Gumbs Gregory 4

What Happened
Gregory Gumbs, President — Utility Solutions at Hubbell Inc. (HUBB), was granted equity awards on February 17, 2026. The Form 4 reports (1) 628 restricted shares awarded at a reported acquisition price of $0.00 and (2) 2,563 derivative units (stock appreciation rights) likewise reported at $0.00. These are company compensation awards (not open-market purchases or sales).

Key Details

• Transaction date: February 17, 2026; Form 4 filed February 19, 2026. No indication in the filing that it was late.
• Reported amounts/prices: 628 shares @ $0.00 (restricted stock grant); 2,563 derivative shares @ $0.00 (stock appreciation right). The $0.00 reflects a grant, not the market value.
• Shares owned after the transaction: not specified in the excerpt provided.
• Footnotes:
  • F1 — Restricted stock vests in full on the third anniversary of the grant date (Feb 17, 2029).
  • F2 — The stock appreciation right vests in three equal annual installments beginning Feb 17, 2027.
• Transaction code: A = Award/Grant (compensation).

Context
Restricted stock is subject to vesting (no unrestricted sale until vesting) and represents deferred compensation. A stock appreciation right (SAR) is a derivative that pays the appreciation in value (often cash or stock) above the grant price once vested/exercised; here it vests over three years. These awards are routine executive compensation and do not represent an open-market buy or sell.