Form 4: HubSpot CFO Kathryn Bueker Reports Stock Transactions
SEC Form 4 Filing
Kathryn Bueker, CFO of HubSpot, reports the disposal of shares to cover taxes and a sale under a pre-arranged 10b5-1 trading plan.
Summary
- Kathryn Bueker, the Chief Financial Officer of HubSpot, reported transactions involving the company's common stock.
- On July 1, 2024, 1,068 shares were withheld by the issuer to cover taxes associated with the settlement of restricted stock units at a price of $592.58.
- On July 2, 2024, Bueker sold 1,135 shares at a price of $592.8.
- These transactions were executed under a 10b5-1 trading plan adopted on February 16, 2024.
- Following these transactions, Bueker beneficially owns 44,715 shares of HubSpot common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock transactions by an insider, which are part of a pre-arranged trading plan and tax obligations.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, allowing investors to monitor management's perspective on the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the small volume of shares involved.
Key Dates
| Date | Description |
|---|---|
| 02/16/2024 | Date of adoption of the 10b5-1 trading plan. |
| 07/01/2024 | Shares withheld by Issuer to cover taxes associated with settlement of restricted stock units. |
| 07/02/2024 | Sale of shares pursuant to a 10b5-1 trading plan. |
| 07/03/2024 | Date of signature for the Form 4 filing. |
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.