KEATING NEAL J. 4

What Happened
Neal J. Keating, a member of Hubbell Inc.'s Board of Directors, received a grant of 341 deferred restricted stock units on May 5, 2026. The units were reported with an acquisition price of $0.00 (a non-cash award/derivative grant). This is an award (compensation) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-05; Form 4 filed: 2026-05-07.
• Transaction type/code: Award/Grant (derivative); 341 units acquired at $0.00.
• Shares/units owned after transaction: filing does not state a total post-grant balance.
• Footnotes:
  • Each deferred unit equals one share credited under the Company’s Deferred Plan for Directors (F1).
  • The grant represents deferred restricted stock (F2) and Deferred Units are payable beginning six months after the director’s retirement or separation from the Board (F3).
  • The reported balance may include reinvested dividends credited to deferred units (F4, F5).
• No indication in the filing that this was part of a Section 16 sale or a 10b5-1 plan; this appears to be routine director compensation.

Context
Deferred restricted stock unit grants are common director compensation and are paid out later (here, beginning six months after separation), so they do not represent an immediate cash investment or sale by the insider. Such awards are primarily compensation-related and should not be interpreted alone as a bullish or bearish signal about company stock.