Form 4: Huntington Bancshares Executive VP Brendan Lawlor Reports Stock Transaction
SEC Form 4 Filing
Executive VP and CCO of Huntington Bancshares, Brendan Lawlor, reports the disposal of 1,056 common stock shares to cover tax obligations related to vesting of restricted stock units on May 1, 2024.
Summary
- On May 1, 2024, Brendan A. Lawlor, Executive VP and CCO of Huntington Bancshares Inc., disposed of 1,056 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations upon the vesting of a restricted stock unit award.
- The shares were sold at a price of $13.65 per share.
- Following the transaction, Lawlor directly owns 19,765.863 shares of Huntington Bancshares Inc.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to tax obligations, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on market sentiment.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of stock transaction (disposal of shares). |
| 05/03/2024 | Date of signature by Attorney-in-Fact, Anne Kruger. |
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