Rangan Yamini 4

What Happened
Rangan Yamini, CEO of HubSpot (HUBS), had 2,139 shares withheld by the company to cover tax withholding related to the settlement of restricted stock units (RSUs). The withholding was recorded as a disposition at an implied value of $187.72 per share, totaling $401,533. This was a tax-withholding action (routine) rather than an open-market sale.

Key Details

• Transaction date: 2026-07-01; reported on Form 4 filed 2026-07-02 (timely filing).
• Price used: $187.72 per share.
• Shares withheld/disposed: 2,139; total value: $401,533.
• Transaction code: F (shares withheld by issuer to cover taxes on RSU settlement). Footnote F1 confirms withholding to cover taxes.
• Shares owned after the transaction: not specified in this filing.
• Exhibit: Exhibit 24 — Power of Attorney noted in the filing.

Context
Tax-withholding by the issuer to cover RSU settlement is a common, administrative transaction and does not necessarily indicate a change in the insider’s view of the company. This is not an open-market sale; shares were retained by HubSpot to satisfy tax obligations.