HubSpot (NYSE: HUBS) CEO covers RSU tax bill through share withholding

Filing Impact

(Very High)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

HUBSPOT INC Chief Executive Officer & Pres Yamini Rangan reported a routine tax-withholding share disposition related to equity compensation. On the settlement of restricted stock units, 2,139 shares of common stock were withheld by the company to cover associated taxes, at $242.79 per share. After this non‑market transaction, Rangan holds 97,637 shares directly and 8,170 shares indirectly through the KK 2024 GRAT Grantor Retained Annuity Trust dated March 1, 2024, for which she serves as trustee.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Rangan Yamini

Role Chief Executive Officer & Pres

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	2,139	$242.79	$519K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 97,637 shares (Direct); Common Stock — 8,170 shares (Indirect, See Footnote.)

Footnotes (1)

Shares withheld by Issuer to cover taxes associated with settlement of restricted stock units. Shares held by the KK 2024 GRAT Grantor Retained Annuity Trust dated March 1, 2024 for which the Reporting Person is the trustee.

Key Figures

Shares withheld for taxes: 2,139 shares Withholding price per share: $242.79 per share Direct shares after transaction: 97,637 shares +1 more

4 metrics

Shares withheld for taxes 2,139 shares Common stock withheld to cover RSU-related taxes

Withholding price per share $242.79 per share Value used for 2,139 withheld shares

Direct shares after transaction 97,637 shares Direct HUBS common stock held after tax withholding

Indirect shares via KK 2024 GRAT 8,170 shares Indirect HUBS common stock held through GRANTOR RETAINED ANNUITY TRUST

Key Terms

restricted stock units, Grantor Retained Annuity Trust, tax-withholding disposition

3 terms

restricted stock units financial

"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.

Grantor Retained Annuity Trust financial

"KK 2024 GRAT Grantor Retained Annuity Trust dated March 1, 2024"

A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.

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.

Form 4 Insider Transactions: What Each Field Means →

04/03/2026 - 04:06 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^*

Rangan Yamini

(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
X	Officer (give title below)	Other (specify below)
	Chief Executive Officer & Pres

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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	04/01/2026		F⁽¹⁾		2,139	D	$242.79	97,637	D
Common Stock								8,170	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 the KK 2024 GRAT Grantor Retained Annuity Trust dated March 1, 2024 for which the Reporting Person is the trustee.

	/s/ Joseph Theis, attorney-in-fact	04/03/2026
	** 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

FAQ

What did HubSpot (HUBS) CEO Yamini Rangan report in this Form 4?

Yamini Rangan reported a tax-withholding disposition of 2,139 HubSpot common shares tied to restricted stock unit settlement. The shares were withheld by the company at $242.79 per share to satisfy tax obligations, rather than sold in the open market.

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

The filing shows 2,139 HubSpot common shares withheld to cover taxes from restricted stock unit settlement. These shares were valued at $242.79 each, representing a non-market disposition handled directly by the issuer instead of an exchange sale.

How many HubSpot (HUBS) shares does Yamini Rangan hold after this transaction?

After the tax-withholding transaction, Yamini Rangan directly holds 97,637 HubSpot common shares. She also has indirect ownership of 8,170 additional shares through the KK 2024 GRAT Grantor Retained Annuity Trust, where she serves as trustee, according to the filing footnote.

Was the HubSpot (HUBS) CEO’s Form 4 transaction an open-market sale?

No, the Form 4 describes a tax-withholding disposition, not an open-market sale. HubSpot withheld 2,139 shares at $242.79 each to cover taxes on restricted stock unit settlement, so there was no discretionary selling into the market by the CEO.

What is the KK 2024 GRAT mentioned in the HubSpot (HUBS) Form 4 footnotes?

The KK 2024 GRAT is a Grantor Retained Annuity Trust dated March 1, 2024 that holds 8,170 HubSpot shares. The footnote states Yamini Rangan is the trustee of this trust, indicating these shares are reported as indirectly owned in the Form 4.