HubSpot (HUBS) CLO Erika Fisher Withholds 322 Shares for Taxes

What Happened
Erika Ashley Fisher, HubSpot's Chief Legal Officer, had 322 shares withheld on 2026-09-01 to satisfy tax withholding related to the settlement of restricted stock units. The withholding was executed at a per-share price of $251.11, representing approximately $80,857 in value. This was a tax-withholding/cashless "sell-to-cover" type disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-09-01; Price per share: $251.11; Shares withheld/disposed: 322; Reported value: ~$80,857.
• Transaction type/code: F — shares withheld by issuer to cover taxes on RSU settlement.
• Footnote: F1 — "Shares withheld by Issuer to cover taxes associated with settlement of restricted stock units."
• Filing: Form 4 filed 2026-09-02 for the 2026-09-01 transaction (appears timely based on reported dates).
• Shares owned after transaction: Not specified in the provided filing details.

Context
Withholdings to cover taxes on RSU settlements are routine administrative transactions and do not necessarily indicate the insider is reducing their economic stake by choice. Unlike open-market sales, these withholdings are a standard way companies satisfy tax obligations when awards vest.