[Form 4] HUBSPOT INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HubSpot Inc. director Brian Halligan reported a small, routine share disposition related to taxes rather than a market trade. On the settlement of restricted stock units, 266 shares of common stock were withheld by HubSpot to cover associated tax obligations, classified as a tax-withholding disposition.
Following this event, Halligan holds 370,292 shares of HubSpot common stock directly. An additional 102,000 shares are held indirectly by Wolf Investors, LLC, whose sole member is the Brian P. Halligan 2026 New Hampshire Trust. Halligan is the settlor of the trust and disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Halligan Brian
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 266 | $242.79 | $65K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 370,292 shares (Direct);
Common Stock — 102,000 shares (Indirect, See footnote)
Footnotes (1)
- Shares withheld by Issuer to cover taxes associated with settlement of restricted stock units. Shares held by Wolf Investors, LLC (the "LLC"). The manager of the LLC is Paul Karger, and the sole member is the Brian P. Halligan 2026 New Hampshire Trust u/a/d February 19, 2026, of which the reporting person is the settlor. The reporting person disclaims beneficial ownership of these securities except to the extent, if any, of his pecuniary interest therein, and nothing contained in this report shall be an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
Key Figures
Shares withheld for taxes: 266 shares
Withholding price per share: $242.79 per share
Direct shares after transaction: 370,292 shares
+1 more
4 metrics
Shares withheld for taxes
266 shares
Withheld to cover RSU tax liability
Withholding price per share
$242.79 per share
Tax-withholding disposition price
Direct shares after transaction
370,292 shares
Direct HubSpot holdings after April 1, 2026 event
Indirect shares via LLC/trust
102,000 shares
Held by Wolf Investors, LLC linked to 2026 New Hampshire Trust
Key Terms
restricted stock units, tax-withholding disposition, beneficial ownership, pecuniary interest, +1 more
5 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""
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.
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these securities except to the extent, if any, of his pecuniary interest therein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent, if any, of his pecuniary interest therein"
Section 16 regulatory
"shall be an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
