Form 4: HubSpot CEO Yamini Rangan Reports Stock Transactions
SEC Form 4 Filing
HubSpot CEO Yamini Rangan reports disposition of shares to cover taxes and sales of common stock.
Summary
- On April 1, 2024, Yamini Rangan, CEO of HubSpot, had 3,033 shares withheld by the issuer to cover taxes associated with the settlement of restricted stock units at a price of $636.85.
- Following this transaction, Rangan directly owned 77,658 shares of common stock.
- On April 2, 2024, Rangan sold 2,874 shares of common stock at a price of $627.12, reducing direct ownership to 74,784 shares.
- Rangan also indirectly owns 8,170 shares through the KK 2024 GRAT Grantor Retained Annuity Trust dated March 13, 2024, for which Rangan serves as trustee.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| March 13, 2024 | Date of the KK 2024 GRAT Grantor Retained Annuity Trust |
| April 01, 2024 | Shares withheld by Issuer to cover taxes associated with settlement of restricted stock units |
| April 02, 2024 | Sale of Common Stock |
| April 03, 2024 | Date of signature for the report |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.