Huntington Bancshares (NASDAQ: HBAN) director awarded 2,964.5810 shares
Rhea-AI Filing Summary
NEU RICHARD W reported acquisition or exercise transactions in this Form 4 filing.
Huntington Bancshares director Richard W. Neu received a quarterly equity award of 2,964.5810 shares of common stock under the Directors' Deferred Compensation Plan, reported as an indirect holding. After this grant he reports 119,183.9340 indirect and 491,047.9920 direct common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,964.581 shares
Net Buy
2 txns
Insider
NEU RICHARD W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 2,964.581 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 119,183.934 shares (Indirect, Director Deferred Compensation Plan);
Common Stock — 491,047.992 shares (Direct)
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
Quarterly director share award: 2,964.5810 shares of Common Stock
Indirect holdings after award: 119,183.9340 shares of Common Stock
Direct holdings reported: 491,047.9920 shares of Common Stock
+1 more
4 metrics
Quarterly director share award
2,964.5810 shares of Common Stock
Grant/award acquisition on 2026-07-28 under Directors' Deferred Compensation Plan
Indirect holdings after award
119,183.9340 shares of Common Stock
Indirect ownership through Director Deferred Compensation Plan after reported award
Direct holdings reported
491,047.9920 shares of Common Stock
Direct common stock holdings reported as of 2026-07-28
Transaction date
2026-07-28
Date of the grant/award acquisition reported on Form 4
Key Terms
Directors' Deferred Compensation Plan, beneficial owner, indirect ownership, Section 16 of the Securities Exchange Act of 1934
4 terms
Directors' Deferred Compensation Plan financial
"Reflects quarterly share awards under the Directors' Deferred Compensation Plan."
beneficial owner regulatory
"Footnote says this filing is not an admission of being the beneficial owner."
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.
indirect ownership financial
"Reported as indirect ownership through a Director Deferred Compensation Plan."
Section 16 of the Securities Exchange Act of 1934 regulatory
"Disclaimer references Section 16 of the Securities Exchange Act of 1934."
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did HBAN director Richard W. Neu report?
Huntington Bancshares (HBAN) director Richard W. Neu reported a quarterly equity award of 2,964.5810 shares of common stock on 2026-07-28. The award was made under the Directors' Deferred Compensation Plan and recorded as an indirect ownership position for reporting purposes.
Was Richard Neu’s HBAN transaction a market purchase or a compensation grant?
The Form 4 shows a grant/award acquisition of 2,964.5810 shares, not a market purchase. A footnote explains it reflects quarterly share awards to directors under the Directors' Deferred Compensation Plan, consistent with transaction code A for a grant or award.
How is Richard Neu’s HBAN ownership characterized in this filing?
The 2,964.5810-share award is reported as indirect ownership through a Director Deferred Compensation Plan. A footnote also states the filing should not be construed as an admission that he is the beneficial owner of the securities for Section 16 or other purposes.
Does the HBAN Form 4 indicate use of a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox is not marked as affirmed, so the filing does not identify this award as made under a Rule 10b5-1 trading plan. The transaction instead reflects scheduled quarterly director share awards under the company’s deferred compensation program.