Huntington Bancshares (HBAN) director granted additional common stock awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Diaz-Granados Rafael reported acquisition or exercise transactions in this Form 4 filing.
Huntington Bancshares director Rafael Diaz-Granados reported routine stock awards rather than open-market trades. On July 1, 2026, he received 295.3460 shares of common stock credited to a Director Deferred Compensation Plan and 392.5750 shares of common stock held directly, both at no cash cost.
Following these awards, Diaz-Granados is shown with 34,808.6990 indirect shares through the deferred plan and 46,460.7630 direct shares. A footnote states that filing this report is not an admission that he is the beneficial owner of all reported securities for Section 16 purposes.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Diaz-Granados Rafael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 392.575 | $0.00 | -- |
| Grant/Award | Common Stock | 295.346 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 46,460.763 shares (Direct);
Common Stock — 34,808.699 shares (Indirect, Director Deferred Compensation Plan)
Footnotes (1)
- [object Object]
Key Figures
Indirect stock award: 295.3460 shares
Direct stock award: 392.5750 shares
Indirect holdings after award: 34,808.6990 shares
+3 more
6 metrics
Indirect stock award
295.3460 shares
Common Stock credited to Director Deferred Compensation Plan on July 1, 2026
Direct stock award
392.5750 shares
Common Stock granted directly on July 1, 2026
Indirect holdings after award
34,808.6990 shares
Indirect Huntington Bancshares Common Stock via Director Deferred Compensation Plan after transactions
Direct holdings after award
46,460.7630 shares
Direct Huntington Bancshares Common Stock held after transactions
Award price per share
$0.0000 per share
Price for both Common Stock awards reported in Form 4
Award code
Code A
Grant, award, or other acquisition classification for both transactions
Key Terms
Director Deferred Compensation Plan, Grant, award, or other acquisition, beneficial owner, Section 16
4 terms
Director Deferred Compensation Plan financial
"nature_of_ownership: "Director Deferred Compensation Plan" for the indirect holding"
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition" for both entries"
beneficial owner regulatory
"footnote states this is not an admission he is 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.
Section 16 regulatory
"footnote references "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.
FAQ
What insider transactions did Rafael Diaz-Granados report for HBAN?
Rafael Diaz-Granados reported two stock awards in Huntington Bancshares common stock, not open-market trades. He received 295.3460 shares through a Director Deferred Compensation Plan and 392.5750 shares directly, both at no cash cost on July 1, 2026.
Were Rafael Diaz-Granados’ HBAN transactions open-market buys or sells?
The Form 4 shows no open-market buys or sells by Rafael Diaz-Granados. Both transactions are coded as awards (code A), indicating grant or other acquisition of Huntington Bancshares common stock at a price of $0.0000 per share, typical for compensation-related grants.