Form 4: Huntington Bancshares Executive VP Nancy E. Maloney Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Executive Vice President and Controller of Huntington Bancshares, Nancy E. Maloney, disposed of 983 shares of common stock on March 26, 2025, to cover tax obligations related to vesting of a restricted stock unit award.
Summary
- On March 26, 2025, Nancy E. Maloney, Executive Vice President and Controller of Huntington Bancshares, reported a transaction involving the disposal of 983 shares of common stock.
- The shares were disposed of to satisfy tax withholding obligations upon the vesting of a restricted stock unit award.
- The price per share was $15.26.
- Following the transaction, Maloney beneficially owns 117,395.148 shares of Huntington Bancshares common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, and it doesn't indicate a significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction is related to tax obligations from vested stock awards, a common practice.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/26/2025 | Date of stock disposal transaction. |
| 03/28/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Form 4, Huntington Bancshares, HBAN, Nancy E. Maloney, Stock Disposal, Tax Withholding, Restricted Stock Unit, Executive Compensation
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