HBAN Form 4: Roger J. Sit Buys 1,514.358 Shares on 10/01/2025
Roger J. Sit, a director of HUNTINGTON BANCSHARES INC /MD/ (HBAN), reported purchases on 10/01/2025.
Rhea-AI Filing Summary
Roger J. Sit, a director of HUNTINGTON BANCSHARES INC /MD/ (HBAN), reported purchases on 10/01/2025. The Form 4 shows a direct acquisition of 1,514.358 shares (transaction code A) at a reported price of $0.0000, leaving 193,110.333 shares held directly after the transaction. The filing also reports an indirect acquisition of 357.324 shares, bringing indirect holdings to 39,997.025 shares via several vehicles: 22,921 shares in the Director Deferred Compensation Plan, 152,572 shares by the Richard A. Sit Trust, 4,713 shares by a trust, and 152,572 noted for Sit Investment Associates.
The filing includes an exhibit: Exhibit 24 (Substitute Power of Attorney), and is signed by Rachel L. Lawless, Attorney-in-Fact on 10/03/2025. The filer clarifies the statement is not an admission of beneficial ownership for Section 16 purposes.
Positive
- None.
Negative
- None.
Insights
Insider purchase reported: small direct buy and modest indirect holdings disclosed.
The report shows a direct purchase of 1,514.358 shares on 10/01/2025 and an indirect acquisition of 357.324 shares, increasing direct holdings to 193,110.333 and indirect holdings to 39,997.025.
This is a routine Section 16 disclosure by a director; the filing also lists trusts and a deferred compensation plan as the sources of indirect holdings (22,921, 152,572, 4,713). The inclusion of Exhibit 24 indicates an executed power of attorney was used to file.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,514.358 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 357.324 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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
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What did Roger J. Sit report on the HBAN Form 4?
When was the Form 4 for HBAN filed and who signed it?
Is there an exhibit attached to the Form 4?
Does the filing admit beneficial ownership under Section 16?
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