Huntington Bancshares (HBAN) exec withholds shares for taxes
Rhea-AI Filing Summary
Huntington Bancshares executive Brendan A. Lawlor reported a tax-withholding disposition of 2,525 shares of common stock at $16.80 per share. The shares were withheld to cover taxes on a restricted stock unit vesting, and he now holds 39,872.633 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,525 shares
Net Sell
1 txn
Insider
Lawlor Brendan A
Role
Executive VP and CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,525 | $16.80 | $42K |
Holdings After Transaction:
Common Stock — 39,872.633 shares (Direct)
Footnotes (1)
- F1. Reflects shares withheld to satisfy reporting person's tax withholding obligation upon the vesting of a restricted stock unit award.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did HBAN executive Brendan Lawlor report?
Brendan A. Lawlor reported 2,525 Huntington Bancshares common shares disposed of at $16.80 per share. The filing notes these shares were withheld by the company to satisfy his tax obligations on a restricted stock unit award vesting, not an open-market sale.
What does transaction code F mean in Brendan Lawlor’s HBAN Form 4?
Transaction code F indicates a disposition of shares to pay an exercise price or satisfy tax liabilities. In Lawlor’s case, the 2,525 Huntington shares were withheld to cover tax withholding obligations when his restricted stock unit award vested, rather than being sold in the market.