Form 4: Huntington Bancshares CEO Stephen Steinour Exercises Stock Options
SEC Form 4 Filing
Stephen Steinour, President, CEO & Chairman of Huntington Bancshares, exercised stock options and disposed of shares to cover taxes.
Summary
- On April 28, 2025, Stephen Steinour, the President, CEO & Chairman of Huntington Bancshares Inc., exercised stock options to acquire 34,055 shares of common stock at a price of $10.89.
- Following the transaction, Steinour directly owns 1,806,218.06 shares of Huntington Bancshares common stock.
- Steinour also indirectly owns shares through various entities, including the Executive Deferred Compensation Plan, Family Trusts, GRATS, the Issuer's Investment and Tax Savings Plan (401(k) Plan), the Issuer's Supplemental Stock Purchase and Tax Savings Plan, and through his spouse.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard insider transaction and doesn't necessarily indicate positive or negative sentiment about the company's future prospects.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions and is a common occurrence for executives who receive stock options as part of their compensation. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders, as it is a routine exercise of stock options and disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/01/2016 | Original date the employee/director stock option was exercisable |
| 04/28/2025 | Date of transaction: Stock options exercised and shares disposed of. |
| 04/29/2025 | Date of signature on the Form 4 filing. |
| 05/01/2025 | Expiration date of the employee/director stock option. |
Keywords
Huntington Bancshares, Stephen Steinour, stock options, Form 4, insider trading, HBAN, beneficial ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.