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Director Michael J. Berry receives 170-share RSU grant at HubSpot (NYSE: HUBS)

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Form Type
4

Rhea-AI Filing Summary

BERRY MICHAEL J reported acquisition or exercise transactions in this Form 4 filing.

HubSpot Inc. director Michael J. Berry received an equity grant of 170 shares of common stock as a restricted stock unit (RSU) award. The award was granted at no cash cost per share as part of HubSpot’s 2024 Stock Option and Incentive Plan.

Each RSU represents a contingent right to receive one share of HubSpot common stock, and the entire 170-share award vests in full on June 4, 2026, if the vesting conditions are met. Following this grant, Berry directly holds 170 shares, reflecting a routine, compensation-related equity award rather than an open-market purchase.

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Insider BERRY MICHAEL J
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 170 $0.00 --
Holdings After Transaction: Common Stock — 170 shares (Direct)
Footnotes (1)
  1. [object Object]
RSU grant size 170 shares Restricted stock unit award to director Michael J. Berry
Grant price per share $0.00 per share Stated transaction price for RSU grant
Shares held after grant 170 shares Total direct holdings following the RSU award
Vesting date June 4, 2026 RSU award vests in full on this date
restricted stock unit financial
"These shares were acquired pursuant to a restricted stock unit award under the Issuer'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 Issuer's 2024 Stock Option and Incentive Plan."
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock."
vests in full financial
"The restricted stock unit award vests in full on June 4, 2026."
Form 4 Insider Transactions: What Each Field Means →
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*
BERRY MICHAEL J
(Last)(First)(Middle)
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)
04/01/2026		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 Stock04/01/2026A170(1)A$0.00170D
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 Issuer's 2024 Stock Option and Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock unit award vests in full on June 4, 2026.
/s/ Melissa Peterson, attorney-in-fact04/03/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did HubSpot (HUBS) director Michael J. Berry report in this Form 4?

Michael J. Berry reported receiving 170 shares of HubSpot common stock through a restricted stock unit award. The grant was issued under HubSpot’s 2024 Stock Option and Incentive Plan and represents a routine, compensation-related equity award rather than an open-market transaction.

How many HubSpot (HUBS) shares were granted to Michael J. Berry and at what price?

Michael J. Berry was granted 170 shares of HubSpot common stock via restricted stock units at a stated price of $0.00 per share. This reflects a non-cash, equity compensation grant, typical for directors, rather than a purchase on the open market.

When do Michael J. Berry’s HubSpot (HUBS) restricted stock units vest?

The 170 restricted stock units granted to Michael J. Berry vest in full on June 4, 2026. Vesting means that, if conditions are satisfied, he will receive 170 shares of HubSpot common stock on that date as part of his director compensation.

What plan governs Michael J. Berry’s new HubSpot (HUBS) equity award?

The equity grant to Michael J. Berry was made under HubSpot’s 2024 Stock Option and Incentive Plan. This plan governs how restricted stock units and other equity awards are granted, vest, and convert into common stock for eligible participants at the company.

Is Michael J. Berry’s HubSpot (HUBS) Form 4 transaction an open-market buy or sell?

The Form 4 shows an acquisition coded as a grant or award, not an open-market trade. Berry received 170 restricted stock units as compensation, with no cash purchase price, so it does not reflect a discretionary market buy or sale of HubSpot shares.