FLYNN ALYSSA R 4

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.