Form 4: Hubbell Inc. CEO Gerben Bakker Reports Stock Transaction
SEC Form 4 Filing
Gerben Bakker, Chairman, President, and CEO of Hubbell Inc., reports disposition of shares to cover tax obligations upon vesting of restricted shares.
Summary
- On February 7, 2025, Gerben Bakker, Chairman, President, and CEO of Hubbell Inc., disposed of 2,558 shares of common stock to cover tax obligations.
- The transaction was executed at a price of $399.56 per share.
- Following the transaction, Bakker directly owns 63,857 shares of Hubbell Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax obligation fulfillment related to vested shares.
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 long-term commitment to the company.
Key Dates
| Date | Description |
|---|---|
| 02/07/2025 | Date of stock transaction (disposal of shares). |
| 02/11/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Hubbell Inc, HUBB, Gerben Bakker, Stock Transaction, Beneficial Ownership, SEC Filing
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