LANE KATHERINE ANNE 4

4 · HUBBELL INC · Filed Feb 11, 2026

AI-generated summary of this filing

Updated Feb 11, 2026

Hubbell (HUBB) SVP & GC Katherine Lane Exercises SARs, Sells Shares

What Happened

Katherine Anne Lane, Senior Vice President, General Counsel & Secretary of Hubbell Inc., exercised 10,986 stock appreciation rights (SARs) on Feb 9, 2026. The exercise resulted in the issuance of 10,986 shares (acquired at reported exercise prices totaling $1,352,026).
Of those shares, 6,376 were withheld to cover withholding taxes (1,651 @ $505.85 = $835,162; 4,725 @ $505.52 = $2,388,582) and 4,610 shares were sold in the open market at a weighted-average price of $505.60 for proceeds of $2,330,836. The combined value of shares sold/withheld reported on the Form 4 is about $5.55 million.
This was effectively a cashless exercise: SARs were exercised and the resulting shares were used to satisfy tax obligations and to generate cash via an open-market sale. The Form 4 was filed on Feb 11, 2026 (reporting period Feb 9, 2026), which is timely.

Key Details

Transaction date: Feb 9, 2026; Form 4 filed Feb 11, 2026.
Exercise (M): 2,868 shares @ $105.48 ($302,531) and 8,118 shares @ $129.28 ($1,049,495) — total 10,986 shares acquired via SAR exercise.
Tax withholding (F): 1,651 shares @ ~$505.85 and 4,725 shares @ ~$505.52 used to satisfy withholding; these values include the tax withholding on the SAR spread.
Open-market sale (S): 4,610 shares sold at a weighted-average $505.60 (prices ranged $505.59–$506.14 per footnote).
Shares owned after the transactions: Not specified in the reported Form 4.
Footnotes: F1 explains shares withheld were calculated on the SAR spread and include tax payments; F2 notes the open-market sale executed in multiple trades (range and weighted average provided); F3 & F4 indicate the SARs vested in three equal annual installments beginning Dec 14, 2019 and July 1, 2020.

Context

For retail investors: this was an exercise of SARs (derivative awards) followed by withholding for taxes and an open-market sale. That pattern (exercise + sell/withhold) is common to cover tax liabilities and does not by itself indicate an independent view on the company's outlook.
SARs pay the appreciation amount; here the filing shows the SARs converted into shares which were then used to satisfy taxes and sold; the employee did not retain net new shares from this exercise.
The filing appears timely (reported within the standard Form 4 window).

Form 4

Period: 2026-02-09

Executive VP, GC & Secretary

Transactions

Exercise/Conversion
Common Stock
2026-02-09$105.48/sh+2,868$302,531→ 17,781 total
Exercise/Conversion
Common Stock
2026-02-09$129.28/sh+8,118$1,049,495→ 25,899 total
Tax Payment
Common Stock
[F1]
2026-02-09$505.85/sh−1,651$835,162→ 24,248 total
Tax Payment
Common Stock
[F1]
2026-02-09$505.52/sh−4,725$2,388,582→ 19,523 total
Sale
Common Stock
[F2]
2026-02-09$505.60/sh−4,610$2,330,836→ 14,913 total
Exercise/Conversion
Stock Appreciation Right
[F3]
2026-02-09−2,868→ 0 total
Exercise: $105.48Exp: 2028-12-14→ Common Stock (2,868 underlying)
Exercise/Conversion
Stock Appreciation Right
[F4]
2026-02-09−8,118→ 0 total
Exercise: $129.28Exp: 2029-07-01→ Common Stock (8,118 underlying)

Footnotes (4)

[F1]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.
[F2]The transaction was executed in multiple trades at prices ranging from $505.590 - $506.140. The price reported above reflects 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 reported on this Form 4.
[F3]The stock appreciation right vested and became exercisable in three equal annual installments beginning on December 14, 2019.
[F4]The stock appreciation right vested and became exercisable in three equal annual installments beginning on July 1, 2020.

Signature

/s/ Katherine A. Lane|2026-02-11

1 file