Form 4: Huntington Bancshares Executive Reports Stock Transactions
SEC Form 4 Filing
Kendall A. Kowalski, Chief Information Officer of Huntington Bancshares, reports acquisition and disposal of common stock related to performance share units.
Summary
- Kendall A. Kowalski, Chief Information Officer of Huntington Bancshares Inc., filed a Form 4 on March 12, 2025, reporting changes in beneficial ownership of the company's common stock.
- On March 7, 2025, Kowalski acquired 22,537.378 shares of common stock related to the 2022-2024 performance share unit (PSU) award cycle.
- On the same day, 6,841 shares were withheld to cover the associated tax liability upon the vesting of these performance share units at a price of $15.14 per share.
- Following these transactions, Kowalski directly owns 96,641.867 shares of common stock and indirectly owns 6,533.837 shares through the Issuer's Supplemental Stock Purchase and Tax Savings Plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a standard regulatory filing detailing stock transactions.
Industry Context
Form 4 filings are standard practice for reporting insider transactions and are required by the SEC to provide transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of stock acquisition and disposal related to PSU vesting. |
| 03/12/2025 | Date of Form 4 filing. |
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