CEO Bakker sells 25,233 shares for $12,590,627.18 at blended avg $498.97; 11 separate sales Feb 6
Gerben Bakker, Chairman, President & CEO of Hubbell Inc, executed 11 separate sales totaling 25,233 shares for $12,590,627.18 on 2026-02-06 at prices ranging from $494.22 to $503.43, with a blended average of $498.97. This represents a -28.1% reduction in his holdings, bringing post-transaction shares to 64,420 from a pre-transaction level of 89,653 shares. The stock trades near its 52-week high ($506.14 is the peak; current price $503.10 is -0.6% from that high) and has appreciated 6.9% over 30 days and 11.1% over 90 days. Bakker's same-ticker history at HUBB shows 5 prior sells with mixed timing outcomes—most notably sales in August 2024 followed by 90-day gains of 25.3%, 24.8%, 24.5%, and 24.2%, indicating his prior sales at this ticker have not preceded declines. This current sale occurs during a period of strong positive price momentum and at levels near the 52-week high, which differs from a pattern of selling into weakness.