Form 4: HubSpot Executive Chair Brian Halligan Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Brian Halligan, Executive Chair of HubSpot, disposed of 517 shares of common stock on January 2, 2025, to cover tax obligations related to the settlement of restricted stock units.
Summary
- On January 2, 2025, Brian Halligan, the Executive Chair of HubSpot Inc., disposed of 517 shares of common stock.
- The transaction was executed to cover taxes associated with the settlement of restricted stock units.
- The price per share was $697.43.
- Following the transaction, Halligan beneficially owns 523,773 shares of HubSpot common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock disposal for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes by an executive.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of stock disposal transaction |
| 01/06/2025 | 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.