Hubbell (HUBB) Director Neal J. Keating Receives Stock Unit Award

What Happened

Neal J. Keating, a director of Hubbell Inc. (HUBB), was granted 31.776 Directors Deferred Compensation Stock Units on August 14, 2026. The units were recorded at a unit price of $511.39, for a total reported value of $16,250. This was an award (derivative grant) under the company’s director deferred compensation plan—not an open-market purchase or a sale.

Key Details

• Transaction date: 2026-08-14 (Filed: 2026-08-18)
• Transaction type/code: Award/Grant (A), derivative security
• Quantity and valuation: 31.776 deferred stock units @ $511.39 = $16,250
• Post-transaction holdings: Not specified in the provided filing details
• Footnotes:
  • F1: Each unit represents one share of common stock credited as a unit under the Directors Deferred Plan.
  • F2: Deferred units are payable commencing six months after the director’s retirement or separation from the Board.
  • F3: Unit price equals the closing price of one share of common stock.
  • F4: Total includes reinvested dividends on the director’s deferred securities.

Context

These deferred stock units are compensation for board service and are not immediate share acquisitions; they convert to or pay out as shares (or equivalent) only after the director leaves the Board (subject to the six-month delay). This is a routine director compensation item and does not reflect an open-market buy or sell transaction.