Halligan Brian 4

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.