Capozzoli Joseph Anthony 4
4 · HUBBELL INC · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
Hubbell (HUBB) CFO Joseph Capozzoli Receives 760 Shares via Vesting
What Happened
Joseph Anthony Capozzoli, Senior Vice President and Chief Financial Officer of Hubbell Inc. (HUBB), received two performance-based awards that vested on Feb 10, 2026, resulting in the acquisition of 760 shares (412 and 348). To cover tax withholding obligations, 238 of those shares (129 and 109) were withheld/disposed at $505.37 per share, totaling approximately $120,278.
Key Details
- Transaction date: 2026-02-10; Form filed 2026-02-12 (appears timely).
- Shares acquired (award/vesting): 412 shares and 348 shares (total 760) reported as acquisitions (code A).
- Shares withheld for taxes (reported as dispositions, code F): 129 shares ($65,193) and 109 shares ($55,085); combined value ≈ $120,278 (price: $505.37 per share).
- Awards originated from performance share grants dated Feb 7, 2023: one vested at 200% of the target for Adjusted Operating Profit Margin (F1), the other vested at 170% of target Relative Total Shareholder Return vs. S&P Capital Goods 900 peers (F3).
- F2 denotes shares withheld to pay taxes (standard withholding upon vesting).
- The filing does not specify total shares beneficially owned after these transactions.
Context
These entries reflect vested performance share awards and routine tax-withholding (a non-cash, share-withholding settlement), not an open-market sale or purchase. Vesting at above-target levels (200% and 170%) simply describes how many shares were earned under the 2023 performance grants; it is not a forecast of future performance. Routine tax withholding is common and should not be interpreted alone as a bullish or bearish signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-10+412→ 5,755 total - Tax Payment
Common Stock
[F2]2026-02-10$505.37/sh−129$65,193→ 5,626 total - Award
Common Stock
[F3]2026-02-10+348→ 5,974 total - Tax Payment
Common Stock
[F2]2026-02-10$505.37/sh−109$55,085→ 5,865 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.