Huntington director gets stock award via deferral plan
Sit Roger J reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Sit Roger J reported acquisition or exercise transactions in this Form 4 filing.
Huntington Bancshares director Roger J. Sit reported a compensation-related stock award rather than an open-market trade. On the reported date, he was credited with 1,880.955 shares of common stock at $0.0000 per share under the Director Deferred Compensation Plan.
This award increased his indirect balance in the deferred compensation plan to 48,169.219 shares of Huntington common stock. The filing also lists additional direct and indirect positions, including shares held directly and through various trusts and an investment entity, while noting that the statement does not constitute an admission of beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,880.955 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Reflects the quarterly share awards to Directors pursuant to the terms of the Directors' Deferred Compensation Plan.
- F2. 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.
Key Figures
Key Terms
Director Deferred Compensation Plan financial
grant/award acquisition financial
Section 16 regulatory
indirect ownership financial
Common Stock financial
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What is the Director Deferred Compensation Plan mentioned in the HBAN Form 4?
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