Director at Huntington Bancshares (HBAN) granted new stock awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Huntington Bancshares Inc. director Roger J. Sit reported stock-based awards in the company’s common stock. On April 1, 2026, he acquired 1,674.286 shares directly and 445.032 shares through a Director Deferred Compensation Plan, both recorded as grants or awards at a stated price of $0.0000 per share.
After these awards, Sit’s direct holdings totaled 196,294.536 shares, and his deferred compensation plan holdings totaled 46,288.264 shares. The filing also lists additional indirect holdings, including shares held by the Richard A. Sit Trust, by Sit Investment Associates, and by another trust, with the filer disclaiming beneficial ownership of the securities in a footnote.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Sit Roger J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,674.286 | $0.00 | -- |
| Grant/Award | Common Stock | 445.032 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 196,294.536 shares (Direct);
Common Stock — 46,288.264 shares (Indirect, Director Deferred Compensation Plan)
Footnotes (1)
- [object Object]
Key Figures
Direct stock award: 1,674.286 shares
Deferred plan stock award: 445.032 shares
Direct holdings after awards: 196,294.536 shares
+5 more
8 metrics
Direct stock award
1,674.286 shares
Common Stock grant on April 1, 2026
Deferred plan stock award
445.032 shares
Director Deferred Compensation Plan grant on April 1, 2026
Direct holdings after awards
196,294.536 shares
Common Stock directly held following April 1, 2026 transactions
Deferred plan holdings after awards
46,288.264 shares
Director Deferred Compensation Plan position after April 1, 2026
Richard A. Sit Trust holdings
22,921.000 shares
Indirect Huntington Bancshares Common Stock holding
Sit Investment Associates holdings
152,572.000 shares
Indirect Huntington Bancshares Common Stock holding
Other trust holdings
4,713.000 shares
Indirect Huntington Bancshares Common Stock holding by trust
Transaction price per share
$0.0000 per share
Stated price for both April 1, 2026 stock awards
Key Terms
Director Deferred Compensation Plan, Section 16 of the Securities and Exchange Act of 1934, beneficial owner
3 terms
Director Deferred Compensation Plan financial
"nature_of_ownership: "Director Deferred Compensation Plan""
Section 16 of the Securities and Exchange Act of 1934 regulatory
"for the purpose of Section 16 of the Securities and Exchange Act of 1934"
beneficial owner regulatory
"shall 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.