Form 4: Huntington Bancshares CFO Sells Shares in Recent Transaction

Huntington Bancshares CFO, Zachary Jacob Wasserman, sold 8,644 shares of common stock at a price of $17.631 per share on November 13, 2024.

Summary

• Zachary Jacob Wasserman, the CFO and Senior Executive Vice President of Huntington Bancshares Inc., sold 8,644 shares of common stock.
• The transaction occurred on November 13, 2024.
• The sale price was $17.631 per share.
• Following the transaction, Mr. Wasserman directly owns 259,943.154 shares of Huntington Bancshares common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by an executive, with no indication of positive or negative sentiment.

Industry Context

This is a routine SEC Form 4 filing, which is common for corporate executives who trade their company's stock. It provides transparency into insider transactions.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States.
• Executives at comparable financial institutions such as JP Morgan Chase, Bank of America, and Wells Fargo also regularly file Form 4s when they trade their company's stock.
• The volume and price of the transaction are within the normal range for executive stock sales.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders, as it is a routine sale by an executive.

Key Dates

Keywords

Huntington Bancshares, HBAN, Zachary Jacob Wasserman, CFO, stock sale, insider trading, executive transaction