Form 4: Humana Executive Timothy S. Huval Reports Stock Transactions
SEC Form 4 Filing
Humana's Chief Administrative Officer, Timothy S. Huval, reported the sale of 3,703 shares and a charitable donation of 1,070 shares of Humana common stock on December 31, 2024, along with details of various stock options and restricted stock units.
Summary
- Timothy S. Huval, Chief Administrative Officer of Humana Inc., filed a Form 4 detailing changes in his beneficial ownership of company stock.
- On December 31, 2024, Mr. Huval sold 3,703 shares of Humana common stock at a price of $256.2585 per share.
- He also made a charitable donation of 1,070 shares of Humana common stock.
- The filing also details Mr. Huval's holdings of various stock options and restricted stock units, granted under the company's 2011 and 2019 stock incentive plans.
- These options have exercise prices ranging from $307.965 to $510.2425 and expire between 2026 and 2031.
- The restricted stock units vest in increments, with some vesting dates in 2023, 2024 and 2025.
Sentiment
Score: 5
Explanation: The document is a neutral disclosure of stock transactions, with no inherent positive or negative sentiment. It is a routine filing.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice in publicly traded companies. It provides transparency into the executive's holdings and transactions.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, as mandated by the SEC.
- The reported transactions are typical for executives who receive stock-based compensation.
- The vesting schedules for stock options and restricted stock units are also common in executive compensation packages.
Stakeholder Impact
- The stock sale and donation by the executive may have a minor impact on the overall market perception of the company.
- The disclosure provides transparency to shareholders regarding executive stock transactions.
Key Dates
| Date | Description |
|---|---|
| 02/25/2019 | Incentive and Non-Qualified stock options granted to reporting person, vesting in three increments from 02/25/20 to 02/25/22. |
| 02/24/2020 | Incentive and Non-Qualified stock options granted to reporting person, vesting in three annual increments from 2/24/21 to 2/24/23. |
| 02/22/2021 | Incentive and Non-Qualified stock options granted to reporting person, vesting in three annual increments from 2/22/22 to 2/22/24. |
| 02/21/2022 | Incentive and Non-Qualified stock options granted to reporting person, vesting in three annual increments from 2/21/23 to 2/21/25. |
| 02/24/2023 | Incentive and Non-Qualified stock options granted to reporting person, vesting in three annual increments from 2/24/24 to 2/24/26. Restricted stock units granted to reporting person, 33% of the award is vesting on 12/15/23, 12/15/24, and 12/15/25. |
| 02/21/2024 | Incentive and Non-Qualified stock options granted to reporting person, vesting in three annual increments from 2/21/25 to 2/21/27. |
| 12/31/2024 | Date of stock sale and charitable donation by Timothy S. Huval. |
| 01/03/2025 | Date of signature of the Form 4 filing. |
Keywords
Form 4, Humana, Stock Options, Restricted Stock Units, Beneficial Ownership, Executive Compensation, Stock Sale, Charitable Donation, Timothy S. Huval
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