Form 4: Hubbell Director Anthony Guzzi Reports Acquisition of Deferred Compensation Stock Units

Anthony Guzzi, a director at Hubbell Incorporated, reported the acquisition of deferred compensation stock units equivalent to 95.05 shares of common stock on May 15, 2025.

Summary

• On May 15, 2025, Anthony Guzzi, a director of Hubbell Incorporated, acquired 95.05 Directors Deferred Compensation Stock Units.
• These units are equivalent to shares of Hubbell's common stock and were acquired under the company's Deferred Plan for Directors.
• The price per unit is $386.64, reflecting the closing price of one share of common stock on the transaction date.
• Guzzi's total holdings after the transaction amount to 32,808.091 shares, including reinvested dividends.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. It reflects a routine transaction indicating director's continued investment in the company, which is generally viewed favorably.

Positives

• The acquisition of deferred compensation stock units by a director signals confidence in the company's future performance.

Future Outlook

Deferred units are payable commencing the fifth business day of January following the reporting person's retirement or separation from the Board.

Industry Context

This filing is a routine disclosure of a director's acquisition of stock units under a deferred compensation plan, which is a common practice among publicly traded companies to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Deferred compensation plans for directors are a common practice in publicly traded companies, including Hubbell's competitors such as Eaton Corporation, ABB, and Siemens.
• These plans typically involve granting stock units or options that vest over time, aligning directors' interests with long-term shareholder value.
• The specific terms of Hubbell's plan, such as the vesting schedule and payout terms, would need to be compared to those of its peers to assess its relative attractiveness and effectiveness.

Stakeholder Impact

• The acquisition of stock units by a director can positively influence shareholder confidence.

Key Dates

Keywords

Hubbell, Director, Deferred Compensation, Stock Units, Anthony Guzzi, HUBB, Beneficial Ownership, Form 4