Form 4: Huntington Bancshares Director Alanna Y. Cotton Reports Beneficial Ownership Changes
SEC Form 4 Filing
Director Alanna Y. Cotton reports changes in beneficial ownership of Huntington Bancshares stock, including acquisitions through deferred compensation plans.
Summary
- On October 1, 2024, Alanna Y. Cotton, a director of Huntington Bancshares Inc., reported changes in her beneficial ownership of the company's common stock.
- She acquired 737.565 shares of common stock at a price of $0.00, increasing her direct holdings to 68,879.321 shares.
- Additionally, she acquired 256.219 shares indirectly through a Director Deferred Compensation Plan, bringing her indirect holdings to 23,979.418 shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions.
Positives
- The director's increased stake in the company could be interpreted as a sign of confidence in Huntington Bancshares' future performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, in their company's stock. These filings are closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of a company director.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of the reported transactions (acquisition of common stock). |
| 10/03/2024 | Date of signature for the Form 4 filing. |
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