Form 4: Huntington Bancshares Director Alanna Y. Cotton Reports Acquisition of Common Stock

Alanna Y. Cotton, a director of Huntington Bancshares, reported acquiring common stock through a dividend reinvestment and holdings in a deferred compensation plan.

Summary

• On April 23, 2024, Alanna Y. Cotton, a director of Huntington Bancshares Inc., acquired 2,123.997 shares of common stock at a price of $13.53 per share.
• This acquisition was made through the automatic reinvestment of dividends.
• Cotton also has 57,275.519 shares of common stock.
• Following the transaction, Cotton directly owns 57,275.519 shares and indirectly owns 21,549.505 shares through a Director Deferred Compensation Plan.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as the director is increasing their stake in the company through dividend reinvestment, which can be seen as a sign of confidence.

Positives

• The director's acquisition of shares through dividend reinvestment demonstrates confidence in the company's performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, providing investors with insights into the actions of company directors and officers.

Stakeholder Impact

• The acquisition of shares by a director may positively influence shareholder sentiment.

Key Dates