Halligan Brian 4
4 · HUBSPOT INC · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
HubSpot Director Brian Halligan Withholds 157 Shares for Taxes
What Happened Brian Halligan, a director of HubSpot Inc. (HUBS), had 157 shares withheld by the issuer to satisfy tax withholding obligations related to the settlement of restricted stock units. The shares were recorded at $262.20 each for a total value of $41,165; the disposition (code F) occurred on 2026-06-01 and was reported on 2026-06-02. This action is a tax-withholding disposition, not an open-market sale.
Key Details
- Transaction date: 2026-06-01; Form 4 filed 2026-06-02 (timely).
- Shares withheld/disposed: 157 at $262.20 each; total value $41,165.
- Transaction code: F — shares withheld by issuer to cover taxes on RSU settlement (see footnote F1).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Additional footnote (F2): Some shares are held by Wolf Investors, LLC, managed by Paul Karger; Mr. Halligan disclaims beneficial ownership of those LLC-held shares except to the extent of any pecuniary interest.
- Filing timeliness: filed next day; no late filing indicated.
Context Withholding shares to cover taxes on RSU settlements is a routine administrative disposition and does not necessarily reflect the insider’s view on the company’s stock. For investors, outright purchases by insiders tend to be more informative than withholding or tax-related dispositions.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-06-01$262.20/sh−157$41,165→ 353,343 total
- 102,000(indirect: See footnote)
Common Stock
[F2]
Footnotes (2)
- [F1]Shares withheld by Issuer to cover taxes associated with settlement of restricted stock units.
- [F2]Shares held by Wolf Investors, LLC (the "LLC"). The manager of the LLC is Paul Karger, and the sole member is the Brian P. Halligan 2026 New Hampshire Trust u/a/d February 19, 2026, of which the reporting person is the settlor. The reporting person disclaims beneficial ownership of these securities except to the extent, if any, of his pecuniary interest therein, and nothing contained in this report shall be an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.