Capozzoli Joseph Anthony 4
Research Summary
AI-generated summary
Hubbell (HUBB) CFO Joseph Capozzoli Receives Awards
What Happened Joseph Anthony Capozzoli, Senior Vice President and Chief Financial Officer of Hubbell Inc. (HUBB), was granted 531 restricted shares and 2,169 stock appreciation rights (SARs) on February 17, 2026. Both awards were reported at $0.00 per share (i.e., awards/grants rather than open-market purchases) for a total of 2,700 units granted. The restricted stock and SARs are compensation awards, not sales or purchases of existing shares.
Key Details
- Transaction date: February 17, 2026; Filing date: February 19, 2026 (Form 4 accession 0001628280-26-009860). Filing appears timely.
- Reported price: $0.00 (award/grant).
- Grant breakdown: 531 restricted shares (F1) and 2,169 SARs (derivative) (F2). Total units = 2,700.
- Vesting: Restricted stock vests in full on the third anniversary of the grant (F1). The SARs vest in three equal annual installments beginning February 17, 2027 (F2).
- Shares owned after the transaction are not specified in the information provided.
- Transaction codes: A = Award/Grant (one grant reported as derivative for the SARs).
Context These are compensation awards under Hubbell’s equity plan and do not represent an open-market buy or sale. Restricted stock typically converts to common shares only after vesting, and SARs are derivative awards that generally pay the appreciation in value upon settlement (cash or stock) once vested and exercised. Such grants are routine for executive pay and should be viewed as part of compensation rather than an immediate bullish or bearish trade signal.