Huntington Bancshares (HBAN) exec has 31,278 shares withheld for RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Huntington Bancshares Senior Executive Vice President Scott D. Kleinman had 31,278 shares of common stock withheld at $16.80 per share on February 27, 2026 to cover taxes upon vesting of a restricted stock unit award. He now directly holds 423,645.246 shares, plus 359.076 shares held indirectly through the issuer’s Supplemental Stock Purchase and Tax Savings Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kleinman Scott D
Role
Senior Exec. V.P.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 31,278 | $16.80 | $525K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 423,645.246 shares (Direct);
Common Stock — 359.076 shares (Indirect, By Issuer's Supplemental Stock Purchase and Tax Savings Plan)
Footnotes (1)
- Reflects shares withheld to satisfy reporting person's tax withholding obligation upon the vesting of a restricted stock unit award. 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 shares withheld to cover taxes on restricted stock unit vesting. On February 27, 2026, 31,278 Huntington Bancshares common shares were withheld at $16.80 per share, classified as a tax-withholding disposition rather than an open-market sale.
What disclaimer about beneficial ownership is included in the HBAN Form 4?
The Form 4 states it should not be construed as an admission that Kleinman is the beneficial owner of the securities. This standard disclaimer limits any inference about his ultimate economic or voting interest for purposes of Section 16 of the Securities Exchange Act.