Form 4: Huntington Bancshares Director Acquires Shares Through Deferred Compensation Plan
SEC Form 4 Filing
Kenneth J. Phelan, a director of Huntington Bancshares, acquired 2,659.765 shares of common stock through a deferred compensation plan on October 22, 2024.
Summary
- On October 22, 2024, Kenneth J. Phelan, a director of Huntington Bancshares Inc., acquired 2,659.765 shares of common stock.
- The acquisition was made through a Director Deferred Compensation Plan.
- The price per share was $0.00.
- Following the transaction, Phelan directly owns 120,376.493 shares and indirectly owns 44,748.063 shares through the deferred compensation plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any particular positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure related to insider transactions and is a common occurrence for publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a director's acquisition of shares through a pre-existing compensation plan.
Key Dates
| Date | Description |
|---|---|
| 10/22/2024 | Date of transaction: Kenneth J. Phelan acquired shares of Huntington Bancshares through a deferred compensation plan. |
| 10/23/2024 | Date of signature: Anne Kruger, Attorney-in-Fact, signed the Form 4 on behalf of Kenneth J. Phelan. |
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