Huntington Bancshares (HBAN) director receives stock awards in compensation grants
Rhea-AI Filing Summary
Tate Jeffrey L. reported acquisition or exercise transactions in this Form 4 filing.
Huntington Bancshares director Jeffrey L. Tate reported stock awards rather than open‑market trades. On 2026-07-01, he received 44.146 shares of common stock credited to a Director Deferred Compensation Plan and 525.900 shares of common stock into a direct account, both at $0.0000 per share as compensation grants.
Following these awards, Tate’s reported holdings increased to 5,202.841 indirectly held shares and 123,460.753 directly held shares of Huntington Bancshares common stock. A disclaimer notes that this reporting should not be viewed as an admission of beneficial ownership under Section 16.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Tate Jeffrey L.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 525.9 | $0.00 | -- |
| Grant/Award | Common Stock | 44.146 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 123,460.753 shares (Direct);
Common Stock — 5,202.841 shares (Indirect, Director Deferred Compensation Plan)
Footnotes (1)
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Key Figures
Deferred plan award: 44.146 shares
Direct stock award: 525.900 shares
Award price: $0.0000 per share
+2 more
5 metrics
Deferred plan award
44.146 shares
Common Stock credited to Director Deferred Compensation Plan on July 1, 2026
Direct stock award
525.900 shares
Common Stock grant to direct holdings on July 1, 2026
Award price
$0.0000 per share
Stated price for both compensation-related acquisitions
Indirect holdings after
5,202.841 shares
Common Stock in Director Deferred Compensation Plan after awards
Direct holdings after
123,460.753 shares
Directly held Common Stock after the July 1, 2026 grant
Key Terms
Director Deferred Compensation Plan, transaction code A, beneficial owner, Section 16
4 terms
Director Deferred Compensation Plan financial
"44.146 shares of common stock credited to a Director Deferred Compensation Plan"
transaction code A regulatory
"The transactions were classified with transaction code A as grant or award acquisitions"
beneficial owner regulatory
"not be construed as an admission that the undersigned is the beneficial owner of the securities"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Section 16 regulatory
"for the purpose of Section 16 of the Securities and Exchange Act of 1934"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did HBAN director Jeffrey L. Tate report?
Jeffrey L. Tate reported receiving stock awards of Huntington Bancshares common stock. These were compensation-related grants, not open-market purchases, increasing both his direct and deferred compensation plan holdings without any cash price per share.
How are Jeffrey L. Tate’s indirect HBAN holdings structured?
Tate’s indirect holdings are reported under a Director Deferred Compensation Plan. The filing notes 5,202.841 Huntington Bancshares shares credited there after the transaction, with a disclaimer that the reporting should not be construed as an admission of beneficial ownership.