Form 4: Huntington Bancshares CFO Zachary Wasserman Reports Stock Transactions

CFO Zachary Jacob Wasserman reports disposition of shares to cover tax obligations and transfer of shares to an executive deferred compensation plan.

Summary

• On February 28, 2025, Zachary Jacob Wasserman, CFO and Senior Executive V.P. of Huntington Bancshares Inc., reported transactions involving the company's common stock.
• 14,950 shares were disposed of at a price of $16.47 to satisfy tax withholding obligations upon the vesting of a restricted stock unit award.
• Additionally, 8,026.451 shares were transferred from directly-owned to the Executive Deferred Compensation Plan.
• Following these transactions, Wasserman directly owns 239,441.182 shares and indirectly owns 8,026.451 shares through the Executive Deferred Compensation Plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports routine stock transactions related to executive compensation and tax obligations.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like the CFO, trade their company's stock. These filings provide transparency into the transactions of company executives and can be monitored by investors for insights into management's perspective on the company's value.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders as they are related to executive compensation and tax obligations.

Key Dates