HBAN Form 4: Director Reports 83,325.2577 Direct Shares After Grants
Rhea-AI Filing Summary
John C. Inglis, a director of Huntington Bancshares Inc. (HBAN), reported two non-derivative acquisitions on 10/01/2025. The Form 4 shows he received 840.657 shares and 91.675 shares at a reported price of $0.0000. After these transactions his reported beneficial ownership is 83,325.2577 shares directly and 10,261.622 shares indirectly through a Director Deferred Compensation Plan. The filing includes an Exhibit 24 substitute Power of Attorney and is signed by Rachel L. Lawless as Attorney-in-Fact.
Positive
- Director acquired additional shares (840.657 and 91.675) on 10/01/2025
- Reported direct ownership of 83,325.2577 shares clarifies insider stake
- Included Exhibit 24 (Substitute Power of Attorney) and timely signature on 10/03/2025
Negative
- None.
Insights
Director received company shares at no cash price on 10/01/2025.
The Form 4 reports two non-derivative acquisitions of 840.657 and 91.675 shares at a $0.0000 price, which typically reflects issuance under director compensation or deferred compensation conversion rather than open-market purchases.
This increased the reporting person's direct holdings to 83,325.2577 shares and indirect holdings to 10,261.622 shares via the Director Deferred Compensation Plan, clarifying current insider ownership stakes disclosed to investors.
Filing documents the required Section 16 disclosure and uses a Power of Attorney signature.
The Form 4 was filed to report changes dated 10/01/2025 and is signed by an Attorney-in-Fact on 10/03/2025. The filing includes Exhibit 24 (Substitute Power of Attorney), indicating standard delegated signature practices for timely reporting.