Hubbell Inc. EVP Receives Equity and SAR Grant
HUBBELL INC
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Filing Summary
Hubbell Inc. ($HUBB) Form 4 Filing Summary • Insider: Mark Eugene Mikes (EVP, Pres Electrical Solutions) • Transaction Date: September 15, 2026 • Transaction Type: Grant / Award (Code A) • Shares Acquired: 1,133 Common Stock at $0.00 • Derivative Grants: 4,273 Stock Appreciation Rights (SARs) at $441.21 exercise price • Direct Ownership After: 4,372 shares • Significance: Low (Standard annual/promotional equity compensation)
Comprehensive Analysis
Hubbell Inc. ($HUBB) Insider Transaction Overview
Executive Information:
- Insider: Mark Eugene Mikes
- Title: Executive Vice President, President Electrical Solutions
- Company: Hubbell Incorporated ($HUBB)
Transaction Summary: On September 15, 2026, Mark Eugene Mikes received equity incentive awards consisting of both non-derivative restricted stock and derivative stock appreciation rights:
- Restricted Common Stock Grant: Acquired 1,133 shares of Common Stock at $0.00 per share under an equity incentive plan. The shares vest in full on the third anniversary of the grant date.
- Stock Appreciation Rights (SARs): Acquired 4,273 SARs with an exercise price of $441.21 per share and an expiration date of September 15, 2036. The SARs vest in three equal annual installments starting September 15, 2027.
Holdings After Transaction:
- Direct holdings of common stock increased to 4,372 shares.
Market Assessment: This transaction represents routine executive equity-based compensation rather than an open-market purchase or sale. Because the shares and SARs were awarded under company incentive plans at no direct purchase cost, the transaction carries Low trading significance for market participants.
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