Form 4: Huntington Bancshares Director Richard W. Neu Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Richard W. Neu reports acquiring Huntington Bancshares common stock through a deferred compensation plan.
Summary
- On July 23, 2024, Richard W. Neu, a director of Huntington Bancshares Inc., acquired 2,855.883 shares of common stock at a price of $14.97 per share.
- Following the transaction, Neu directly owns 310,751.463 shares and indirectly owns 226,707.901 shares through a Director Deferred Compensation Plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.
Stakeholder Impact
- The acquisition of shares by a director may signal confidence in the company's future performance to shareholders.
Key Dates
| Date | Description |
|---|---|
| 07/23/2024 | Date of transaction: Richard W. Neu acquired common stock. |
| 07/25/2024 | Date of signature by Attorney-in-Fact, Anne Kruger. |
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