RSU grant adds 1,211 HubSpot (NYSE: HUBS) shares to director’s stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Johnson Claire D'Oyly-Hughes reported acquisition or exercise transactions in this Form 4 filing.
HubSpot Inc. director Claire D'Oyly-Hughes received a grant of 1,211 shares of common stock through a restricted stock unit (RSU) award. 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 contingent right to one HubSpot common share. The RSUs will vest in equal quarterly installments over one year from the grant date, with the final installment vesting on the first anniversary of the grant or immediately before HubSpot's 2027 annual meeting of stockholders, whichever occurs first. Following this grant, she directly holds 2,839 shares of HubSpot common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Johnson Claire D'Oyly-Hughes
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,211 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,839 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 1,211 shares
Post-grant holdings: 2,839 shares
Grant price: $0.0000 per share
+2 more
5 metrics
RSU grant size
1,211 shares
Restricted stock unit award to director on grant date
Post-grant holdings
2,839 shares
Total HubSpot common stock directly held after transaction
Grant price
$0.0000 per share
Reported transaction price per share for RSU acquisition
Vesting schedule
Quarterly over one year
Equal quarterly installments from grant date to first anniversary
Final vesting condition
By 2027 annual meeting
Final installment vests on first anniversary or before 2027 meeting
Key Terms
restricted stock unit, Stock Option and Incentive Plan, vest in equal quarterly installments, contingent right
4 terms
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.
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 in equal quarterly installments financial
"The restricted stock units will vest in equal quarterly installments over a one-year period from the date of grant,"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of the Company's Common Stock."
FAQ
What did HubSpot (HUBS) director Claire D'Oyly-Hughes receive in this Form 4 filing?
Claire D'Oyly-Hughes received 1,211 restricted stock units, each representing one HubSpot common share. The grant is part of HubSpot's 2024 Stock Option and Incentive Plan and was awarded at no cash cost as equity-based director compensation.
How do the new RSUs for HubSpot (HUBS) vest for Claire D'Oyly-Hughes?
The 1,211 restricted stock units vest in equal quarterly installments over one year from the grant date. The final installment vests on the first anniversary of the grant or immediately before HubSpot's 2027 annual stockholder meeting, whichever occurs first.
What plan governs the RSU award disclosed for HubSpot (HUBS) director Claire D'Oyly-Hughes?
The restricted stock unit grant was made under HubSpot's 2024 Stock Option and Incentive Plan. This plan provides equity-based awards, such as RSUs, as part of the company’s compensation structure for directors and other eligible participants.
Does the HubSpot (HUBS) RSU grant involve any cash transaction for Claire D'Oyly-Hughes?
No cash payment is involved for Claire D'Oyly-Hughes in receiving these RSUs, which were granted at a reported price of $0.0000 per share. She gains shares over time as the restricted stock units vest under the plan’s schedule.