Form 4: Huntington Bancshares Director Acquires Deferred Stock Units

Director Jeffrey L. Tate acquired 9,404 deferred stock units in Huntington Bancshares on May 1, 2025.

Summary

• On May 1, 2025, Jeffrey L. Tate, a director of Huntington Bancshares, acquired 9,404 shares of common stock in the form of deferred stock units.
• The acquisition was a result of an award of deferred stock units, with the underlying shares to be delivered to Tate the later of six months following separation from service as a director or one year following the date of the award.
• Following the transaction, Tate directly owns 111,742.634 shares of Huntington Bancshares common stock and indirectly owns 4,972.741 shares through a Director Deferred Compensation Plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to deferred stock units, indicating standard compensation practices.

Positives

• The acquisition of deferred stock units by a director signals confidence in the company's future performance.

Future Outlook

The deferred stock units will be delivered to the Reporting Person the later of six months following separation from service as a director or one year following the date of the award.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be an indicator of their sentiment towards the company's prospects.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider ownership.

Key Dates

Keywords

Huntington Bancshares, Director, Deferred Stock Units, HBAN, Beneficial Ownership, Form 4