Simons Jay 4
Research Summary
AI-generated summary
HubSpot (HUBS) Director Jay Simons Receives Restricted Stock Award
What Happened
- Jay Simons, a director of HubSpot Inc. (HUBS), received a grant of 1,211 restricted stock units (RSUs) on June 16, 2026. The award was reported as an "A" (award/acquisition) on a Form 4. The grant price was $0.00 at issuance (RSUs are contingent rights to receive shares upon vesting).
Key Details
- Transaction date: 2026-06-16; Form 4 filed 2026-06-17 (timely).
- Amount: 1,211 restricted stock units; acquisition price reported $0.00; total cash value at grant: $0.
- Vesting: RSUs vest in equal quarterly installments over one year from the grant date, with the final installment vesting on the first anniversary of the grant (or, if earlier, immediately prior to HubSpot’s 2027 annual meeting).
- Shares owned after transaction: not specified in the provided filing details.
- Filing type/code: Reported as an award (transaction code A). No sale, purchase, or tax-withholding codes reported.
Context
- RSUs are compensation/retention awards that convert to actual shares only as they vest; they are not an immediate purchase or sale and do not by themselves indicate insider buying or selling sentiment.
- For retail investors, grants to directors are common and typically part of standard compensation practices rather than a direct market signal.