HubSpot CEO Rangan Yamini Shares Withheld for Taxes (2,622)

What Happened

• Rangan Yamini, CEO of HubSpot (HUBS), had 2,622 shares withheld on 2026-09-01 to satisfy tax withholding related to the settlement of restricted stock units (RSUs). The withheld shares were valued at approximately $658,410 based on a per-share value of $251.11. This was a tax-withholding/settlement transaction (code F), not an open-market sale.

Key Details

• Transaction date: 2026-09-01
• Price per share reported: $251.11
• Shares withheld/disposed: 2,622 — total value ≈ $658,410
• Filing date / Accession: Form 4 filed 2026-09-02 (reports the 9/1 transaction)
• Footnote: F1 — "Shares withheld by Issuer to cover taxes associated with settlement of restricted stock units."
• Shares owned after transaction: not specified in the provided summary
• Timeliness: Filed the day after the transaction; appears timely based on report dates

Context

• This was a tax-withholding/net settlement of RSUs (a routine administrative disposition), not a voluntary open-market sale that would more directly signal insider sentiment. Such withholdings are common when RSUs vest and do not necessarily reflect the insider’s view on the company’s stock.