Form 4: Huntington Bancshares CEO Stephen Steinour Reports Stock Transactions

Huntington Bancshares CEO Stephen Steinour reported acquiring and disposing of company stock on January 2, 2025, according to a recent SEC filing.

Summary

• Stephen Steinour, the CEO and Chairman of Huntington Bancshares, reported several transactions involving the company's common stock on January 2, 2025.
• He acquired 6,144.338 shares of common stock at a price of $0.00, and also acquired 495.184 shares indirectly through the Issuer's Investment and Tax Savings Plan at $0.00.
• Following these transactions, Mr. Steinour directly owns 1,414,250.714 shares of common stock.
• He also has indirect ownership of shares through various plans and trusts, including 52,933.268 shares through the Issuer's Investment and Tax Savings Plan, 3,381,521.177 shares through the Executive Deferred Compensation Plan, 2,898,505 shares through Family Trusts, 588,000 shares through GRATS, 90,363.268 shares through the Issuer's Supplemental Stock Purchase and Tax Savings Plan, and 1,924.43 shares through his spouse.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment. It is a routine filing.

Industry Context

This filing is a routine disclosure of insider transactions, which is common for executives of publicly traded companies. It provides transparency into the trading activities of key personnel.

Comparison to Industry Standards

• SEC Form 4 filings are standard practice for reporting insider transactions in publicly traded companies, such as Huntington Bancshares.
• The level of detail provided in this filing is consistent with other similar filings from executives at comparable financial institutions.
• The reporting of both direct and indirect ownership is a common practice to ensure full transparency of an executive's holdings.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the stock transactions of the company's CEO.
• The transactions do not appear to have any immediate impact on other stakeholders.

Key Dates

Keywords

Huntington Bancshares, Stephen Steinour, stock transactions, SEC Form 4, beneficial ownership, insider trading, common stock