Form 4: Huntington Bancshares Director Kenneth J. Phelan Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Kenneth J. Phelan reports acquisition of deferred stock units in Huntington Bancshares.
Summary
- On May 1, 2025, Kenneth J. Phelan, a director of Huntington Bancshares Inc., acquired 10,772 shares of common stock as deferred stock units.
- These shares were awarded at a price of $0.0000 per share.
- Following the transaction, Phelan directly owns 132,756.915 shares of common stock and indirectly owns 50,818.478 shares through a Director Deferred Compensation Plan.
- The deferred stock units will be delivered to Phelan the later of six months following separation from service as a director or one year following the date of the award.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard regulatory filing detailing stock ownership changes. There is no indication of positive or negative sentiment.
Future Outlook
The deferred stock units will be delivered to the Reporting Person the later of six months following separation from service as a director or one year following the date of the award.
Industry Context
This filing is a routine disclosure of stock ownership changes by a company insider, as required by the SEC. It doesn't necessarily reflect a broader industry trend but rather individual compensation and ownership adjustments.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction: acquisition of deferred stock units. |
| 05/05/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Huntington Bancshares, HBAN, Director, Kenneth J. Phelan, Deferred Stock Units, Beneficial Ownership, Section 16(a)
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