Form 4: Hubbell Director Anthony Guzzi Receives Stock Grant
Statement of Changes in Beneficial Ownership
Director Anthony Guzzi was granted 341 deferred restricted stock units as part of Hubbell Incorporated's director compensation plan.
Summary
- Director Anthony Guzzi acquired 341 deferred restricted common stock units on May 5, 2026.
- The units were granted at a price of $0 per unit as part of the company's deferred compensation plan for directors.
- Following this transaction, the director's total beneficial ownership of deferred restricted common stock units increased to 15,598.95.
- The director also holds 33,465.186 units in the Directors Deferred Compensation Stock account, which includes reinvested dividends.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.
Positives
- Alignment of director interests with long-term shareholder value through equity-based compensation.
Negatives
- None identified.
Risks
- Value of deferred units is subject to the future market performance of Hubbell Incorporated common stock.
Future Outlook
The deferred units are payable to the director commencing the fifth business day of January following their retirement or separation from the Board.
Industry Context
StockSavvy.ai notes that equity-based compensation for board members is a standard corporate governance practice designed to ensure directors maintain a vested interest in the long-term performance of the company.
Comparison to Industry Standards
- The use of deferred stock units for director compensation is consistent with standard practices among S&P 500 industrial companies.
- The structure of the grant aligns with typical long-term incentive plans for non-employee directors.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation | Grant of deferred restricted stock units under the Company's Deferred Plan for Directors. | 05/05/2026 | Standard compensation practice; no material change to governance structure. |
Stakeholder Impact
- Minimal impact on shareholders as this is a standard director compensation event.
Next Steps
- Units will be settled in common stock upon the director's eventual retirement or separation from the Board.
Key Dates
| Date | Description |
|---|---|
| 05/05/2026 | Date of the deferred restricted stock unit grant transaction. |
| 05/07/2026 | Date the Form 4 was filed with the SEC. |
Keywords
Hubbell, HUBB, Form 4, Insider Trading, Director Compensation, Equity Grant
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