Form 4: Huntington Bancshares Executive Reports Stock Transaction
SEC Form 4 Filing
Prashant Nateri, Chief Corp Operations Officer at Huntington Bancshares, reports disposition of shares to cover tax obligations.
Summary
- On May 1, 2024, Prashant Nateri, Chief Corp Operations Officer of Huntington Bancshares Inc., reported a transaction involving common stock.
- A total of 2,802 shares were disposed of at a price of $13.65 per share to satisfy tax withholding obligations upon the vesting of a restricted stock unit award.
- Following the transaction, Nateri directly owns 11,620.739 shares of Huntington Bancshares Inc. common stock, which includes accrued dividend equivalents.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing simply reports a routine transaction for tax purposes.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders trade their company's stock. This provides transparency to the market.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of stock transaction (disposal of shares). |
| 05/03/2024 | Date of signature on the Form 4 filing. |
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