Form 4: Huntington Bancshares CEO Stephen Steinour Reports Changes in Beneficial Ownership

Stephen Steinour, CEO and Chairman of Huntington Bancshares, reports a transaction involving common stock related to tax obligations and deferred compensation.

Summary

• On February 28, 2025, Stephen Steinour, the President, CEO & Chairman of Huntington Bancshares Inc., reported changes in his beneficial ownership of the company's common stock.
• 20,910 shares were disposed of at a price of $16.47 to satisfy tax withholding obligations upon the vesting of a restricted stock unit award.
• Shares were transferred from directly-owned to the Executive Deferred Compensation Plan.
• Following the transaction, Steinour directly owns 1,333,742.332 shares of common stock.
• Steinour also indirectly owns shares through various plans and trusts, including the Executive Deferred Compensation Plan (3,441,119.559 shares), Family Trusts (2,898,505 shares), GRATS (588,000 shares), the Issuer's Investment and Tax Savings Plan (53,077.992 shares), the Issuer's Supplemental Stock Purchase and Tax Savings Plan (90,363.268 shares), and through his spouse (1,924.43 shares).

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment of the CEO's stock holdings.

Key Dates