KEATING NEAL J. 4
Research Summary
AI-generated summary
Hubbell Director Neal J. Keating Receives $15K Stock Award
What Happened
- Neal J. Keating, a director of Hubbell Inc. (HUBB), was granted 28.619 Directors Deferred Compensation Stock Units on February 13, 2026. The units are reported at a unit price of $524.12, for a total value of $15,000. This was an award/acquisition of deferred units (derivative), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-13; reported on Form 4 filed 2026-02-17 (filing appears timely).
- Grant: 28.619 Directors Deferred Compensation Stock Units at $524.12 per unit; total reported value $15,000.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes of note:
- F1: Each deferred compensation stock unit equals one share of common stock credited under the Company’s Deferred Plan for Directors.
- F2: Deferred units are payable beginning six months after the director’s retirement or separation from the board.
- F3: Unit price is based on the closing price of one share of common stock.
- F4: The reported total includes reinvested dividends paid on the director’s deferred securities.
Context
- These deferred stock units are a form of director compensation and represent a future right to receive shares (or equivalent value) rather than an immediate open-market purchase. Such grants are routine for non-employee directors and do not by themselves indicate a buy/sell signal in the market.