4/A: Huntington Bancshares CFO Zachary Wasserman Reports Share Disposal for Tax Obligations

Zachary Wasserman, CFO of Huntington Bancshares, disposed of shares to cover tax obligations related to vesting restricted stock units, with an amendment filed to correct a previous error.

Summary

• Zachary Jacob Wasserman, CFO and Senior Executive V.P. of Huntington Bancshares, filed an amended Form 4 with the SEC.
• The amendment corrects an erroneous transfer of shares to the Executive Deferred Compensation Plan and adjusts the number of shares withheld for tax obligations.
• On February 28, 2025, Wasserman disposed of 18,201 shares of common stock at a price of $16.47 to satisfy tax withholding obligations upon the vesting of a restricted stock unit award.
• Following the transaction, Wasserman beneficially owns 244,216.633 shares of Huntington Bancshares.
• The original filing date was March 4, 2025, and the amendment was filed on April 23, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction for tax purposes and a correction of an error. It doesn't indicate a significant positive or negative outlook for the company.

Industry Context

Form 4 filings are routine disclosures required by the SEC when company insiders, like the CFO, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.

Key Dates

Keywords

Form 4, Huntington Bancshares, HBAN, Zachary Wasserman, CFO, SEC Filing, Share Disposal, Tax Obligations, Restricted Stock Units