Form 4: Huntington Bancshares Director Acquires Shares Through Deferred Compensation Plan

Kenneth J. Phelan, a director at Huntington Bancshares, acquired 2,884.215 shares of common stock through the Directors' Deferred Compensation Plan on April 22, 2025.

Summary

• On April 22, 2025, Kenneth J. Phelan, a director of Huntington Bancshares Inc., acquired 2,884.215 shares of common stock.
• The acquisition was made through the Directors' Deferred Compensation Plan.
• The price per share was $0.0000.
• Following the transaction, Phelan directly owns 121,984.915 shares and indirectly owns 50,818.478 shares through the Deferred Compensation Plan.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine transaction related to director compensation.

Positives

• The acquisition of shares by a director may signal confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Directors often receive stock as part of their compensation, and these transactions must be reported to the SEC.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine part of director compensation.

Key Dates

Keywords

Huntington Bancshares, Director, Share Acquisition, Deferred Compensation Plan, HBAN, Beneficial Ownership, Form 4