Form 4: Huntington Bancshares Director Increases Holdings

Huntington Bancshares Director Rafael Diaz-Granados acquired additional common stock, increasing his direct and indirect beneficial ownership.

Summary

• Director Rafael Diaz-Granados acquired 312.755 shares of Huntington Bancshares Common Stock directly on October 1, 2025.
• An additional 218.275 shares were acquired indirectly through the Director Deferred Compensation Plan on October 1, 2025.
• Both acquisitions were reported at a price of $0.0000 per share, indicating a grant or award rather than a cash purchase.
• Following these transactions, Mr. Diaz-Granados's direct beneficial ownership stands at 34,895.874 shares.
• His indirect beneficial ownership, primarily through the Director Deferred Compensation Plan, is 24,432.599 shares.
• A Substitute Power of Attorney was executed on September 30, 2025, appointing Rachel L. Lawless, Robert Matthew Pearson, and Virginia L. Mockler as substitute attorneys-in-fact for Section 16 filings on behalf of Mr. Diaz-Granados.

Sentiment

Score: 7

Explanation: The director's acquisition of additional shares, particularly through a deferred compensation plan, indicates alignment of interests and confidence in the company, which is a moderately positive signal.

Positives

• Director Rafael Diaz-Granados increased his total stake in Huntington Bancshares by 531.03 shares.
• The acquisition of shares by a director, particularly through a deferred compensation plan, generally indicates alignment of management's interests with those of shareholders.

Future Outlook

No forward-looking statements or guidance were provided in this transaction report.

Industry Context

This filing is a routine insider transaction report specific to Huntington Bancshares and its director, Rafael Diaz-Granados. It does not contain information related to broader industry trends or competitive landscape.

Corporate Governance

Related Party Transactions

• Acquisition of 218.275 shares of common stock through the Director Deferred Compensation Plan, which is a transaction between the director (a related party) and the company as part of compensation.

Stakeholder Impact

• Shareholders may view the director's increased ownership as a positive signal of confidence in the company's future performance.
• Management's interests are further aligned with shareholder value through increased equity holdings.

Next Steps

• Rafael Diaz-Granados will continue to be subject to Section 16 filing requirements for his holdings and transactions in Huntington Bancshares securities.

Key Dates

Recommendation

The filing reports a routine acquisition of shares by a director, likely as part of compensation or a deferred plan. While insider buying can be a positive signal, this specific transaction size and type (grant at $0.00 price) is not significant enough to warrant a change in investment recommendation based solely on this filing. It primarily indicates continued alignment of director interests with shareholders.

Keywords

HBAN, Huntington Bancshares, Form 4, Insider Transaction, Director Stock Acquisition, Beneficial Ownership, Rafael Diaz-Granados, Deferred Compensation Plan