Form 4: Hubbell Director Bonnie Cruickshank Lind Reports Acquisition of Deferred Compensation Stock Units
SEC Form 4 Filing
Director Bonnie Cruickshank Lind reports acquisition of Hubbell Inc. deferred compensation stock units on May 15, 2025.
Summary
- On May 15, 2025, Bonnie Cruickshank Lind, a director of Hubbell Incorporated, acquired 80.825 Director 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.
- Following the reported transaction, Lind's total holdings include 2,580.877 Director Deferred Compensation Stock Units, inclusive of reinvested dividends.
- The deferred units are payable starting on the fifth business day of January following Lind's retirement or separation from the Board.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company through deferred compensation.
Positives
- The acquisition of deferred compensation stock units by a director signals confidence in the company's future performance.
Future Outlook
The document does not contain specific forward-looking statements regarding the company's future performance.
Industry Context
This filing is a routine disclosure related to director compensation and aligns with standard practices for publicly traded companies.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, reflecting confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: Acquisition of Director Deferred Compensation Stock Units. |
| 05/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Director Deferred Compensation Stock Units, Hubbell, Director, Lind, HUBB, Form 4, Beneficial Ownership
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