LIND BONNIE CRUICKSHANK 4
Research Summary
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Hubbell (HUBB) Director Bonnie Cruickshank Lind Receives Award
What Happened
- Bonnie Cruickshank Lind, a director of Hubbell Inc. (HUBB), received an award of 59.624 Director Deferred Compensation Stock Units on 2026-02-13. The units are valued at $524.12 each, for a total grant value of $31,250. This filing records an award/grant (derivative units), not an open-market purchase or sale.
Key Details
- Transaction date and value: 2026-02-13 — 59.624 units @ $524.12 per unit = $31,250 (reported on Form 4 filed 2026-02-17).
- Shares owned after transaction: not disclosed in this filing.
- Transaction type: A (award/grant of derivative units under the Director Deferred Compensation Plan).
- Footnotes summarized:
- F1: Each deferred unit represents one share credited under the Company’s director deferred plan.
- F2: Deferred units are payable beginning the fifth business day of January after the director retires or leaves the Board.
- F3: Unit price equals the closing price per share.
- F4: Total includes reinvested dividends on the director deferred securities.
- Filing timeliness: Transaction on Feb 13 and Form 4 filed Feb 17 — this appears to be within the standard two-business-day reporting window.
Context
- These are deferred compensation units (a derivative award) credited to a director, a routine form of director compensation. Such awards are not the same as an outright market purchase and do not by themselves indicate the director bought or sold shares in the open market. The units convert to or represent shares under the plan and are payable after separation per the plan terms.