HBAN exec gets stock award; shares withheld for tax
Huntington Bancshares Senior Exec.
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Rhea-AI Filing Summary
Huntington Bancshares Senior Exec. V.P. Brantley J. Standridge reported a stock-based compensation event involving performance share units. He acquired 131,430.643 shares of common stock at no cost, earned for the 2023-2025 performance share unit award cycle. On the same date, 58,619 shares were withheld at $16.12 per share to cover associated tax liabilities upon vesting. After these transactions, he directly holds 455,392.993 common shares. The disposition reflects tax withholding rather than an open-market sale, indicating a routine compensation and tax-settlement event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 131,430.643 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 58,619 | $16.12 | $945K |
Footnotes (2)
- F1. Shares earned for the 2023-2025 performance share unit (PSU) award cycle.
- F2. Shares were withheld to cover the associated tax liability upon the vesting of performance share units.
FAQ
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What did HBAN executive Brantley Standridge report in this Form 4 filing?
Were Brantley Standridge’s HBAN transactions open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.