February 2, 2024 · Form 4 insider transaction
DEL NERO JONATHAN M. sold 1,195 shares of Hubbell Incorporated at $352.23 per share, a transaction worth $420.9K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 4 days after the transaction.
The shares withheld by the Issuer were calculated on the spread between the price of the SAR and the market price on the date the SAR was exercised. The payment of withholding taxes for the SAR that was exercised on this date was also included in this number.