HubSpot CTO buys 10,000 shares in open market
HubSpot Inc.’s Chief Technology Officer and director Dharmesh Shah reported an open-market purchase of 10,000 shares of common stock.
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Form Type
4
Rhea-AI Filing Summary
HubSpot Inc.’s Chief Technology Officer and director Dharmesh Shah reported an open-market purchase of 10,000 shares of common stock. The weighted average purchase price was about $181.37 per share, with individual trades executed between $181.13 and $182.10.
Following this transaction, Shah directly holds 1,295,400 shares of HubSpot common stock. Separately, 11,000 shares are held by the Polaris I Trust and 16,000 shares are held by the Polaris II Trust, where Shah serves as trustee and disclaims beneficial ownership beyond his pecuniary interest.
Insider Trade Summary
Net Buyer: 10,000 shares
Net Buy
3 txns
Insider
Shah Dharmesh
Role
Chief Technology Officer
Bought
10,000 shs ($1.81M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 10,000 | $181.37 | $1.81M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,295,400 shares (Direct);
Common Stock — 27,000 shares (Indirect, See Footnote.)
Footnotes (3)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $181.13 to $182.10, inclusive. The reporting person undertakes to provide to HubSpot, Inc., any security holder of HubSpot, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range.
- F2. Shares held by the Polaris I Trust, for which Dharmesh Shah serves as trustee. The reporting person disclaims beneficial ownership of these securities in excess of his pecuniary interest therein, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F3. Shares held by the Polaris II Trust, for which Dharmesh Shah serves as trustee. The reporting person disclaims beneficial ownership of these securities in excess of his pecuniary interest therein, and the filing of this report is not 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 purchased: 10,000 shares
Weighted average purchase price: $181.37 per share
Purchase price range: $181.13–$182.10 per share
+3 more
6 metrics
Shares purchased
10,000 shares
Open-market purchase of HubSpot common stock
Weighted average purchase price
$181.37 per share
Open-market purchase on the reported date
Purchase price range
$181.13–$182.10 per share
Range of prices for multiple purchase trades
Direct holdings after transaction
1,295,400 shares
Direct HubSpot common stock owned by Dharmesh Shah
Polaris I Trust holdings
11,000 shares
Shares held by Polaris I Trust, Shah as trustee
Polaris II Trust holdings
16,000 shares
Shares held by Polaris II Trust, Shah as trustee
Key Terms
open-market purchase, weighted average price, beneficial ownership, pecuniary interest, +1 more
5 terms
open-market purchase financial
"reported an open-market purchase of 10,000 shares of common stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these securities in excess of his pecuniary interest"
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
"disclaims beneficial ownership of these securities in excess of his pecuniary interest therein"
trustee financial
"Shares held by the Polaris I Trust, for which Dharmesh Shah serves as trustee."
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HubSpot (HUBS) report for Dharmesh Shah?
HubSpot reported that CTO and director Dharmesh Shah executed an open-market purchase of 10,000 shares of common stock. This transaction reflects a direct increase in his equity stake, alongside existing direct and trust-related holdings disclosed in the same filing.
What indirect HubSpot (HUBS) holdings are associated with Dharmesh Shah?
The filing shows 11,000 HubSpot shares held by the Polaris I Trust and 16,000 shares held by the Polaris II Trust. Dharmesh Shah serves as trustee for both trusts and disclaims beneficial ownership beyond his pecuniary interest in these securities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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