HubSpot (HUBS) director Jill Ward granted 1,211 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ward Jill A reported acquisition or exercise transactions in this Form 4 filing.
HubSpot Inc. director Jill A. Ward received an equity grant of 1,211 restricted stock units of Common Stock. The award was granted at no cash cost under the Company's 2024 Stock Option and Incentive Plan.
The restricted stock units vest in equal quarterly installments over one year from the grant date, with the final installment vesting on the first anniversary or immediately before HubSpot's 2027 annual meeting of stockholders, whichever comes first. Following this grant, Ward directly holds 6,790 shares of HubSpot common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ward Jill A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,211 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 6,790 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock units granted: 1,211 shares
Price per unit: $0.0000 per share
Shares held after transaction: 6,790 shares
+2 more
5 metrics
Restricted stock units granted
1,211 shares
Director equity award on grant date
Price per unit
$0.0000 per share
Reported transaction price for RSU grant
Shares held after transaction
6,790 shares
Direct holdings following RSU grant
Vesting schedule
Quarterly over one year
Equal quarterly installments from grant date
Final vesting trigger
First anniversary or before 2027 meeting
Final installment timing condition
Key Terms
restricted stock unit, 2024 Stock Option and Incentive Plan, vest, annual meeting of stockholders
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.
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, with the final installment vesting upon the first anniversary of such grant date..."
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)."
FAQ
What insider transaction did HUBSPOT INC (HUBS) report for Jill A. Ward?
HUBSPOT INC reported that director Jill A. Ward received 1,211 restricted stock units of Common Stock. The award was granted at no cash cost under HubSpot’s 2024 Stock Option and Incentive Plan as part of her equity compensation.
What are the vesting terms of Jill A. Ward’s 1,211 HUBSPOT INC (HUBS) restricted stock units?
The 1,211 restricted stock units vest in equal quarterly installments over one year from the grant date. The final portion vests on the first anniversary or immediately before HubSpot’s 2027 annual meeting of stockholders, whichever occurs first, subject to the plan’s conditions.
Under which plan were Jill A. Ward’s HUBSPOT INC (HUBS) restricted stock units granted?
The restricted stock units were granted under HubSpot’s 2024 Stock Option and Incentive Plan. This plan provides equity-based compensation, and each unit gives a contingent right to receive one share of HubSpot common stock upon vesting, subject to the plan’s terms.