[Form 4] HUBSPOT, INC. Insider Trading Activity

Rhea-AI Filing Summary

Kathryn Bueker, Chief Financial Officer of HubSpot, Inc. (HUBS), reported a sale of 119 shares of common stock on 09/08/2025. The Form 4 shows the shares were disposed of at a price of $500 per share and that she beneficially owns 40,563 shares following the transaction. The filing states the sale was executed pursuant to a 10b5-1 trading plan adopted on 02/18/2025. The Form 4 is signed by an attorney-in-fact, Joseph Theis, dated 09/10/2025.

Insights

Corporate Governance Expert

TL;DR: Routine insider sale under a pre-established 10b5-1 plan; no new disclosures beyond transaction details.

The Form 4 documents a straightforward disposal of 119 shares by the CFO, executed under a 10b5-1 plan adopted on 02/18/2025. Because the sale is governed by a pre-existing trading plan, it signals adherence to an automated compliance mechanism intended to avoid opportunistic timing of trades. The filing includes the per-share price ($500) and post-transaction beneficial ownership (40,563 shares), and it is signed by an attorney-in-fact. From a governance perspective, this is a routine disclosure consistent with Section 16 reporting obligations.

Securities Analyst

TL;DR: Small-sized insider sale; information is factual and limited to transaction mechanics and holdings.

The report provides the material facts: transaction date (09/08/2025), transaction code (S) indicating sale, quantity sold (119 shares), reported price ($500 per share), and resulting beneficial ownership (40,563 shares). The explicit note that the sale was effected under a 10b5-1 plan (adopted 02/18/2025) explains the trade framework. There are no earnings, operational, or governance events disclosed that would materially change an investor’s view beyond the normal reporting of insider trading activity.

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).

X

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^*

Bueker Kathryn

(Last) (First) (Middle)

C/O HUBSPOT, INC.

2 CANAL PARK

(Street)

CAMBRIDGE MA 02141

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
HUBSPOT INC [ HUBS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/08/2025		S(1)		119	D	$500	40,563	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted on 2/18/2025.

	/s/ Joseph Theis, attorney-in-fact	09/10/2025
	** 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.

FAQ

What did HubSpot CFO Kathryn Bueker report on Form 4 (HUBS)?

The Form 4 reports a sale of 119 shares on 09/08/2025, at a reported price of $500 per share, with 40,563 shares beneficially owned after the sale.

Was the transaction by Kathryn Bueker part of a 10b5-1 plan?

Yes. The filing states the sale was effected pursuant to a 10b5-1 trading plan adopted on 02/18/2025.

Who signed the Form 4 for Kathryn Bueker and when?

The Form 4 was signed by Joseph Theis, attorney-in-fact, on 09/10/2025.

How many shares does Kathryn Bueker beneficially own after the reported transaction?

She beneficially owns 40,563 shares following the reported transaction.

What transaction code is used in the filing and what does it indicate?

The filing shows transaction code S, which indicates a sale of the reported shares.