HubSpot (HUBS) CLO Erika Fisher: Shares Withheld for Taxes (728)

What Happened

• Erika Ashley Fisher, Chief Legal Officer of HubSpot, had 728 shares withheld by the company to cover taxes associated with the settlement of restricted stock units. The shares were recorded as a disposition at $239.92 per share, for a notional value of $174,662.
• This was a tax-withholding (code F) transaction tied to RSU settlement, not an open-market sale.

Key Details

• Transaction date: 2026-08-03; Filing date: 2026-08-04 (Form 4)
• Price per share: $239.92; Total notional value: $174,662
• Transaction code: F — shares withheld to cover taxes on RSU settlement (footnote F1)
• Shares owned after transaction: not specified in the provided filing excerpt
• Remarks/Exhibits: Exhibit 24 (Power of Attorney) included
• Filing timeliness: Filed the day after the transaction; appears timely (no late-filing flag provided)

Context

• This is a routine cashless tax-withholding event: the issuer retained shares to satisfy tax obligations when RSUs vested. Such withholdings are administrative and are reported as dispositions but do not represent a market sale by the insider.
• For retail investors, purchases or open-market sales by insiders typically carry more interpretive weight; tax-withholding dispositions are common and usually neutral with respect to insider sentiment.