HubSpot director reports RSU tax share withholding

HubSpot Inc. director Brian Halligan reported a routine tax-withholding entry and updated indirect holdings.

Rhea-AI Filing Summary

HubSpot Inc. director Brian Halligan reported a routine tax-withholding entry and updated indirect holdings. The company withheld 157 shares of common stock at $262.20 per share to cover taxes tied to the settlement of restricted stock units, a non-market disposition coded as tax withholding.

After this event, Halligan directly holds 353,343 shares of HubSpot common stock. Separately, an additional 102,000 shares are held indirectly by Wolf Investors, LLC, whose sole member is a trust for which Halligan is settlor. He disclaims beneficial ownership of those indirectly held shares except to the extent of any pecuniary interest.

Insider Trade Summary

Exercise Price or Tax Liability: 157 shares

Exercise Price or Tax Liability 2 txns

Insider Halligan Brian

Role Director

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	157	$262.20	$41K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 353,343 shares (Direct); Common Stock — 102,000 shares (Indirect, See footnote)

Footnotes (2)

1. F1. Shares withheld by Issuer to cover taxes associated with settlement of restricted stock units.
2. F2. 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: 157 shares Withholding price: $262.20 per share Direct shares after transaction: 353,343 shares +1 more

4 metrics

Shares withheld for taxes 157 shares Tax withholding on restricted stock units

Withholding price $262.20 per share Value used for RSU tax-withholding shares

Direct shares after transaction 353,343 shares Direct HubSpot common stock held by Halligan

Indirect shares via LLC 102,000 shares HubSpot shares held by Wolf Investors, LLC

Key Terms

restricted stock units, tax-withholding disposition, pecuniary interest, beneficial ownership, +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 for 157 shares of 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.

pecuniary interest financial

"disclaims beneficial ownership of these securities except to the extent, if any, of his pecuniary interest therein"

beneficial ownership financial

"nothing contained in this report shall be an admission that the reporting person is the beneficial owner of these securities"

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.

Section 16 regulatory

"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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did HubSpot (HUBS) director Brian Halligan report in this Form 4?

Brian Halligan reported a tax-withholding disposition and updated his share holdings. HubSpot withheld 157 shares to cover taxes on restricted stock units, and Halligan’s direct and indirect ownership positions were updated accordingly in the filing.

How many HubSpot (HUBS) shares were withheld for taxes in this filing?

HubSpot withheld 157 shares of common stock to cover taxes on restricted stock units. The shares were valued at $262.20 each, representing a routine tax-withholding mechanism rather than an open-market sale by director Brian Halligan.

How many HubSpot (HUBS) shares does Brian Halligan hold directly after this Form 4?

After the reported tax withholding, Brian Halligan directly holds 353,343 shares of HubSpot common stock. This figure reflects his post-transaction direct ownership and does not include shares held indirectly through entities such as Wolf Investors, LLC.

What is Wolf Investors, LLC’s role in Brian Halligan’s HubSpot (HUBS) holdings?

Wolf Investors, LLC holds 102,000 HubSpot shares indirectly linked to Brian Halligan. The LLC’s sole member is a trust for which Halligan is settlor, and he disclaims beneficial ownership except for any pecuniary interest he may have in those securities.

Is the HubSpot (HUBS) Form 4 transaction an open-market sale by Brian Halligan?

The filing reflects a tax-withholding disposition, not an open-market sale. HubSpot withheld 157 shares to satisfy tax obligations on restricted stock units, meaning the shares went to the issuer rather than being sold on the open market.

What does it mean that Brian Halligan disclaims beneficial ownership of some HubSpot (HUBS) shares?

Halligan states he disclaims beneficial ownership of shares held by Wolf Investors, LLC, except for any pecuniary interest. This means he does not claim full ownership or control for regulatory purposes, even though the trust structure is associated with him.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 06/02/2026 - 05:28 PM EDT Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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 MASSACHUSETTS 02141

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

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

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

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

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	06/01/2026		F(1)		157	D	$262.2	353,343	D
Common Stock								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. Shares withheld by Issuer to cover taxes associated with settlement of restricted stock units.

2. 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.

	/s/ Joseph Theis, attorney-in-fact	06/02/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)