HBAN CIO reports 6,719-share tax withholding
Huntington Bancshares executive Kendall A. Kowalski, the Chief Information Officer, reported an automatic tax-related share withholding.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Huntington Bancshares executive Kendall A. Kowalski, the Chief Information Officer, reported an automatic tax-related share withholding. On the vesting of a restricted stock unit award, 6,719 shares of common stock were withheld at $16.80 per share to satisfy tax withholding obligations, rather than sold in the open market. After this tax-withholding disposition, Kowalski directly holds 63,432 shares of Huntington Bancshares common stock and indirectly holds 6,784 shares through the issuer's Supplemental Stock Purchase and Tax Savings Plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 6,719 | $16.80 | $113K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Reflects shares withheld to satisfy reporting person's tax withholding obligation upon the vesting of a restricted stock unit award.
- F2. 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 insider transaction did HBAN executive Kendall Kowalski report?
Was Kendall Kowalski’s HBAN Form 4 a stock sale or tax withholding?
Does Kendall Kowalski’s HBAN Form 4 indicate a change in insider sentiment?
AI-generated analysis. How Rhea-AI works. Not financial advice.