Form 4: Huntington Bancshares Executive Kleinman Sells Shares to Cover Tax Obligations

Scott D. Kleinman, a Senior Executive V.P. at Huntington Bancshares, disposed of 6,711 shares of common stock on March 26, 2025, to satisfy tax withholding obligations upon the vesting of a restricted stock unit award.

Summary

• On March 26, 2025, Scott D. Kleinman, a Senior Executive V.P. at Huntington Bancshares, engaged in a transaction involving the company's common stock.
• Kleinman disposed of 6,711 shares to cover tax obligations related to the vesting of a restricted stock unit award.
• The shares were sold at a price of $15.26 per share.
• Following the transaction, Kleinman directly owns 446,417.704 shares of Huntington Bancshares common stock.
• Kleinman also indirectly owns 345.858 shares through the Issuer's Supplemental Stock Purchase and Tax Savings Plan.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, with no indication of positive or negative sentiment.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies, often related to compensation packages and tax planning. These transactions are closely monitored by investors for insights into executive sentiment and potential future performance.

Stakeholder Impact

• The transaction has a minimal direct impact on shareholders, employees, customers, suppliers, and creditors.

Key Dates

Keywords

Huntington Bancshares, HBAN, Scott Kleinman, Form 4, Executive Compensation, Stock Sale, Tax Withholding, Restricted Stock Units, Beneficial Ownership