What indirect HUBS holdings related to Brian Halligan are reported?

An additional 76,500 HubSpot shares are held indirectly through Wolf Investors, LLC, whose sole member is the Brian P. Halligan 2026 New Hampshire Trust. Halligan is the settlor of this trust.

HubSpot director has 158 shares withheld for tax

Q: What transaction did HUBS director Brian Halligan report on this Form 4?

He reported a withholding of 158 HubSpot (HUBS) shares on September 1, 2026, used to cover taxes associated with the settlement of restricted stock units, at a reference price of $251.11 per share.

Q: Does Brian Halligan claim full beneficial ownership of the indirectly held HUBS shares?

No. He disclaims beneficial ownership of the shares held through Wolf Investors, LLC, except to the extent, if any, of his pecuniary interest in those securities.

Q: Was this HUBS Form 4 transaction made under a Rule 10b5-1 trading plan?

The filing indicates no Rule 10b5-1 trading plan; the document-level Rule 10b5-1 checkbox is not affirmed for this transaction.

Q: What was the nature of the Form 4 code F transaction for HUBS?

The code F transaction reflects payment of tax liability by delivering or withholding 158 shares of HubSpot common stock in connection with the settlement of restricted stock units.

HubSpot director Brian Halligan reports RSU-related tax withholding and updates his direct and indirect HUBS share holdings.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

HUBSPOT INC (HUBS) director Brian Halligan reported that on September 1, 2026, 158 shares of common stock were withheld by the company to cover taxes associated with the settlement of restricted stock units at $251.11 per share. Following this tax-withholding disposition, he holds 354,025 shares directly and an additional 76,500 shares indirectly through Wolf Investors, LLC, which is owned by the Brian P. Halligan 2026 New Hampshire Trust. He disclaims beneficial ownership of the indirectly held shares except to the extent of any pecuniary interest, and no Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Tax Withholding: 158 shares

Tax Withholding 2 txns

Insider Halligan Brian

Role Director

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock ^F1	158	$251.11	$40K
holding	Common Stock ^F2	--	--	--

Holdings After Transaction: Common Stock — 354,025 shares (Direct); Common Stock — 76,500 shares (Indirect, See footnote)

Footnotes (2)

F1. Shares withheld by Issuer to cover taxes associated with settlement of restricted stock units.
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: 158 shares Reference price per share: $251.11 per share Direct holdings after transaction: 354,025 shares +1 more

4 metrics

Shares withheld for taxes 158 shares Withheld on September 1, 2026 to cover RSU-related tax liability

Reference price per share $251.11 per share Price associated with the 158 withheld shares on September 1, 2026

Direct holdings after transaction 354,025 shares HubSpot common stock held directly by Brian Halligan after September 1, 2026

Indirect holdings 76,500 shares Shares held through Wolf Investors, LLC related to the 2026 New Hampshire Trust

Key Terms

restricted stock units, pecuniary interest, beneficial ownership, settlor, +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.

pecuniary interest financial

"except to the extent, if any, of his pecuniary interest therein"

beneficial ownership regulatory

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

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.

settlor financial

"of which the reporting person is the settlor"

Section 16 regulatory

"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

What transaction did HUBS director Brian Halligan report on this Form 4?

He reported a withholding of 158 HubSpot (HUBS) shares on September 1, 2026, used to cover taxes associated with the settlement of restricted stock units, at a reference price of $251.11 per share.

How many HUBS shares does Brian Halligan hold directly after this transaction?

After the September 1, 2026 tax-withholding transaction, Brian Halligan directly holds 354,025 shares of HubSpot common stock.

Does Brian Halligan claim full beneficial ownership of the indirectly held HUBS shares?

No. He disclaims beneficial ownership of the shares held through Wolf Investors, LLC, except to the extent, if any, of his pecuniary interest in those securities.

Was this HUBS Form 4 transaction made under a Rule 10b5-1 trading plan?

The filing indicates no Rule 10b5-1 trading plan; the document-level Rule 10b5-1 checkbox is not affirmed for this transaction.

What was the nature of the Form 4 code F transaction for HUBS?

The code F transaction reflects payment of tax liability by delivering or withholding 158 shares of HubSpot common stock in connection with the settlement of restricted stock units.

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

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Available on EDGAR 09/02/2026 - 07:00 PM Accepted by SEC EDGAR 09/02/2026 - 06:59 PM

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)
09/01/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	09/01/2026		F⁽¹⁾		158	D	$251.11	354,025	D
Common Stock								76,500	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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/ Melissa Peterson, attorney-in-fact	09/02/2026
	** 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)

Source: View Original Filing on SEC EDGAR