HUBSPOT INC·4

Apr 23, 4:44 PM ET

Halligan Brian 4

Research Summary

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HubSpot (HUBS) Director Brian Halligan Sells 8,292 Shares

What Happened

  • Brian Halligan, a director of HubSpot, sold 8,292 shares on 2026-04-21 at $230.72 per share, generating proceeds of approximately $1,913,130. The transaction was an open-market sale (code S) and was reported on a Form 4 filed 2026-04-23.

Key Details

  • Transaction date and price: 2026-04-21 — 8,292 shares at $230.72 each; total ≈ $1,913,130.
  • Transaction type: Sale (open-market), effected pursuant to a 10b5-1 trading plan adopted 2025-03-03 (Footnote F1).
  • Shares owned after transaction: Not disclosed in the information provided.
  • Footnote on ownership (F2): Some shares are held by Wolf Investors, LLC; Halligan disclaims beneficial ownership of those LLC-held securities except for any pecuniary interest.
  • Filing timeliness: Form 4 filed 2026-04-23 for an April 21 transaction — appears timely (filed within the typical two-business-day window).

Context

  • The sale was made under a pre-established 10b5-1 plan, which allows insiders to execute pre-planned trades and is commonly used to avoid timing-based concerns; such sales are often routine and do not necessarily indicate a change in the insider’s view of the company. The LLC ownership disclosure and disclaimer in F2 clarify how some shares are held and reported but do not change the reported sale.