Huntington Bancshares (HBAN) exec reports PSU share vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Huntington Bancshares Inc. executive vice president and controller Nancy E. Maloney reported routine equity compensation activity involving common stock. She acquired 18,399.757 shares at no cost as shares earned for the 2023–2025 performance share unit award cycle, and 5,769 shares were withheld at $16.12 per share to cover associated tax obligations upon vesting. After these transactions, she directly holds 162,349.949 common shares. These entries reflect compensation vesting and tax withholding rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Maloney Nancy E
Role
Executive V.P. and Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,399.757 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,769 | $16.12 | $93K |
Holdings After Transaction:
Common Stock — 168,118.949 shares (Direct)
Footnotes (1)
- Shares earned for the 2023-2025 performance share unit (PSU) award cycle. Shares were withheld to cover the associated tax liability upon the vesting of performance share units.
FAQ
What insider transactions did HBAN executive Nancy Maloney report?
Nancy Maloney reported receiving 18,399.757 Huntington Bancshares common shares as a compensation award, with 5,769 shares withheld at $16.12 for taxes. After these routine vesting and tax-withholding entries, she directly holds 162,349.949 common shares.
Do these HBAN insider transactions indicate a change in sentiment by Nancy Maloney?
The reported entries primarily reflect compensation vesting and tax withholding, not discretionary buying or selling. Such transactions are typically scheduled under compensation plans and are generally viewed as administrative rather than signaling a change in executive sentiment.