Form 4: Huntington Bancshares Executive Vice President Nancy E. Maloney Reports Stock Transaction
SEC Form 4 Filing
Executive VP and Controller of Huntington Bancshares, Nancy E. Maloney, reports disposition of shares to cover tax obligations.
Summary
- On May 1, 2024, Nancy E. Maloney, Executive VP and Controller of Huntington Bancshares Inc., reported a transaction involving common stock.
- The transaction involved the disposition of 1,509 shares at a price of $13.65.
- This disposition was to satisfy tax withholding obligations upon the vesting of a restricted stock unit award.
- Following the transaction, Maloney directly owns 111,499.17 shares of Huntington Bancshares Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates a standard transaction related to executive compensation and tax obligations.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of stock transaction (disposition of shares). |
| 05/03/2024 | Date of signature on the report. |
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