Halligan Brian 4

What Happened

• Brian Halligan, a director of HubSpot Inc. (HUBS), had 2,311 performance-based restricted stock units (PSUs) vest on Feb 12, 2026 (reported Feb 17, 2026). The filing shows 2,311 shares acquired at $0.00 (award/settlement). To cover taxes on the settlement, 226 shares were withheld/disposed at $228.95 per share, equal to $51,743. At the $228.95 price used for withholding, the vested 2,311 shares are roughly $529,103 in value (acquisition recorded as $0 because these were awarded PSUs).

Key Details

• Transaction dates: Feb 12, 2026 (reported on Form 4 filed Feb 17, 2026); appears timely.
• Actions/codes: A = award/acquisition (2,311 shares settled); F = shares withheld for taxes (226 shares disposed).
• Withholding value: 226 shares × $228.95 = $51,743.
• Shares owned after transaction: not disclosed in the provided excerpt of the filing.
• Footnotes: The 2,311 shares represent one‑third of PSUs granted March 3, 2025; the remaining two‑thirds vest in eight equal quarterly installments over the next two years, subject to continued service. Withholding was used to cover taxes on settlement.

Context

• This was a routine PSU vesting and tax-withholding event, not an open-market purchase or sale signaling a directional bet. The award was settled into shares (acquired at $0 for reporting purposes), and a portion was withheld to satisfy tax obligations.