Form 4: Huntington Bancshares Director Sit Receives Deferred Stock Units

Director Roger J. Sit acquired 9,404 shares of Huntington Bancshares common stock in the form of deferred stock units on May 1, 2025.

Summary

• On May 1, 2025, Roger J. Sit, a director of Huntington Bancshares Inc., acquired 9,404 shares of common stock through an award of deferred stock units.
• The price per share was $0.0000.
• Following the transaction, Sit directly owns 190,065.537 shares of Huntington Bancshares common stock.
• Sit also has indirect ownership through various trusts and deferred compensation plans.
• The deferred stock units will be deliverable to Sit the later of six months following separation from service as a director or one year following the date of the award.

Sentiment

Score: 7

Explanation: The document is a routine disclosure of a director's stock acquisition, which is generally neutral to slightly positive as it reflects alignment of interests.

Future Outlook

The deferred stock units will be deliverable 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

Form 4 filings are routine disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. This particular filing reflects compensation in the form of deferred stock units, a common practice for directors.

Stakeholder Impact

• The transaction increases the director's stake in the company, aligning their interests with those of shareholders.

Key Dates

Keywords

Form 4, Huntington Bancshares, Director, Roger J. Sit, Deferred Stock Units, Beneficial Ownership, HBAN