Form 4: Huntington Bancshares Director Rafael Diaz-Granados Reports Changes in Beneficial Ownership

Rafael Diaz-Granados, a director at Huntington Bancshares, reported changes in beneficial ownership of common stock on October 22, 2024, including acquisitions and disposals.

Summary

• On October 22, 2024, Rafael Diaz-Granados, a director of Huntington Bancshares, reported changes in their beneficial ownership of the company's common stock.
• The reported transactions include the acquisition of 2,259.985 shares of common stock at a price of $0.00, and a disposal of 23,046.503 shares.
• Following these transactions, Diaz-Granados directly owns 23,046.503 shares and indirectly owns 15,909.016 shares through a Director Deferred Compensation Plan.
• The filing clarifies that it should not be construed as an admission of beneficial ownership for Section 16 purposes of the Securities and Exchange Act of 1934.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions by a company insider.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track potential alignment of interests between management and shareholders.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding the transactions of a company director.

Key Dates