Director at HubSpot (NYSE: HUBS) receives 1,211-share RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Anagnost Andrew reported acquisition or exercise transactions in this Form 4 filing.
HubSpot Inc. director Andrew Anagnost received a grant of 1,211 shares of Common Stock in the form of restricted stock units under the company’s 2024 Stock Option and Incentive Plan. Following this award, he holds 2,243 shares directly.
The restricted stock units vest in equal quarterly installments over one year from the grant date, with the final installment vesting on the first anniversary of the grant or immediately before HubSpot’s 2027 annual meeting of stockholders, whichever occurs first.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Anagnost Andrew
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,211 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,243 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 1,211 shares
Price per share: $0.0000 per share
Post-transaction holdings: 2,243 shares
+1 more
4 metrics
RSU grant size
1,211 shares
Restricted stock units of Common Stock granted to director
Price per share
$0.0000 per share
Reported transaction price for the RSU award
Post-transaction holdings
2,243 shares
Total Common Stock directly held after grant
Vesting period
One year
Equal quarterly vesting from grant date
Key Terms
restricted stock unit, 2024 Stock Option and Incentive Plan, vest, annual meeting of stockholders
4 terms
restricted stock unit financial
"These shares were acquired pursuant to a restricted stock unit award under the Company's 2024 Stock Option and Incentive Plan."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
2024 Stock Option and Incentive Plan financial
"These shares were acquired pursuant to a restricted stock unit award under the Company's 2024 Stock Option and Incentive Plan."
vest financial
"The restricted stock units will vest in equal quarterly installments over a one-year period from the date of grant."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of stockholders financial
"The final installment vesting upon the first anniversary of such grant date or immediately prior to the Company's 2027 annual meeting of stockholders."
FAQ
What insider transaction did HubSpot (HUBS) report for Andrew Anagnost?
HubSpot reported that director Andrew Anagnost received a grant of 1,211 restricted stock units of Common Stock. These units were awarded under HubSpot’s 2024 Stock Option and Incentive Plan as equity-based compensation rather than an open-market purchase.
How do Andrew Anagnost’s HubSpot (HUBS) restricted stock units vest?
The 1,211 restricted stock units granted to Andrew Anagnost vest in equal quarterly installments over one year from the grant date. The final installment vests on the first anniversary of the grant or immediately before HubSpot’s 2027 annual meeting of stockholders.
What does a restricted stock unit grant mean for HubSpot (HUBS) directors?
A restricted stock unit grant gives directors a contingent right to receive shares over time. For HubSpot, each unit represents one share of Common Stock, encouraging alignment with shareholders while using a vesting schedule to support longer-term board service and retention.