Halligan Brian 4
Research Summary
AI-generated summary
HubSpot Director Brian Halligan Withholds 266 Shares for Taxes
What Happened
- Brian Halligan, a director of HubSpot Inc. (HUBS), had 266 shares withheld by the issuer to satisfy tax withholding related to the settlement of restricted stock units. The withholding was at $242.79 per share, totaling approximately $64,582.
Key Details
- Transaction date and price: 2026-04-01; 266 shares withheld at $242.79 each.
- Transaction type/code: Tax withholding to cover RSU settlement (footnote code F).
- Value: ~ $64,582 (266 × $242.79).
- Shares owned after transaction: Not specified in this filing.
- Footnotes of note:
- F1: Shares were withheld by the issuer to cover taxes on RSU settlement.
- F2: Some shares are held by Wolf Investors, LLC; Halligan disclaims beneficial ownership of those LLC-held shares except to the extent of any pecuniary interest.
- Timeliness: Filing dated 2026-04-03 for a 2026-04-01 transaction; the filing does not indicate a late report.
Context
- This was a tax-withholding event tied to RSU settlement, not an open-market sale; withheld shares are surrendered to the company to cover tax obligations and generally do not signal a voluntary sell decision by the insider.