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HubSpot (NYSE: HUBS) grants 1,211 RSUs to board director

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NORRINGTON LORRIE M reported acquisition or exercise transactions in this Form 4 filing.

HubSpot Inc. director Lorrie M. Norrington received a grant of 1,211 restricted stock units (RSUs) of common stock. The award was granted at no cash cost to her as part of the company's 2024 Stock Option and Incentive Plan.

Each RSU represents a right to receive one HubSpot common share, vesting in equal quarterly installments over one year, with the final portion vesting on the first anniversary of the grant date or immediately before the 2027 annual stockholder meeting, whichever comes first. After this grant, she directly holds 4,049 shares of HubSpot common stock.

Positive

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Insider NORRINGTON LORRIE M
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,211 $0.00 --
Holdings After Transaction: Common Stock — 4,049 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 1,211 shares Restricted stock units of common stock granted to director
Post-transaction holdings 4,049 shares Total HubSpot common shares directly held after grant
Grant price per share $0.00 per share Compensation award, not an open-market purchase
Vesting period One year Equal quarterly installments over one year from grant date
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)."
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SEC Form 4
FORM 4UNITED 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*
NORRINGTON LORRIE M

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/16/2026A1,211(1)A$04,049D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These shares were acquired pursuant to a restricted stock unit award under the Company's 2024 Stock Option and Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Company's Common Stock. The restricted stock units will vest in equal quarterly installments over a one-year period from the date of grant, 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).
/s/ Joseph Theis, attorney-in-fact06/17/2026
** Signature of Reporting PersonDate
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)

FAQ

What did HubSpot (HUBS) disclose in this Form 4 for Lorrie M. Norrington?

HubSpot reported that director Lorrie M. Norrington received 1,211 restricted stock units of common stock. The grant came under the 2024 Stock Option and Incentive Plan and increased her direct holdings to 4,049 HubSpot shares after the transaction.

How many HubSpot (HUBS) shares were granted to director Lorrie M. Norrington?

Lorrie M. Norrington was granted 1,211 restricted stock units of HubSpot common stock. Each unit represents a contingent right to receive one share, subject to vesting conditions described in the company’s 2024 Stock Option and Incentive Plan.

What is the vesting schedule for Lorrie M. Norrington’s HubSpot (HUBS) RSU award?

The 1,211 restricted stock units vest in equal quarterly installments over one year. The final installment vests on the first anniversary of the grant date or immediately before HubSpot’s 2027 annual meeting of stockholders, whichever happens earlier.

How many HubSpot (HUBS) shares does Lorrie M. Norrington hold after this Form 4 transaction?

After this grant, Lorrie M. Norrington directly holds 4,049 shares of HubSpot common stock. This total reflects the addition of 1,211 restricted stock units awarded under HubSpot’s 2024 Stock Option and Incentive Plan.

Did Lorrie M. Norrington pay a purchase price for the HubSpot (HUBS) RSUs?

No, the Form 4 shows a price per share of $0.00 for the 1,211 restricted stock units. This indicates the award is part of her director compensation under HubSpot’s 2024 Stock Option and Incentive Plan, not an open-market purchase.