HUBS.NYSEHubspot INC

4/A: HubSpot CFO Corrects Stock Option Price in Amended SEC Filing

Sentiment:

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

DateDescription
02/03/2020Date of earliest transaction (stock option grant).
01/01/2020Start date of stock option vesting schedule.
02/05/2020Date of original Form 4 filing.
08/19/2024Date of amended Form 4/A filing.
02/03/2030Expiration date of the stock option.

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