4/A: HubSpot CFO Corrects Stock Option Price in Amended SEC Filing
SEC Filing Amendment
Kathryn Bueker, CFO of HubSpot, files an amendment to a previous SEC Form 4 to correct the reported price of a stock option.
Summary
- Kathryn Bueker, Chief Financial Officer of HubSpot, Inc., filed an amended Form 4 with the SEC on August 19, 2024.
- The amendment corrects the price reported in column 2 of Table II in the original Form 4 filed on February 5, 2020, which inadvertently included the incorrect price.
- The corrected filing relates to a stock option granting Bueker the right to buy 10,215 shares of HubSpot common stock at an exercise price of $182.91.
- The stock option vests over four years, beginning on January 1, 2020, at a rate of 6.25% every three months.
- All other information reported in the original Form 4 remains correct.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previously filed form, indicating standard corporate governance practices. The sentiment is neutral to slightly positive as it reflects attention to detail and compliance.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's securities, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The correction ensures accurate information is available to shareholders and the public.
Key Dates
| Date | Description |
|---|---|
| 02/03/2020 | Date of earliest transaction (stock option grant). |
| 01/01/2020 | Start date of stock option vesting schedule. |
| 02/05/2020 | Date of original Form 4 filing. |
| 08/19/2024 | Date of amended Form 4/A filing. |
| 02/03/2030 | Expiration date of the stock option. |
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