HUBBELL INC·4

Feb 12, 4:55 PM ET

LANE KATHERINE ANNE 4

Research Summary

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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.