BAKKER GERBEN 4

What Happened
Gerben Bakker — Chairman, President & CEO and a director of Hubbell Inc. — received equity awards on February 17, 2026. The filing shows a grant of 3,980 restricted common shares (acquired at $0.00) and a derivative award of 16,245 stock appreciation rights (SARs) (also reported at $0.00). These were reported on Form 4 (filed Feb 19, 2026) as compensation awards (transaction code A).

Key Details

• Transaction date: 2026-02-17; Form 4 filed: 2026-02-19 (filed within the normal two-business-day window).
• Awards: 3,980 restricted shares and 16,245 SARs. Reported acquisition price for both items: $0.00. (This reflects grant terms, not market value.)
• Vesting: Restricted shares vest in full on the third anniversary of the grant (Feb 17, 2029). SARs vest and become exercisable in three equal annual installments beginning Feb 17, 2027.
• Transaction code: A (award/grant).
• Shares owned after transaction: Not specified in the filing excerpt provided.
• No 10b5‑1 plan, tax‑withholding sale, or late‑filing flag noted in this filing.

Context

• Restricted stock grants and SARs are common forms of executive compensation; the $0.00 acquisition price indicates these were awarded, not purchased. The SARs are derivative rights that provide value tied to future stock appreciation and will only deliver economic value as they vest and are exercised or settled.
• These awards do not represent an immediate sale or purchase in the open market and should be viewed as compensation alignment rather than a direct bullish/bearish trading signal.