Form 4: Huntington Bancshares Executive Scott Kleinman Reports Beneficial Ownership Changes

Sentiment:

SEC Form 4 Filing


Senior Executive V.P. Scott Kleinman reports changes in beneficial ownership of Huntington Bancshares stock, including acquisitions through the Issuer's Supplemental Stock Purchase and Tax Savings Plan.

Summary

  • Scott Kleinman, a Senior Executive V.P. at Huntington Bancshares, filed a Form 4 detailing changes in his beneficial ownership of the company's common stock.
  • On July 1, 2024, Kleinman acquired 2,630.143 shares of common stock.
  • Additionally, he acquired 7.655 shares through the Issuer's Supplemental Stock Purchase and Tax Savings Plan.
  • Following these transactions, Kleinman directly owns 420,879.182 shares and indirectly owns 338.953 shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Positives

  • The acquisition of shares through the Supplemental Stock Purchase and Tax Savings Plan indicates Kleinman's continued investment in the company.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
07/01/2024Date of the reported transactions: acquisition of common stock and shares through the Issuer's Supplemental Stock Purchase and Tax Savings Plan.
07/03/2024Date of signature by Attorney-in-Fact, Anne Kruger.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.