Form 4: HBAN CEO Stephen Steinour Transfers Shares to Trusts

Huntington Bancshares CEO Stephen Steinour reported a transfer of 64,000 common shares to trusts, effective November 19, 2025.

Summary

• Stephen D. Steinour, President, CEO, and Chairman of Huntington Bancshares Inc. (HBAN), reported a transaction involving the disposition of 64,000 shares of Common Stock.
• The transaction, effective November 19, 2025, was coded as a 'G' transaction, indicating a gift or transfer, with a price of $0.0000 per share.
• The shares were transferred to grantor retained annuity trusts (GRATs) and family trusts as part of personal financial planning.
• Following this transaction, direct beneficial ownership for Stephen D. Steinour stands at 1,588,763.404 shares.
• Indirect beneficial ownership includes 3,441,119.559 shares via an Executive Deferred Compensation Plan, 3,170,505 shares via Family Trusts, 444,500 shares via GRATS, 54,968.66 shares via the Issuer's Investment and Tax Savings Plan (401(k) Plan), 90,363.268 shares via the Issuer's Supplemental Stock Purchase and Tax Savings Plan, and 1,924.43 shares via his spouse.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transfer of shares to trusts for personal financial planning purposes, which is a neutral event regarding the company's operational performance or immediate stock valuation.

Positives

• The transaction represents a personal financial planning strategy by the CEO, which is a common practice among executives.

Negatives

• The transfer of shares to trusts is a personal financial planning event and does not inherently reflect negatively on the company's operational performance or future prospects.

Future Outlook

This filing, a Form 4, reports an insider's personal stock transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• The filing of this statement shall not be construed as an admission that the undersigned is, for the purpose of Section 16 of the Securities and Exchange Act of 1934 or otherwise, the beneficial owner of the securities.

Industry Context

This Form 4 filing details a routine insider transaction, specifically a transfer of shares to trusts by a senior executive. Such transactions are common personal financial planning activities for corporate leaders and typically do not reflect broader industry trends or competitive dynamics.

Related Party Transactions

• Stephen D. Steinour transferred shares to family trusts and grantor retained annuity trusts (GRATs), which are entities related to the reporting person.

Stakeholder Impact

• Shareholders may note the CEO's personal financial planning activities, but the direct impact on company operations or shareholder value is minimal as this is a non-sale transfer.

Key Dates

Keywords

Huntington Bancshares, HBAN, Stephen Steinour, Insider Transaction, Form 4, Stock Transfer, Trusts, CEO, Director, Beneficial Ownership