Form 4: Huntington Bancshares Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Kendall A. Kowalski, Chief Information Officer of Huntington Bancshares, disposed of 1,393 shares of common stock to cover tax obligations related to vesting of a restricted stock unit award.
Summary
- On March 26, 2024, Kendall A. Kowalski, the Chief Information Officer of Huntington Bancshares Inc., disposed of 1,393 shares of common stock.
- The transaction was executed to satisfy the reporting person's tax withholding obligation upon the vesting of a restricted stock unit award.
- The shares were sold at a price of $13.34 per share.
- Following the transaction, Kowalski directly owns 23,879 shares of Huntington Bancshares Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market, and are required by the SEC to ensure transparency of trading by corporate insiders.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Date of transaction: disposal of shares to cover tax obligations. |
| 03/28/2024 | Date of signature on the Form 4 filing. |
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