Form 4: Huntington Bancshares Executive VP Brendan Lawlor Reports Stock Transactions
SEC Form 4 Filing
Executive VP and CCO of Huntington Bancshares, Brendan Lawlor, reports the disposal and acquisition of common stock, including shares withheld for tax obligations and sales under a pre-arranged trading plan.
Summary
- Brendan A Lawlor, Executive VP and CCO of Huntington Bancshares, reported transactions involving the company's common stock.
- On March 26, 2025, 629 shares were withheld to cover tax obligations related to the vesting of a restricted stock unit award at a price of $15.26.
- On March 27, 2025, 721 shares were sold at a price of $15.27.
- Following these transactions, Lawlor beneficially owns 46,599.777 shares of Huntington Bancshares common stock.
- The sales were executed under a Rule 10b5-1 trading plan adopted on August 23, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in the financial industry. It provides transparency to investors regarding insider trading activities.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 08/23/2024 | Date of adoption of Rule 10b5-1 trading plan |
| 03/26/2025 | Shares withheld for tax obligations |
| 03/27/2025 | Shares sold under Rule 10b5-1 trading plan |
| 03/28/2025 | Date of signature for the Form 4 filing |
Keywords
Form 4, Huntington Bancshares, HBAN, Brendan Lawlor, Stock Transaction, Rule 10b5-1, Executive VP, CCO, Beneficial Ownership
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