Form 4: Hubbell Executive VP and CFO William R. Sperry Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
William R. Sperry, Executive VP and CFO of Hubbell Inc., disposed of 768 shares of common stock on February 7, 2025, to cover tax obligations upon vesting of restricted shares.
Summary
- On February 7, 2025, William R. Sperry, the Executive VP and CFO of Hubbell Inc. (HUBB), disposed of 768 shares of common stock.
- The transaction was executed to cover tax obligations arising from the vesting of restricted shares.
- The shares were disposed of at a price of $399.56 per share.
- Following the transaction, Sperry directly owns 43,313 shares of Hubbell Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes and does not indicate a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 02/07/2025 | Date of stock disposal transaction. |
| 02/11/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Hubbell Inc, HUBB, William R. Sperry, Executive VP, CFO, Stock Disposal, Tax Obligations, Restricted Shares, Beneficial Ownership
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