Mikes Mark Eugene 4

What Happened

• Mark E. Mikes, President — Electrical Solutions at Hubbell Inc. (HUBB), sold 2,601 shares in an open-market transaction on Feb 17, 2026 at $523.73 per share, generating about $1,362,222 in proceeds. On the same date he was granted 628 restricted shares (RSUs) and received a derivative award of 2,563 stock appreciation rights (SARs); both awards show $0 acquisition price in the filing.

Key Details

• Transaction date: 2026-02-17.
  • Sale: 2,601 shares at $523.73 each → ~$1,362,222 (open-market sale).
  • Award: 628 restricted shares (RSUs) — granted at $0 acquisition price.
  • Derivative award: 2,563 SARs (stock appreciation rights) — granted at $0 acquisition price.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes:
  • F1: Restricted stock grant vests in full on the third anniversary of the grant date.
  • F2: SARs vest in three equal annual installments beginning Feb 17, 2027.
• Filing timeliness: Form filed 2026-02-19 for a 2026-02-17 transaction; filing date is within the typical two-business-day Form 4 reporting window (no late filing indicated).

Context

• The sale was an open-market disposition (a realized cash event). The RSUs and SARs are grants/awards that vest over time and do not represent immediate share ownership or proceeds; SARs are derivative awards that provide value if the stock rises and vest in future installments. Grants and awards are common for compensation and do not necessarily signal the insider’s view of the stock.