Form 4: Huntington Bancshares Executive Helga Houston Reports Changes in Beneficial Ownership
SEC Filing Form 4
Helga Houston, a Senior Executive VP at Huntington Bancshares, reported changes in her beneficial ownership of the company's stock due to tax withholding and a transfer of shares to a deferred compensation plan.
Summary
- Helga Houston, a Senior Executive VP at Huntington Bancshares, filed a Form 4 detailing changes in her beneficial ownership of the company's common stock.
- On February 28, 2025, 8,839 shares were disposed of at a price of $16.47 to satisfy tax withholding obligations upon the vesting of a restricted stock unit award.
- Shares were transferred from directly-owned to the Executive Deferred Compensation Plan.
- Following the reported transactions, Houston directly owns 554,608.548 shares of common stock.
- Houston also indirectly owns 338,413.177 shares through the Executive Deferred Compensation Plan and 18,837.048 shares through the Issuer's Supplemental Stock Purchase and Tax Savings Plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track changes in ownership and potential alignment of interests.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
- The transactions may have a minor impact on the overall float of the stock.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of transaction involving the disposal of shares for tax withholding and transfer to deferred compensation plan. |
| 03/04/2025 | Date of signature by Attorney-in-Fact, Anne Kruger. |
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