Form 4: Huntington Bancshares Director Ann B. Crane Acquires Shares Through Deferred Compensation Plan
SEC Form 4 Filing
Director Ann B. Crane acquired 2,229.636 shares of Huntington Bancshares stock through a deferred compensation plan on January 21, 2025.
Summary
- Ann B. Crane, a director at Huntington Bancshares, acquired 2,229.636 shares of common stock on January 21, 2025.
- The shares were acquired through a deferred compensation plan.
- The acquisition price was $0.00 per share.
- Following the transaction, Ms. Crane beneficially owns 87,471.282 shares indirectly through the deferred compensation plan and 207,597.23 shares directly.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to director compensation, which is neither particularly positive nor negative. It is a standard practice and does not indicate any significant change in the company's outlook.
Industry Context
This is a routine filing related to a director's stock ownership and is common in the financial industry.
Comparison to Industry Standards
- Director stock acquisitions through deferred compensation plans are a common practice in the financial industry.
- Many directors at comparable financial institutions receive stock as part of their compensation packages.
- These transactions are typically disclosed through SEC Form 4 filings, which are standard practice.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns director interests with company performance.
Key Dates
| Date | Description |
|---|---|
| 01/21/2025 | Date of the stock acquisition by Ann B. Crane. |
| 01/24/2025 | Date of signature of the Form 4 filing. |
Keywords
Huntington Bancshares, Director, Ann B. Crane, Stock Acquisition, Deferred Compensation, Beneficial Ownership, Form 4
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