Form 4: Huntington Bancshares Executive Reports Changes in Beneficial Ownership

Donnell R. White, Chief DEI Officer of Huntington Bancshares, reports a transaction involving common stock due to tax liability coverage upon RSU vesting.

Summary

• On February 23, 2024, Donnell R. White, Chief DEI Officer, SVP of Huntington Bancshares, had shares withheld to cover tax liability upon the vesting of a Restricted Stock Unit (RSU) award.
• A total of 161 shares of common stock were disposed of at a price of $12.86 per share to cover this tax liability.
• Following the transaction, White directly owns 13,169.89 shares of Huntington Bancshares common stock.
• White also indirectly owns 588.608 shares through the Issuer's Investment and Tax Savings Plan (401(k) Plan).
• The report includes accrued dividend equivalents reflecting exempt automatic reinvestment of dividends on awards of restricted stock units.

Sentiment

Score: 7

Explanation: The document is a standard regulatory filing, indicating routine transactions. The sentiment is neutral as it reflects normal corporate activity.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the transactions of company insiders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment of executive stock ownership.

Key Dates