incentive Plan. This plan governs stock-based compensation awards such as restricted stock units for eligible participants, including company directors.
Is Jay Simons’ HubSpot (HUBS) Form 4 transaction a market purchase or sale?
The Form 4 transaction is a compensation-related grant, not a market trade. It is coded as an acquisition (A) for 1,211 restricted stock units, representing a grant or award under HubSpot’s 2024 Stock Option and Incentive Plan, with no open-market buying or selling.