[Form 4] HUNTINGTON BANCSHARES INC /MD/ Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Huntington Bancshares director David L. Porteous reported a new equity award and updated his holdings in company stock. On May 1, 2026, he received an award of 10,523 shares of Common Stock as a grant, award, or other acquisition, at a stated price of $0.00 per share, reflecting director compensation rather than an open-market purchase.
Following this award, Porteous directly holds 690,264.028 shares of Huntington Bancshares common stock. He also reports several indirect positions, including shares held through a Director Deferred Compensation Plan, a SEP-IRA, an IRA, and by his spouse. The deferred stock units awarded are deliverable to him six months after he separates from service as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
PORTEOUS DAVID L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,523 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 690,264.028 shares (Direct, null);
Common Stock — 69,872.118 shares (Indirect, By IRA)
Footnotes (1)
- An award of deferred stock units - the underlying shares are deliverable to the Reporting Person six months following separation from service as a director. 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.
Key Figures
Equity award: 10,523 shares
Award price: $0.00 per share
Direct holdings after award: 690,264.028 shares
+4 more
7 metrics
Equity award
10,523 shares
Grant, award, or other acquisition of Common Stock on May 1, 2026
Award price
$0.00 per share
Stated transaction price for 10,523-share grant
Direct holdings after award
690,264.028 shares
Total direct Huntington Bancshares common stock held after the transaction
Deferred compensation plan holdings
109,132.484 shares
Indirect common stock holding via Director Deferred Compensation Plan
Spousal indirect holdings
10,136.631 shares
Indirect common stock holding reported as By Spouse
SEP-IRA holdings
15,355.641 shares
Indirect common stock holding reported as By SEP-IRA
IRA holdings
69,872.118 shares
Indirect common stock holding reported as By IRA
Key Terms
Director Deferred Compensation Plan, deferred stock units, Section 16
3 terms
Director Deferred Compensation Plan financial
"nature_of_ownership": "Director Deferred Compensation Plan""
deferred stock units financial
"An award of deferred stock units - the underlying shares are deliverable"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Section 16 regulatory
"for the purpose of Section 16 of the Securities and Exchange Act of 1934"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What insider transaction did HBAN director David L. Porteous report?
David L. Porteous reported receiving an award of 10,523 shares of Huntington Bancshares common stock. The filing classifies this as a grant, award, or other acquisition, reflecting director compensation rather than an open-market stock purchase.
What is David L. Porteous’s direct common stock holding in HBAN after this filing?
After the reported award, David L. Porteous directly holds 690,264.028 shares of Huntington Bancshares common stock. This figure reflects his direct ownership position shown in the Form 4, separate from various indirect holdings through retirement accounts and a spouse.
What are deferred stock units in the HBAN director’s compensation plan?
The filing describes an award of deferred stock units for the Huntington director. The underlying shares are deliverable to the reporting person six months after separation from service as a director, linking payout timing to board service rather than immediate ownership.
What indirect HBAN holdings does David L. Porteous report on this Form 4?
The Form 4 lists several indirect holdings for David L. Porteous, including shares held in a Director Deferred Compensation Plan, a SEP-IRA, an IRA, and shares held by spouse. These positions supplement his direct common stock ownership.