HBAN executive awarded 13,523 restricted stock units
Huntington Bancshares executive Timothy W. Miller received an equity award tied to the company’s common stock.
Rhea-AI Filing Summary
Huntington Bancshares executive Timothy W. Miller received an equity award tied to the company’s common stock. He acquired 13,523 restricted stock units for no cash payment, increasing his directly held stake to 75,228.438 shares. The units vest in two equal installments on the third and fourth anniversaries of the grant date, and will be settled in shares of common stock.
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Insider Trade Summary
Grant/Award: 13,523 shares
Grant/Award
1 txn
Insider
Miller Timothy W
Role
EVP & Chief Communications Off
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,523 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 75,228.438 shares (Direct)
Footnotes (1)
- F1. An award of restricted stock units, to be released in shares of common stock, that vests in two equal installments: 50% on the third anniversary of the date of grant and 50% on the fourth anniversary of the date of grant.
FAQ
What insider transaction did HBAN executive Timothy W. Miller report?
Timothy W. Miller reported receiving 13,523 restricted stock units linked to Huntington Bancshares common stock. The award is a grant for no cash consideration and represents additional equity-based compensation rather than an open-market share purchase or sale.
What are the vesting terms of Timothy W. Miller’s new HBAN stock units?
The 13,523 restricted stock units vest in two equal installments. Half of the award vests on the third anniversary of the grant date, and the remaining half vests on the fourth anniversary, after which they are released in shares of common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.