Capozzoli Joseph Anthony 4

What Happened
Joseph Anthony Capozzoli, Senior Vice President and CFO of Hubbell Inc. (HUBB), received 310 shares on May 5, 2026 as the vesting of a prior performance share award (acquired at $0.00). Concurrently, 98 shares were withheld/disposed to cover tax liabilities at a reported withholding amount of $50,292 (reported per-share amount $513.18).

Key Details

• Transaction date: 2026-05-05.
• Award: 310 shares issued upon vesting (code A), acquisition price $0.00.
• Tax withholding: 98 shares withheld (code F) at $513.18 per share, total reported $50,292.
• Footnotes: Vesting reflects a performance share award granted Feb 7, 2023 that vested at 147% of target based on relative sales growth vs. the S&P Capital Goods 900 Index (F1). Filing notes reinvested dividends are included in the individual's securities totals (F2). Shares were withheld to pay taxes on the vesting (F3).
• Shares owned after transaction: not specified in the provided excerpt.
• Filing timeliness: Form filed May 7, 2026 for a May 5 transaction — appears timely under standard 2-business-day Form 4 rules.

Context
This was a compensation-related vesting of performance shares, not an open-market purchase or discretionary sale. The withholding of shares to cover taxes is a routine, administrative step (not necessarily a market sale for cash proceeds). The award vested above target (147%), which explains the received share count relative to the original grant.