Huntington Bancshares (HBAN) exec gets PSU shares and withholds stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Huntington Bancshares Senior Exec. V.P. Scott D. Kleinman reported compensation-related stock activity. He acquired 118,287.371 shares of common stock on 2026-03-09 from the 2023-2025 performance share unit award cycle, at a stated price of $0.0000 per share, reflecting a vesting event rather than a market purchase.
On the same date, 52,757.000 shares were disposed of at $16.1200 per share to cover associated tax liabilities upon vesting. After these transactions, he directly holds 547,205.617 common shares and indirectly holds 359.076 shares through the issuer's Supplemental Stock Purchase and Tax Savings Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Kleinman Scott D
Role
Senior Exec. V.P.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 118,287.371 | $0.00 | -- |
| Tax Withholding | Common Stock | 52,757 | $16.12 | $850K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 599,962.617 shares (Direct);
Common Stock — 359.076 shares (Indirect, By Issuer's Supplemental Stock Purchase and Tax Savings Plan)
Footnotes (1)
- Shares earned for the 2023-2025 performance share unit (PSU) award cycle. Shares were withheld to cover the associated tax liability upon the vesting of performance share units. The filing of this statement shall not be construed as an admission that the undersigned is, for the purpose of Section 16 of the Securities and Exchange Act of 1934 or otherwise, the beneficial owner of the securities.
FAQ
What insider transaction did HBAN executive Scott D. Kleinman report?
Scott D. Kleinman reported a compensation-related stock event, not an open-market trade. He received 118,287.371 Huntington Bancshares common shares from the 2023-2025 performance share unit cycle, with a portion simultaneously withheld in shares to satisfy tax obligations tied to that vesting.