HBAN director reports tax withholding in RSU vesting
Huntington Bancshares director James D. Rollins III reported a tax-related share disposition tied to a restricted stock unit vesting.
Rhea-AI Filing Summary
Huntington Bancshares director James D. Rollins III reported a tax-related share disposition tied to a restricted stock unit vesting. On March 31, 2026, 79,274 shares of common stock were withheld at $15.65 per share to satisfy his tax withholding obligation upon vesting, rather than being sold in the open market.
After this withholding, he directly holds 835,677 shares of Huntington Bancshares common stock. He also reports indirect ownership of 55,695.4 shares through a 401(k) account and 712,354 shares held by a limited partnership in which he is a 50% owner of the general partner.
Positive
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Negative
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Insider Trade Summary
Exercise Price or Tax Liability: 79,274 shares
Exercise Price or Tax Liability
3 txns
Insider
ROLLINS JAMES D III
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 79,274 | $15.65 | $1.24M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 835,677 shares (Direct);
Common Stock — 55,695.4 shares (Indirect, By 401k);
Common Stock — 712,354 shares (Indirect, By Limited Partnership)
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 reported shares are owned directly by a limited partnership. The reporting person is a 50% owner of the general partner.
Key Figures
Tax-withheld shares: 79,274 shares at $15.65
Direct holdings after transaction: 835,677 shares
Indirect 401(k) holdings: 55,695.4 shares
+1 more
4 metrics
Tax-withheld shares
79,274 shares at $15.65
Withheld on March 31, 2026 to satisfy tax obligation on RSU vesting
Direct holdings after transaction
835,677 shares
Common stock directly owned by James D. Rollins III after withholding
Indirect 401(k) holdings
55,695.4 shares
Common stock held indirectly through a 401(k) account
Indirect limited partnership holdings
712,354 shares
Common stock owned by a limited partnership; reporting person is 50% owner of the general partner
Key Terms
restricted stock unit, tax withholding obligation, limited partnership, 401k
4 terms
restricted stock unit financial
"upon the vesting of a restricted stock unit award"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax withholding obligation financial
"shares withheld to satisfy reporting person's tax withholding obligation"
limited partnership financial
"The reported shares are owned directly by a limited partnership."
A limited partnership is a legal business structure with two types of partners: at least one general partner who runs the business and bears full legal responsibility, and one or more limited partners who contribute money, share profits, and have liability capped at their investment. For investors, it matters because it separates control from financial exposure — like putting money into a store without managing it — and affects how returns, risks, taxes and transferability of ownership are handled.
401k financial
"nature_of_ownership": "By 401k""
An employer-sponsored retirement savings plan in the United States that lets workers set aside part of their paycheck into investments with tax advantages; some plans also include employer matching contributions, which is like free money added to your savings. It matters to investors because 401(k) balances represent a large pool of household retirement assets that influence personal financial security, investor behavior, and long-term demand for stocks and bonds.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HBAN director James D. Rollins III report?
James D. Rollins III reported a tax-withholding disposition, where 79,274 Huntington Bancshares shares were withheld to cover taxes on a restricted stock unit vesting. This was not an open-market sale but an automatic share withholding mechanism tied to equity compensation.
What does the limited partnership holding in the HBAN Form 4 represent?
The Form 4 notes that certain Huntington Bancshares shares are owned by a limited partnership, with James D. Rollins III a 50% owner of the general partner. These shares are reported as indirect ownership, reflecting an entity-related stake connected to his economic interest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
