Hubbell Inc. DEF 14A: Executive Pay & Governance Details

Ticker: HUBB · Form: DEF 14A · Filed: 2024-03-25T00:00:00.000Z

Sentiment: neutral

Topics: proxy-statement, executive-compensation, corporate-governance

TL;DR

Hubbell's 2024 DEF 14A is out, detailing exec pay and board performance for 2023. Check it for shareholder votes.

AI Summary

Hubbell Inc. filed its DEF 14A on March 25, 2024, detailing executive compensation and corporate governance for the fiscal year ending December 31, 2023. The filing includes information on the compensation of its named executive officers and the performance of its board members, such as Gerben W. Bakker and David G. Nord. It also provides details on stock and option awards granted during the fiscal year.

Why It Matters

This filing provides shareholders with crucial information about how executive compensation is structured and how the company is governed, impacting investor confidence and long-term company strategy.

Risk Assessment

Risk Level: medium — DEF 14A filings can reveal information about executive compensation, potential shareholder disputes, or changes in corporate governance that could impact stock value.

Key Numbers

148 — Public Documents (Indicates the comprehensive nature of the filing.)
2023 — Fiscal Year (The period covered by the compensation and governance details.)

Key Players & Entities

HUBBELL INC (company) — Filer
Gerben W. Bakker (person) — Board Member
David G. Nord (person) — Board Member
20240325 (date) — Filing Date
2023-12-31 (date) — Fiscal Year End

FAQ

What is the total compensation for Hubbell Inc.'s CEO in 2023?

The filing does not explicitly state the CEO's total compensation in the provided text snippet, but it details compensation structures and grants for named executive officers.

Who are the key individuals mentioned in relation to board membership or compensation committees?

Gerben W. Bakker and David G. Nord are mentioned as members, potentially serving on committees related to compensation or governance.

When is the annual meeting of shareholders scheduled, as indicated by this filing?

The 'CONFORMED PERIOD OF REPORT' is 20240507, suggesting the annual meeting is around this date, though the exact date is not in the snippet.

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing (Definitive Proxy Statement) is used to solicit shareholder votes on important corporate matters, including the election of directors and executive compensation.

What industry does Hubbell Inc. operate in?

Hubbell Inc. operates in the 'ELECTRONIC COMPONENTS & ACCESSORIES' industry, with SIC code 3670.

From the Filing

0001308179-24-000281.txt : 20240325 0001308179-24-000281.hdr.sgml : 20240325 20240325161557 ACCESSION NUMBER: 0001308179-24-000281 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 148 CONFORMED PERIOD OF REPORT: 20240507 FILED AS OF DATE: 20240325 DATE AS OF CHANGE: 20240325 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HUBBELL INC CENTRAL INDEX KEY: 0000048898 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS & ACCESSORIES [3670] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 060397030 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-02958 FILM NUMBER: 24779405 BUSINESS ADDRESS: STREET 1: 40 WATERVIEW DR CITY: SHELTON STATE: CT ZIP: 06484-1000 BUSINESS PHONE: 2037994100 MAIL ADDRESS: STREET 1: 40 WATERVIEW DR CITY: SHELTON STATE: CT ZIP: 06484-1000 FORMER COMPANY: FORMER CONFORMED NAME: HUBBELL HARVEY INC DATE OF NAME CHANGE: 19860716 DEF 14A 1 lhubb2024_def14a.htm HUBBELL INC - DEF 14A HUBBELL INCORPORATED - DEF 14A false 0000048898 DEF 14A 0000048898 2023-01-01 2023-12-31 0000048898 hubb:GerbenWBakkerMember 2023-01-01 2023-12-31 0000048898 hubb:GerbenWBakkerMember 2022-01-01 2022-12-31 0000048898 2022-01-01 2022-12-31 0000048898 hubb:GerbenWBakkerMember 2021-01-01 2021-12-31 0000048898 2021-01-01 2021-12-31 0000048898 hubb:GerbenWBakkerMember 2020-01-01 2020-12-31 0000048898 hubb:DavidGNordMember 2020-01-01 2020-12-31 0000048898 2020-01-01 2020-12-31 0000048898 hubb:Peo1Member hubb:GerbenWBakkerMember 2023-01-01 2023-12-31 0000048898 hubb:Peo1Member hubb:GerbenWBakkerMember 2022-01-01 2022-12-31 0000048898 hubb:Peo1Member hubb:GerbenWBakkerMember 2021-01-01 2021-12-31 0000048898 hubb:Peo1Member hubb:GerbenWBakkerMember 2020-10-01 2020-12-31 0000048898 hubb:Peo2Member hubb:DavidGNordMember 2020-01-01 2020-09-30 0000048898 ecd:PeoMember hubb:GerbenWBakkerMember hubb:AggregateGrantDateFairValueOfRestrictedStockAndPerformanceSharesGrantedInTheApplicableYearAsCalculatedInAccordanceWithFASBASCTopic718Member 2023-01-01 2023-12-31 0000048898 ecd:PeoMember hubb:GerbenWBakkerMember hubb:AggregateGrantDateFairValueOfRestrictedStockAndPerformanceSharesGrantedInTheApplicableYearAsCalculatedInAccordanceWithFASBASCTopic718Member 2022-01-01 2022-12-31 0000048898 ecd:PeoMember hubb:GerbenWBakkerMember hubb:AggregateGrantDateFairValueOfRestrictedStockAndPerformanceSharesGrantedInTheApplicableYearAsCalculatedInAccordanceWithFASBASCTopic718Member 2021-01-01 2021-12-31 0000048898 ecd:PeoMember hubb:GerbenWBakkerMember hubb:AggregateGrantDateFairValueOfRestrictedStockAndPerformanceSharesGrantedInTheApplicableYearAsCalculatedInAccordanceWithFASBASCTopic718Member 2020-01-01 2020-12-31 0000048898 ecd:PeoMember hubb:GerbenWBakkerMember hubb:AggregateGrantDateFairValueOfSarsGrantedInTheApplicableYearAsCalculatedInAccordanceWithFASBASCTopic718Member 2023-01-01 2023-12-31 0000048898 ecd:PeoMember hubb:GerbenWBakkerMember hubb:AggregateGrantDateFairValueOfSarsGrantedInTheApplicableYearAsCalculatedInAccordanceWithFASBASCTopic718Member 2022-01-01 2022-12-31 0000048898 ecd:PeoMember hubb:GerbenWBakkerMember hubb:AggregateGrantDateFairValueOfSarsGrantedInTheApplicableYearAsCalculatedInAccordanceWithFASBASCTopic718Member 2021-01-01 2021-12-31 0000048898 ecd:PeoMember hubb:GerbenWBakkerMember hubb:AggregateGrantDateFairValueOfSarsGrantedInTheApplicableYearAsCalculatedInAccordanceWithFASBASCTopic718Member 2020-01-01 2020-12-31 0000048898 ecd:PeoMember hubb:GerbenWBakkerMember hubb:TheFairValueAsOfTheEndOfTheFiscalYearOfUnvestedEquityAwardsGrantedInThatYearMember 2023-01-01 2023-12-31 0000048898 ecd:PeoMember hubb:GerbenWBakkerMember hubb:TheFairValueAsOfTheEndOfTheFiscalYearOfUnvestedEquityAwardsGrantedInThatYearMember 2022-01-01 2022-12-31 0000048898 ecd:PeoMember hubb:GerbenWBakkerMember hubb:TheFairValueAsOfTheEndOfTheFiscalYearOfUnvestedEquityAwardsGrantedInThatYearMember 2021-01-01 2021-12-31 0000048898 ecd:PeoMember hubb:GerbenWBakkerMember hubb:TheFairValueAsOfTheE