FISHER ERIKA ASHLEY 4

What Happened

• Erika Ashley Fisher, Chief Legal Officer of HubSpot (HUBS), disposed of shares in two transactions reported on Form 4.
  • On 2026-05-04 she sold 915 shares in an open-market transaction at $236.66 per share for proceeds of $216,544.
  • On 2026-05-01 the issuer withheld 514 shares at $239.89 per share (value $123,303) to cover taxes upon settlement of restricted stock units (RSUs).

Key Details

• Transaction dates and prices:
  • 2026-05-01: 514 shares withheld for taxes @ $239.89 (Code F) — $123,303.
  • 2026-05-04: 915 shares open-market sale @ $236.66 (Code S) — $216,544.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnotes:
  • F1: Shares were withheld by the issuer to cover taxes related to RSU settlement.
  • F2: The 915-share sale was executed under a 10b5-1 trading plan adopted 9/2/2025.
• Filing timeliness: Form 4 was filed 2026-05-05, which is within the standard two-business-day reporting window for these transactions.

Context

• The 514-share transaction is a tax-withholding related to RSU settlement (a routine corporate withholding, not an open-market sale).
• The 915-share sale was done under a pre-established 10b5-1 plan, meaning it followed a pre-arranged trading schedule rather than necessarily reflecting a contemporaneous change in insider sentiment.
• Codes: S = Sale, F = Share withholding to cover tax liability.