Huntington Bancshares (HBAN) Director Acquires 461 Shares
Jeffrey L. Tate, a director of Huntington Bancshares Inc. (HBAN), reported acquisitions on 10/01/2025 under a director deferred compensation arrangement.
Rhea-AI Filing Summary
Jeffrey L. Tate, a director of Huntington Bancshares Inc. (HBAN), reported acquisitions on 10/01/2025 under a director deferred compensation arrangement. The filing shows 461.241 shares of common stock acquired at a stated price of $0.0000, increasing his direct holdings to 112,657.268 shares. An additional 45.238 shares were recorded as indirect holdings, bringing that total to 5,063.708 shares. The Form 4 includes an Exhibit 24 power of attorney and was signed by an attorney-in-fact on 10/03/2025.
Positive
- Director increased direct holdings to 112,657.268 shares, indicating continued ownership stake
- Transactions occurred under a deferred compensation plan, suggesting structured, non-market issuance rather than potential opportunistic trading
Negative
- None.
Insights
Director reported small-share acquisitions via deferred compensation plan on 10/01/2025.
The filing discloses 461.241 shares acquired with a reported price of $0.0000, consistent with stock issued under a plan rather than an open-market purchase.
This increases the reporting person’s direct beneficial ownership to 112,657.268 shares, a disclosure relevant to insider ownership tracking and potential alignment with shareholder interests.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 461.241 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 45.238 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did HBAN director Jeffrey L. Tate report on Form 4?
Was the reported acquisition an open-market purchase for HBAN (ticker: HBAN)?
What indirect holdings did the Form 4 disclose for HBAN?
Who signed the Form 4 filing for Jeffrey L. Tate?
Does the Form 4 show any derivative transactions for HBAN?
AI-generated analysis. How Rhea-AI works. Not financial advice.