Form 4: Huntington Bancshares Executive Brantley J. Standridge Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Senior Executive V.P. Brantley J. Standridge of Huntington Bancshares Inc. reports disposing of 58,434 shares of common stock to cover tax obligations upon vesting of a restricted stock unit award.
Summary
- On April 11, 2025, Brantley J. Standridge, a Senior Executive V.P. at Huntington Bancshares Inc., disposed of 58,434 shares of common stock.
- The shares were disposed of at a price of $12.89 per share.
- This transaction was to satisfy the reporting person's tax withholding obligation upon the vesting of a restricted stock unit award.
- Following the transaction, Standridge directly owns 396,872.533 shares of Huntington Bancshares Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations arising from vested stock awards, a common practice.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/11/2025 | Date of the stock disposal transaction. |
| 04/15/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Form 4, Huntington Bancshares, HBAN, Stock Disposal, Tax Obligations, Brantley J. Standridge, Executive Compensation, Restricted Stock Unit
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.