Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HUBS | Common Stock | Tax liability | -$1.8M | -3.03K | -4.1% | $592.58 | 70.9K | Jul 1, 2024 | Direct | F1 |
transaction | HUBS | Common Stock | Sale | -$1.71M | -2.88K | -4.06% | $592.80 | 68K | Jul 2, 2024 | Direct | F2 |
holding | HUBS | Common Stock | 8.17K | Jul 1, 2024 | See footnote. | F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | Shares withheld by Issuer to cover taxes associated with settlement of restricted stock units. |
F2 | This transaction reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted on 12/1/2023. |
F3 | Shares held by the KK 2024 GRAT Grantor Retained Annuity Trust dated March 1, 2024 for which the Reporting Person is the trustee. |