4/A: HubSpot Executive Chair Brian Halligan Amends Form 4 Filing to Correct Stock Option Price

Brian Halligan, Executive Chair of HubSpot, files an amendment to a previous Form 4 to correct the reported price of a stock option.

Summary

• This is an amendment to a Form 4 filing by Brian Halligan, the Executive Chair of HubSpot.
• The amendment corrects the price reported for a stock option in Table II of the original Form 4, which was filed on February 5, 2020.
• The incorrect price was inadvertently included in the original filing.
• All other information reported in the original Form 4 remains correct.
• The stock option, granting the right to buy 13,656 shares, was priced at $182.91.
• The option vests over four years, starting January 1, 2020, at a rate of 6.25% every three months, and expires on February 3, 2030.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing amendment. The correction of an error is a neutral event, but transparency is generally viewed positively.

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. Amendments are sometimes necessary to correct errors in the original filings.

Stakeholder Impact

• The correction of the stock option price ensures accurate information for investors and stakeholders.

Key Dates