Huntington Bancshares (HBAN) director adds preferred stock in open-market buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Huntington Bancshares director James D. Rollins III increased his holdings of the bank’s preferred stock through open-market purchases. He bought 4,500 depositary shares of 5.50% Series L Non‑Cumulative Perpetual Preferred Stock at prices up to $21.75 and 2,873 depositary shares of 6.875% Series J at $25.38, all held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,373 shares ($170,617)
Net Buy
3 txns
Insider
ROLLINS JAMES D III
Role
Director
Bought
7,373 shs ($171K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Dep Shares-int in 5.50% Ser L Non-Cum Perp Pref Stk | 500 | $21.40 | $11K |
| Purchase | Dep Shares-int in 5.50% Ser L Non-Cum Perp Pref Stk | 4,000 | $21.75 | $87K |
| Purchase | Dep Shares-int in 6.875 % Ser J Non-Cum Perp Pref Stk | 2,873 | $25.38 | $73K |
Holdings After Transaction:
Dep Shares-int in 5.50% Ser L Non-Cum Perp Pref Stk — 4,500 shares (Direct);
Dep Shares-int in 6.875 % Ser J Non-Cum Perp Pref Stk — 2,873 shares (Direct)
Footnotes (1)
FAQ
What insider transactions did HBAN director James D. Rollins III report?
James D. Rollins III reported open-market purchases of Huntington Bancshares preferred depositary shares, buying 4,500 shares of 5.50% Series L and 2,873 shares of 6.875% Series J, all classified as directly owned after the transactions.
What was the size of the Series J preferred stock purchase reported for HBAN?
The filing shows an open-market purchase of 2,873 depositary shares representing interests in Huntington Bancshares’ 6.875% Series J Non-Cumulative Perpetual Preferred Stock, acquired at a price of $25.38 per share and reported as directly owned following the transaction.
Were the HBAN insider transactions classified as direct or indirect ownership?
All reported Huntington Bancshares preferred stock purchases were classified as direct ownership. The Form 4 lists each transaction with ownership code “D,” indicating the shares are held directly by director James D. Rollins III, with no indirect ownership entity disclosed in footnotes.
Did the HBAN Form 4 show insider buying or selling activity?
The Form 4 reflects insider buying activity only. All three reported transactions are coded as open-market purchases, with transaction code “P” and transaction_direction identified as “buy,” and no sales or other dispositions listed in the summarized transaction data.