AG真人官方

STOCK TITAN
  1. Home
  2. Sec-filings
  3. HUBS
  4. [Form 4] HUBSPOT, INC. Insider Trading Activity

[Form 4] HUBSPOT, INC. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

HubSpot, Inc. (HUBS) 鈥� Form 4 insider filing: Chief Technology Officer and Director Dharmesh Shah reported a Code F transaction on 01 July 2025, indicating 680 common shares were withheld by the company at $557.86 each to satisfy tax obligations related to restricted stock unit (RSU) settlement. No open-market sale occurred. Following the withholding, Shah directly owns 1,293,283 HUBS shares. He also reports indirect ownership of 16,000 shares in Polaris I Trust and 11,000 shares in Polaris II Trust; he disclaims beneficial ownership beyond his pecuniary interest. The filing shows continued substantial equity alignment by a key executive and does not signal any discretionary share sale.

HubSpot, Inc. (HUBS) 鈥� Comunicazione interna Form 4: Il Chief Technology Officer e Direttore Dharmesh Shah ha dichiarato una transazione di tipo Code F il 01 luglio 2025, indicando che la societ脿 ha trattenuto 680 azioni ordinarie a 557,86$ ciascuna per adempiere agli obblighi fiscali relativi al regolamento di unit脿 azionarie vincolate (RSU). Non 猫 stata effettuata alcuna vendita sul mercato aperto. Dopo la trattenuta, Shah possiede direttamente 1.293.283 azioni HUBS. Riporta inoltre una propriet脿 indiretta di 16.000 azioni nel Polaris I Trust e 11.000 azioni nel Polaris II Trust; rinuncia alla propriet脿 beneficiaria oltre il suo interesse pecuniario. La comunicazione evidenzia un continuo significativo allineamento azionario da parte di un dirigente chiave e non indica alcuna vendita discrezionale di azioni.

HubSpot, Inc. (HUBS) 鈥� Presentaci贸n interna Formulario 4: El Director de Tecnolog铆a y Director Dharmesh Shah report贸 una transacci贸n C贸digo F el 01 de julio de 2025, indicando que la empresa retuvo 680 acciones ordinarias a 557,86$ cada una para cumplir con obligaciones fiscales relacionadas con la liquidaci贸n de unidades de acciones restringidas (RSU). No se realiz贸 ninguna venta en el mercado abierto. Tras la retenci贸n, Shah posee directamente 1.293.283 acciones de HUBS. Tambi茅n informa propiedad indirecta de 16.000 acciones en Polaris I Trust y 11.000 acciones en Polaris II Trust; renuncia a la propiedad beneficiaria m谩s all谩 de su inter茅s pecuniario. La presentaci贸n muestra una continua alineaci贸n significativa de capital por parte de un ejecutivo clave y no indica ninguna venta discrecional de acciones.

HubSpot, Inc. (HUBS) 鈥� 雮措秬鞛� 鞁犼碃靹� Form 4: 斓滉碃旮办垹毂呾瀯鞛� 瓴� 鞚挫偓鞚� Dharmesh Shah臧� 2025雲� 7鞗� 1鞚检棎 旖旊摐 F 瓯半灅毳� 鞁犼碃頄堨溂氅�, 鞝滍暅 欤检嫕 雼渼(RSU) 鞝曥偘瓿� 甏�霠悳 靹戈笀 鞚橂毳� 於╈”頃橁赴 鞙勴暣 須岇偓臧� 680欤� 氤错喌欤茧ゼ 欤茧嫻 557.86雼煬鞐� 鞗愳矞歆曥垬頄堨潓鞚� 雮橅儉雰呺媹雼�. 瓿店皽 鞁滌灔鞐愳劀鞚� 毵る弰電� 鞐嗢棃鞀惦媹雼�. 鞗愳矞歆曥垬 頉� Shah電� 歆侅爲鞝侅溂搿� 1,293,283欤� HUBS 欤检嫕鞚� 氤挫湢頃橁碃 鞛堨姷雼堧嫟. 霕愴暅 Polaris I Trust鞚� 16,000欤�鞕赌 Polaris II Trust鞚� 11,000欤�鞐� 雽�頃� 臧勳爲 靻岇湢甓岇潉 鞁犼碃頄堨溂氅�, 旮堨爠鞝� 鞚挫澋鞚� 雱橃柎靹� 靾橃澋鞝� 靻岇湢甓岇潃 攵�鞚疙暕雼堧嫟. 鞚� 鞁犼碃電� 欤检殧 鞛勳洂鞚� 歆�靻嶌爜鞚� 靸侂嫻頃� 欤检嫕 鞝曤牞鞚� 氤挫棳欤茧┌, 鞛勳潣鞝侅澑 欤检嫕 毵る弰毳� 鞁滌偓頃橃 鞎婌姷雼堧嫟.

HubSpot, Inc. (HUBS) 鈥� D茅claration d鈥檌niti茅 Formulaire 4 : Le Directeur Technique et Administrateur Dharmesh Shah a d茅clar茅 une transaction de Code F le 1er juillet 2025, indiquant que la soci茅t茅 a retenu 680 actions ordinaires 脿 557,86 $ chacune pour satisfaire aux obligations fiscales li茅es au r猫glement des unit茅s d鈥檃ctions restreintes (RSU). Aucune vente sur le march茅 ouvert n鈥檃 eu lieu. Apr猫s cette retenue, Shah d茅tient directement 1 293 283 actions HUBS. Il d茅clare 茅galement une propri茅t茅 indirecte de 16 000 actions dans Polaris I Trust et 11 000 actions dans Polaris II Trust ; il d茅cline toute propri茅t茅 b茅n茅ficiaire au-del脿 de son int茅r锚t p茅cuniaire. La d茅claration t茅moigne d鈥檜n alignement important et continu des int茅r锚ts en actions d鈥檜n cadre cl茅 et ne signale aucune vente discr茅tionnaire d鈥檃ctions.

HubSpot, Inc. (HUBS) 鈥� Insider-Meldung Form 4: Chief Technology Officer und Direktor Dharmesh Shah meldete am 01. Juli 2025 eine Code-F-Transaktion, bei der das Unternehmen 680 Stammaktien zu je 557,86 USD einbehalten hat, um steuerliche Verpflichtungen im Zusammenhang mit der Abwicklung von Restricted Stock Units (RSU) zu erf眉llen. Kein Verkauf am offenen Markt fand statt. Nach dem Einbehalt besitzt Shah direkt 1.293.283 HUBS-Aktien. Er meldet zudem eine indirekte Beteiligung von 16.000 Aktien im Polaris I Trust und 11.000 Aktien im Polaris II Trust; er lehnt dar眉ber hinausgehendes wirtschaftliches Eigentum ab. Die Meldung zeigt eine weiterhin substanzielle Aktienausrichtung eines wichtigen F眉hrungskr盲fte und signalisiert keinen diskretion盲ren Aktienverkauf.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine tax withholding; no discretionary sale; insider maintains 1.3 M shares鈥攏eutral governance signal.

The Code F designation means the 680-share disposition was automatic to cover withholding taxes on vested RSUs, not an elective sale. Post-transaction direct ownership equals roughly 1.3 million shares, preserving strong economic alignment with shareholders. Indirect trust holdings are small relative to his direct stake and are fully disclosed. No new options or derivatives were exercised. Overall impact on float, ownership concentration, or governance risk is negligible.

TL;DR: Immaterial share count versus $HUBS float; no investment thesis change.

The 680 shares involved represent less than 0.1% of Shah鈥檚 holdings and an even smaller fraction of HubSpot鈥檚 50 M+ share float. Because it was a non-open-market disposition, market liquidity and supply dynamics remain unaffected. Shah鈥檚 sizable remaining stake continues to align incentives, a mild positive, but the event is too small to alter valuation models or portfolio weightings. I classify the filing as neutral for trading purposes.

HubSpot, Inc. (HUBS) 鈥� Comunicazione interna Form 4: Il Chief Technology Officer e Direttore Dharmesh Shah ha dichiarato una transazione di tipo Code F il 01 luglio 2025, indicando che la societ脿 ha trattenuto 680 azioni ordinarie a 557,86$ ciascuna per adempiere agli obblighi fiscali relativi al regolamento di unit脿 azionarie vincolate (RSU). Non 猫 stata effettuata alcuna vendita sul mercato aperto. Dopo la trattenuta, Shah possiede direttamente 1.293.283 azioni HUBS. Riporta inoltre una propriet脿 indiretta di 16.000 azioni nel Polaris I Trust e 11.000 azioni nel Polaris II Trust; rinuncia alla propriet脿 beneficiaria oltre il suo interesse pecuniario. La comunicazione evidenzia un continuo significativo allineamento azionario da parte di un dirigente chiave e non indica alcuna vendita discrezionale di azioni.

HubSpot, Inc. (HUBS) 鈥� Presentaci贸n interna Formulario 4: El Director de Tecnolog铆a y Director Dharmesh Shah report贸 una transacci贸n C贸digo F el 01 de julio de 2025, indicando que la empresa retuvo 680 acciones ordinarias a 557,86$ cada una para cumplir con obligaciones fiscales relacionadas con la liquidaci贸n de unidades de acciones restringidas (RSU). No se realiz贸 ninguna venta en el mercado abierto. Tras la retenci贸n, Shah posee directamente 1.293.283 acciones de HUBS. Tambi茅n informa propiedad indirecta de 16.000 acciones en Polaris I Trust y 11.000 acciones en Polaris II Trust; renuncia a la propiedad beneficiaria m谩s all谩 de su inter茅s pecuniario. La presentaci贸n muestra una continua alineaci贸n significativa de capital por parte de un ejecutivo clave y no indica ninguna venta discrecional de acciones.

HubSpot, Inc. (HUBS) 鈥� 雮措秬鞛� 鞁犼碃靹� Form 4: 斓滉碃旮办垹毂呾瀯鞛� 瓴� 鞚挫偓鞚� Dharmesh Shah臧� 2025雲� 7鞗� 1鞚检棎 旖旊摐 F 瓯半灅毳� 鞁犼碃頄堨溂氅�, 鞝滍暅 欤检嫕 雼渼(RSU) 鞝曥偘瓿� 甏�霠悳 靹戈笀 鞚橂毳� 於╈”頃橁赴 鞙勴暣 須岇偓臧� 680欤� 氤错喌欤茧ゼ 欤茧嫻 557.86雼煬鞐� 鞗愳矞歆曥垬頄堨潓鞚� 雮橅儉雰呺媹雼�. 瓿店皽 鞁滌灔鞐愳劀鞚� 毵る弰電� 鞐嗢棃鞀惦媹雼�. 鞗愳矞歆曥垬 頉� Shah電� 歆侅爲鞝侅溂搿� 1,293,283欤� HUBS 欤检嫕鞚� 氤挫湢頃橁碃 鞛堨姷雼堧嫟. 霕愴暅 Polaris I Trust鞚� 16,000欤�鞕赌 Polaris II Trust鞚� 11,000欤�鞐� 雽�頃� 臧勳爲 靻岇湢甓岇潉 鞁犼碃頄堨溂氅�, 旮堨爠鞝� 鞚挫澋鞚� 雱橃柎靹� 靾橃澋鞝� 靻岇湢甓岇潃 攵�鞚疙暕雼堧嫟. 鞚� 鞁犼碃電� 欤检殧 鞛勳洂鞚� 歆�靻嶌爜鞚� 靸侂嫻頃� 欤检嫕 鞝曤牞鞚� 氤挫棳欤茧┌, 鞛勳潣鞝侅澑 欤检嫕 毵る弰毳� 鞁滌偓頃橃 鞎婌姷雼堧嫟.

HubSpot, Inc. (HUBS) 鈥� D茅claration d鈥檌niti茅 Formulaire 4 : Le Directeur Technique et Administrateur Dharmesh Shah a d茅clar茅 une transaction de Code F le 1er juillet 2025, indiquant que la soci茅t茅 a retenu 680 actions ordinaires 脿 557,86 $ chacune pour satisfaire aux obligations fiscales li茅es au r猫glement des unit茅s d鈥檃ctions restreintes (RSU). Aucune vente sur le march茅 ouvert n鈥檃 eu lieu. Apr猫s cette retenue, Shah d茅tient directement 1 293 283 actions HUBS. Il d茅clare 茅galement une propri茅t茅 indirecte de 16 000 actions dans Polaris I Trust et 11 000 actions dans Polaris II Trust ; il d茅cline toute propri茅t茅 b茅n茅ficiaire au-del脿 de son int茅r锚t p茅cuniaire. La d茅claration t茅moigne d鈥檜n alignement important et continu des int茅r锚ts en actions d鈥檜n cadre cl茅 et ne signale aucune vente discr茅tionnaire d鈥檃ctions.

HubSpot, Inc. (HUBS) 鈥� Insider-Meldung Form 4: Chief Technology Officer und Direktor Dharmesh Shah meldete am 01. Juli 2025 eine Code-F-Transaktion, bei der das Unternehmen 680 Stammaktien zu je 557,86 USD einbehalten hat, um steuerliche Verpflichtungen im Zusammenhang mit der Abwicklung von Restricted Stock Units (RSU) zu erf眉llen. Kein Verkauf am offenen Markt fand statt. Nach dem Einbehalt besitzt Shah direkt 1.293.283 HUBS-Aktien. Er meldet zudem eine indirekte Beteiligung von 16.000 Aktien im Polaris I Trust und 11.000 Aktien im Polaris II Trust; er lehnt dar眉ber hinausgehendes wirtschaftliches Eigentum ab. Die Meldung zeigt eine weiterhin substanzielle Aktienausrichtung eines wichtigen F眉hrungskr盲fte und signalisiert keinen diskretion盲ren Aktienverkauf.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
Shah Dharmesh
(Last) (First) (Middle)
C/O HUBSPOT, INC.
2 CANAL PARK
(Street)
CAMBRIDGE MA 02141
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HUBSPOT INC [ HUBS ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Technology Officer
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/01/2025 F(1) 680 D $557.86 1,293,283 D
Common Stock 16,000 I See Footnote.(2)
Common Stock 11,000 I See Footnote.(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares withheld by Issuer to cover taxes associated with settlement of restricted stock units.
2. Shares held by the Polaris I Trust, for which Dharmesh Shah serves as trustee. The reporting person disclaims beneficial ownership of these securities in excess of his pecuniary interest therein, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
3. Shares held by the Polaris II Trust, for which Dharmesh Shah serves as trustee. The reporting person disclaims beneficial ownership of these securities in excess of his pecuniary interest therein, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
/s/ Joseph Theis, attorney-in-fact 07/03/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source:

FAQ

Why did HubSpot CTO Dharmesh Shah dispose of 680 shares?

The shares were withheld by HubSpot to cover taxes on vested RSUs (Form 4 Code F), not an open-market sale.

How many HubSpot shares does Dharmesh Shah own after this filing?

He directly owns 1,293,283 shares and indirectly holds 27,000 shares through two family trusts.

Does this Form 4 indicate insider selling pressure on HUBS stock?

No. The disposition was automatic for tax withholding; it does not reflect discretionary selling activity.

What is the transaction price recorded on the Form 4?

The shares were valued at $557.86 per share for tax-withholding purposes.

Are there any new derivative securities or option exercises reported?

No derivative securities were acquired or exercised in this filing.
Stock HUBS logo
Hubspot Inc

NYSE:HUBS

HUBS Rankings

#554 Ranked by Market Cap
N/A Ranked by Dividends

HUBS Latest News

Jul 23, 2025
HubSpot to Announce Second Quarter 2025 Financial Results on August 6, 2025
Jun 4, 2025
HubSpot Launches First CRM Deep Research Connector With ChatGPT
May 13, 2025
Amy Poehler, Marques Brownlee, Sean Evans, and Dario Amodei to headline INBOUND 2025 in San Francisco
May 13, 2025
Rentsync Raises Significant Growth Investment Led by Silversmith Capital Partners
May 8, 2025
HubSpot Reports Q1 2025 Results

HUBS Latest SEC Filings

Jul 17, 2025
[Form 4] HUBSPOT, INC. Insider Trading Activity
Jul 15, 2025
[144] HUBSPOT, INC. SEC Filing
Jul 3, 2025
[Form 4] HUBSPOT, INC. Insider Trading Activity
Jul 3, 2025
[Form 4] HUBSPOT, INC. Insider Trading Activity
Jul 3, 2025
[Form 4] HUBSPOT, INC. Insider Trading Activity

HUBS Stock Data

29.58B
50.85M
3.59%
93.17%
1.41%
Software - Application
Services-prepackaged Software
United States
CAMBRIDGE