Form 4: Hubbell Director Bonnie Cruickshank Lind Reports Acquisition of Deferred Compensation Stock Units
SEC Form 4
Bonnie Cruickshank Lind, a director of Hubbell Incorporated, reported the acquisition of deferred compensation stock units on February 14, 2025.
Summary
- On February 14, 2025, Bonnie Cruickshank Lind, a director at Hubbell Incorporated, acquired 80.099 Directors Deferred Compensation Stock Units.
- These units are payable starting the fifth business day of January following her retirement or separation from the Board.
- The unit price is equivalent to the closing price of one share of Hubbell's common stock, which was $390.14.
- Following this transaction, Lind's total holdings amount to 2,490.497 Directors Deferred Compensation Stock Units, inclusive of reinvested dividends.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, and the transaction itself is a routine part of director compensation. Therefore, the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The acquisition of deferred compensation stock units by a director aligns their interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of transaction: Acquisition of Directors Deferred Compensation Stock Units |
| 02/18/2025 | Date of report signature |
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