06/16/2026 | Press release | Distributed by Public on 06/16/2026 14:23
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As further described in Item 5.07 below, the stockholders of HubSpot, Inc. (the "Company") approved Amendment No. 1 (the "2024 Plan Amendment") to the Company's 2024 Stock Option and Incentive Plan (the "2024 Plan") at the Company's 2026 Annual Meeting of Stockholders (the "Annual Meeting") held on June 15, 2026. Pursuant to the 2024 Plan Amendment, the number of shares of common stock of the Company reserved for issuance under the 2024 Plan was increased by 2,300,000 shares.
A description of the 2024 Plan Amendment is included in Proposal Four of the Company's Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission (the "SEC") on April 27, 2026 (the "Proxy Statement"), which summary is incorporated in its entirety herein by reference. The descriptions of the 2024 Plan Amendment contained herein and in the Proxy Statement do not purport to be complete and are subject to, and qualified in their entirety by reference to, the full text of the 2024 Plan Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 5.07 Submission of Matters to a Vote of Security Holders.
The Annual Meeting was held on June 15, 2026, to consider and vote on the six proposals set forth below, each of which is described in greater detail in the Proxy Statement. The final voting results are set forth below.
Proposal 1 - Election of Directors
The stockholders elected each of the five persons named below to serve as a Class III director for a one-year term ending at the 2027 annual meeting or until his or her successor is elected and qualified. The results of such vote were as follows:
|
Director Name |
Votes For |
Votes Against |
Abstentions |
Broker Non- Votes |
||||
|
Mike Berry |
37,079,048 |
814,459 |
20,782 |
7,107,410 |
||||
|
Claire Hughes Johnson |
34,396,195 |
3,495,284 |
22,810 |
7,107,410 |
||||
|
Yamini Rangan |
37,499,400 |
393,440 |
21,449 |
7,107,410 |
|
Clara Shih |
37,526,342 |
368,333 |
19,614 |
7,107,410 |
||||
|
Jay Simons |
36,191,016 |
1,702,380 |
20,893 |
7,107,410 |
Proposal 2 - Ratification of Appointment of Independent Registered Public Accounting Firm
The stockholders ratified the appointment of PricewaterhouseCoopers LLP to perform the audit of the Company's consolidated financial statements for the fiscal year ending December 31, 2026. The results of such vote were as follows:
|
Votes For |
Votes Against |
Abstentions |
||
|
44,385,046 |
603,404 |
33,249 |
Proposal 3 - To Approve, on a Non-Binding, Advisory Basis, the Compensation of the Company's Named Executive Officers
The stockholders approved, on a non-binding, advisory basis, the compensation of the Company's named executive officers. The results of such vote were as follows:
|
Votes For |
Votes Against |
Abstentions |
Broker Non- Votes |
|||
|
34,125,774 |
3,704,399 |
84,116 |
7,107,410 |
Proposal 4 - To Approve the Amendment to the Company's 2024 Stock Option and Incentive Plan
The stockholders approved the 2024 Plan Amendment. The results of such vote were as follows:
|
Votes For |
Votes Against |
Abstentions |
Broker Non- Votes |
|||
|
35,214,611 |
2,616,163 |
83,515 |
7,107,410 |
Proposal 5 - Stockholder Proposal: Special Shareholder Meeting Improvement
The stockholders approved the non-binding stockholder proposal to amend the Company's Sixth Amended and Restated Bylaws to provide stockholders owning 10% or more of the Company's outstanding common stock the ability to call a special meeting of stockholders. The results of such vote were as follows:
|
Votes For |
Votes Against |
Abstentions |
Broker Non- Votes |
|||
|
30,011,042 |
7,866,837 |
36,410 |
7,107,410 |
Proposal 6 - To Approve the Adjournment Proposal.
The stockholders approved the proposal to adjourn the Annual Meeting to a later date or dates, if necessary or appropriate, to solicit additional proxies if there were insufficient votes for the approval of Proposals One through Four. The results of such vote were as follows:
|
Votes For |
Votes Against |
Abstentions |
Broker Non- Votes |
|||
|
38,290,605 |
6,682,008 |
49,086 |
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