LANE KATHERINE ANNE 4
4 · HUBBELL INC · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
Hubbell (HUBB) SVP/GC Katherine Lane Receives Awards, Sells Shares
What Happened
Katherine Lane, Senior Vice President, General Counsel & Secretary of Hubbell Inc. (HUBB), received two performance-share awards that vested on Feb 10, 2026 (total 2,405 shares). To cover tax obligations, 1,116 of those shares were withheld (disposed) at $505.37 per share, resulting in withholding values of $304,738 and $259,255 (combined ≈ $563,993). The awards were reported as grants/vesting (code A) and the share withholding for taxes was reported under code F.
Key Details
- Transaction date: 2026-02-10; filing date: 2026-02-12 (filed timely).
- Awarded/vested: 1,300 shares and 1,105 shares (2,405 total) at $0 acquisition price (performance awards).
- Shares withheld for taxes: 603 shares ($304,738) and 513 shares ($259,255) — total 1,116 shares withheld, $563,993 value — price used: $505.37/share.
- Shares owned after transaction: not specified in the filing.
- Footnotes:
- F1: One grant vested at 200% of target based on the Company’s Adjusted Operating Profit Margin.
- F3: The other vested at 170% of target based on Relative Total Shareholder Return vs. the S&P Capital Goods 900 Index (dividends reinvested).
- F2: The withheld shares reflect tax withholding upon vesting.
- Transaction types: A = award/vesting; F = shares withheld/disposed to satisfy tax liability.
Context
These were vested performance-share awards, not open-market purchases or discretionary sales. The withheld shares were a routine tax-withholding action (common when equity grants vest) and should not be read as a separate sell decision for investment purposes. Net effect: Lane received 2,405 shares and, after withholding 1,116 for taxes, retained a net increase of 1,289 shares.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-10+1,300→ 16,213 total - Tax Payment
Common Stock
[F2]2026-02-10$505.37/sh−603$304,738→ 15,610 total - Award
Common Stock
[F3]2026-02-10+1,105→ 16,715 total - Tax Payment
Common Stock
[F2]2026-02-10$505.37/sh−513$259,255→ 16,202 total
Footnotes (3)
- [F1]Shares of the Company's Common Stock acquired upon the vesting of a performance share award granted on February 7, 2023, which vested at 200% of the target amount of the Company's Adjusted Operating Profit Margin (adjusted operating income as a percentage of net sales).
- [F2]Shares withheld for payment of taxes upon vesting of performance shares.
- [F3]Shares of the Company's Common Stock acquired upon the vesting of a performance share award granted on February 7, 2023, which vested at 170% of a target amount of the Company's Relative Total Shareholder Return (average of the last 20 trading days of the preceding performance period compared to the average of the last 20 trading days of the performance period, with dividends reinvested as shares), as compared to the companies that comprise the S&P Capital Goods 900 Index.