Form 4: Huntington Bancshares CFO Zachary Wasserman Reports Stock Transaction
SEC Form 4 Filing
CFO Zachary Jacob Wasserman of Huntington Bancshares reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- Zachary Jacob Wasserman, CFO and Senior Executive V.P. of Huntington Bancshares, filed a Form 4 indicating a change in beneficial ownership.
- On March 26, 2025, Wasserman disposed of 6,711 shares of common stock at a price of $15.26 per share to satisfy tax withholding obligations related to the vesting of a restricted stock unit award.
- Following the transaction, Wasserman directly owns 328,826.627 shares of Huntington Bancshares common stock.
- Wasserman also indirectly owns 8,026.451 shares through the Executive Deferred Compensation Plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in the financial industry.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/26/2025 | Date of stock transaction (disposal of shares). |
| 03/28/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Huntington Bancshares, HBAN, Zachary Wasserman, CFO, Stock Transaction, Tax Withholding, Restricted Stock Units
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