secwatch.observer — SEC 8-K summary
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Issuer:     HUBSPOT INC (HUBS)
CIK:        0001404655
Form:       8-K
Filed at:   2022-04-14T23:59:59+00:00
Accession:  0000950170-22-005701
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HubSpot amends bylaws to allow 3%+ long-term holders to nominate up to 2 directors (or 20% of board)
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- Bylaw amendment effective April 13, 2022: stockholder(s) with ≥3% voting power for ≥3 years may nominate director candidates.
- Maximum nominees: greater of 2 or 20% of board seats in office at nomination deadline.
- Group of up to 20 stockholders can aggregate holdings to meet threshold.
- Amendment adopted on recommendation of nominating and ESG committee.
- No change to fiscal year or other articles.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1404655/000095017022005701/0000950170-22-005701-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1404655/000095017022005701/hubs-20220413.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-005701

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer