HubSpot (HUBS) Director Brian Halligan Withholds 158 Shares for Taxes

What Happened
Brian Halligan, a director of HubSpot (HUBS), had 158 shares withheld by the company on Sept 1, 2026 to cover taxes related to the settlement of restricted stock units (RSUs). The shares were valued at $251.11 each, for a total withholding value of about $39,675. This was a tax-withholding/settlement action (not an open-market sale or a purchase).

Key Details

• Transaction date: 2026-09-01; Form 4 filed: 2026-09-02 (filed next day, appears timely).
• Action type: F (shares withheld to cover taxes on RSU settlement).
• Shares withheld: 158 at $251.11 per share; total value ≈ $39,675.
• Shares owned after transaction: Not specified in this filing.
• Footnote highlights:
  • F1: Issuer withheld the shares to cover taxes from RSU settlement.
  • F2: Some shares are held by Wolf Investors, LLC (manager: Paul Karger; sole member: a trust for which Halligan is settlor); Halligan disclaims beneficial ownership except for any pecuniary interest.

Context
Withholding shares to cover taxes on RSU vesting is a routine administrative action and should not be read as a directional trade. This is not a market sale or a new purchase — it’s a cashless tax settlement mechanism commonly used by companies. The filing indicates Halligan’s relationship to an entity holding shares but includes a standard disclaimer limiting his claimed beneficial ownership.