Form 4: Huntington Bancshares Executive Amit Dhingra Reports Stock Transaction
SEC Form 4
Amit Dhingra, Chief Enterprise Payments Officer at Huntington Bancshares, reports the disposal of 1,181 shares to cover tax obligations upon vesting of a restricted stock unit award.
Summary
- On March 26, 2025, Amit Dhingra, Chief Enterprise Payments Officer of Huntington Bancshares Inc., disposed of 1,181 shares of common stock at a price of $15.26.
- This transaction was to satisfy tax withholding obligations related to the vesting of a restricted stock unit award.
- Following the transaction, Dhingra directly owns 163,459.113 shares of Huntington Bancshares common stock.
- Dhingra also indirectly owns 6,824 shares through the Issuer's Supplemental Stock Purchase and Tax Savings Plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction for tax purposes. It doesn't indicate any significant positive or negative outlook.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment of interests.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/26/2025 | Date of stock transaction (disposal of shares). |
| 03/28/2025 | Date of signature on the Form 4 filing. |
Keywords
Huntington Bancshares, HBAN, Amit Dhingra, stock transaction, Form 4, insider trading, Chief Enterprise Payments Officer, restricted stock unit, tax withholding
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.