HBAN: Director Acquires 851.349 Shares on 10/01/2025
Kenneth J. Phelan, a director of HUNTINGTON BANCSHARES INC (HBAN), reported acquisitions of Common Stock on 10/01/2025.
Rhea-AI Filing Summary
Kenneth J. Phelan, a director of HUNTINGTON BANCSHARES INC (HBAN), reported acquisitions of Common Stock on 10/01/2025. The Form 4 shows two non-derivative stock entries: 851.349 shares acquired (direct) and 483.095 shares acquired (indirect via the Director Deferred Compensation Plan), both at a reported price of $0.0000 for record purposes.
Following these transactions, the filing reports total beneficial ownership of 134,445.125 shares directly and 54,075.157 shares indirectly. The filing includes an exhibit (Exhibit 24) naming a substitute power of attorney and is signed by an attorney-in-fact on 10/03/2025.
Positive
- Director acquisition of 851.349 direct shares reported on 10/01/2025
- Director Deferred Compensation Plan credited 483.095 indirect shares on 10/01/2025
- Clear disclosure of post-transaction beneficial ownership: 134,445.125 direct and 54,075.157 indirect shares
Negative
- None.
Insights
Director reported stock acquisitions totaling 851.349 direct and 483.095 indirect shares on 10/01/2025.
The Form 4 discloses two non-derivative acquisitions recorded at a $0.0000 price, indicating transfers under internal plans rather than open-market purchases. The indirect amount is held via the Director Deferred Compensation Plan, which commonly credits shares as compensation or deferral elections.
The filing lists 134,445.125 shares directly and 54,075.157 shares indirectly beneficially owned after these transactions, providing clear disclosure of the director's ownership stake. The exhibit index includes a Substitute Power of Attorney and the form is executed by an attorney-in-fact.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 851.349 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 483.095 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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
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What did HBAN director Kenneth J. Phelan report on Form 4?
Were these purchases executed on the open market?
Who signed the Form 4 for Kenneth J. Phelan?
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