MALLOY JOHN F. 4
Research Summary
AI-generated summary
Hubbell (HUBB) Director John F. Malloy Receives 341-Share Award
What Happened
- John F. Malloy, a director of Hubbell Inc. (HUBB), was granted 341 shares as an award/acquisition on 2026-05-05. The filing shows an acquisition price of $0.00 for a reported value of $0 on grant. This is a compensation-related restricted stock award rather than a market purchase or sale.
Key Details
- Transaction date: 2026-05-05; Form 4 filed: 2026-05-07 (timely filing).
- Transaction type: Grant / award (code "A"); 341 shares acquired at $0.00 per share.
- Vesting: Footnote F1 states the restricted stock grant vests on the date of the next regularly scheduled Annual Meeting of Shareholders (2027).
- Deferred/plan notes: Filing footnotes (F2–F5) reference the Company’s directors’ deferred compensation and unit treatment (deferred units credited as shares, payout timing after board service ends, and balances updated by reinvested dividends).
- Post-transaction holdings: The filing does not disclose Malloy’s total shares owned after this grant in the provided excerpt.
Context
- This is a routine director compensation grant (neutral to mildly positive), not an open-market purchase or sale. Such restricted awards are common for board members and typically vest over time or upon a corporate event (here, the 2027 annual meeting).