Hubbell Inc. Enters New Agreement, Terminates Old One

TL;DR

Hubbell just signed a new deal and ditched an old one, creating new financial obligations.

AI Summary

On March 25, 2025, Hubbell Inc. entered into a material definitive agreement and simultaneously terminated a prior material definitive agreement. The company also created a direct financial obligation or an obligation under an off-balance sheet arrangement. Specific details regarding the agreements and financial obligations were not provided in this filing.

Why It Matters

This filing indicates a significant change in Hubbell's contractual and financial obligations, which could impact its future operations and financial performance.

Risk Assessment

Risk Level: medium — The filing indicates changes in material definitive agreements and financial obligations, which inherently carry some level of risk until further details are disclosed.

Key Players & Entities

• Hubbell Inc. (company) — Registrant
• March 25, 2025 (date) — Date of earliest event reported

FAQ

From the Filing

0001193125-25-064096.txt : 20250326 0001193125-25-064096.hdr.sgml : 20250326 20250326162248 ACCESSION NUMBER: 0001193125-25-064096 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250325 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Termination of a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250326 DATE AS OF CHANGE: 20250326 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HUBBELL INC CENTRAL INDEX KEY: 0000048898 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS & ACCESSORIES [3670] ORGANIZATION NAME: 04 Manufacturing EIN: 060397030 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-02958 FILM NUMBER: 25773582 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 8-K 1 d942784d8k.htm 8-K 8-K HUBBELL INC false 0000048898 0000048898 2025-03-25 2025-03-25     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 25, 2025     HUBBELL INCORPORATED (Exact name of registrant as specified in its charter)       Connecticut   1-2958   06-0397030 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)   40 Waterview Drive Shelton , Connecticut   06484 (Address of principal executive offices)   (Zip Code) Registrant’s telephone number, including area code: (475)   882-4000 N/A (Former name or former address, if changed since last report.)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock - par value $0.01 per share   HUBB   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 1.01 Entry into a Material Definitive Agreement. On March 25, 2025, Hubbell Incorporated (the “Company”), as borrower, and each foreign subsidiary borrower from time to time party thereto (collectively, the “Foreign Subsidiary Borrowers” and, together with the Company, the “Borrowers”) entered into a five-year credit agreement with a syndicate