Yamini Rangan - 01 Oct 2024 Form 4 Insider Report for HUBSPOT INC (HUBS)

Signature
/s/ Alyssa Harvey Dawson, attorney-in-fact
Issuer symbol
HUBS
Transactions as of
01 Oct 2024
Transactions value $
-$2,387,167
Form type
4
Filing time
03 Oct 2024, 17:39:11 UTC
Previous filing
05 Sep 2024
Next filing
11 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUBS Common Stock Tax liability -$1,594,726 -3,028 -4.51% $526.66 64,175 01 Oct 2024 Direct F1
transaction HUBS Common Stock Sale -$792,440 -1,507 -2.35% $525.84 62,668 02 Oct 2024 Direct F2
holding HUBS Common Stock 8,170 01 Oct 2024 See Footnote. F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

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.