FLYNN ALYSSA R 4
4 · HUBBELL INC · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Hubbell (HUBB) CHRO Alyssa Flynn Exercises SARs, Sells Shares
What Happened
Alyssa R. Flynn, Chief Human Resources Officer of Hubbell Inc. (HUBB), exercised 1,830 stock appreciation rights (SARs) on Feb 6, 2026 and subsequently surrendered/ sold shares to cover tax withholding and for cash. The filings show: 1,830 shares acquired on exercise (valued at $149.49 each, total ~$273,567), 171 and 963 shares withheld/ surrendered for tax obligations (valued at $85,090 and $478,659 respectively), and 867 and 361 shares sold in the open market (weighted avg. prices reported; proceeds $430,982 and $179,498). Total gross proceeds from the sales/withholdings shown approximate $1,174,229. The activity reflects an exercise with share withholding and open-market sales (a cashless-style settlement), not a standalone purchase.
Key Details
- Transaction date: February 6, 2026; Form 4 filed February 10, 2026 (timely filing).
- Exercise: 1,830 SARs exercised; reported acquisition value $149.49/share (total ~$273,567).
- Dispositions: 171 + 963 shares withheld for taxes (footnotes F1/F2), and 867 + 361 shares sold in open market (S). Total disposed = 2,362 shares; total proceeds ≈ $1,174,229.
- Price range for open-market trades: $497.05–$497.29 (weighted avg reported per F3).
- Footnotes: F1 = shares withheld to cover taxes on restricted shares; F2 = withholding calculated on SAR spread plus taxes; F4 = SAR vested in three equal annual installments beginning Feb 13, 2021.
- Post-transaction holdings: Not specified in the provided excerpt of the filing.
Context
This was an exercise of SARs with shares withheld and additional shares sold—commonly a cashless exercise/settlement to satisfy tax obligations and realize value. Such transactions are routine for executives exercising compensation awards and do not, by themselves, indicate a change in company outlook.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-06$497.60/sh−171$85,090→ 3,072 total - Exercise/Conversion
Common Stock
2026-02-06$149.49/sh+1,830$273,567→ 4,902 total - Tax Payment
Common Stock
[F2]2026-02-06$497.05/sh−963$478,659→ 3,939 total - Sale
Common Stock
[F3]2026-02-06$497.10/sh−867$430,982→ 3,072 total - Sale
Common Stock
2026-02-06$497.23/sh−361$179,498→ 2,711 total - Exercise/Conversion
Stock Appreciation Rights
[F4]2026-02-06−1,830→ 0 totalExercise: $149.49Exp: 2030-02-13→ Common Stock (1,830 underlying)
Footnotes (4)
- [F1]Shares withheld for payment of taxes upon vesting of restricted shares.
- [F2]The shares withheld by the Issuer were calculated on the spread between the price of the SAR and the market price on the date the SAR was exercised. The payment of withholding taxes for the SAR that was exercised on this date was also included in this number.
- [F3]The transaction was executed in multiple trades at prices ranging from $497.05 - 497.29. The price reported above reflected the weighted average sales price. The reporting person hereby undertakes to provide, upon request to the Securities and Exchange Commission staff full information regarding the number of shares sold at each separate price for all transactions on this Form 4.
- [F4]The stock appreciation right vested and became exercisable in three equal annual installments beginning on February 13, 2021.