Huntington exec has 2,465 shares withheld for tax
HBAN EVP & Chief Communications Officer had shares withheld for taxes on vested RSUs, leaving a direct holding of about 74,126 shares.
Rhea-AI Filing Summary
HUNTINGTON BANCSHARES INC (HBAN) reported that executive officer Timothy W. Miller, EVP & Chief Communications Officer, had 2,465 shares of common stock withheld on September 3, 2026 to satisfy his tax withholding obligation upon the vesting of a restricted stock unit award. This was a code F transaction for payment of tax liability by withholding shares, not an open-market sale. After this withholding, he directly holds 74,125.951 shares of HBAN common stock.
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Insider Trade Summary
Tax Withholding: 2,465 shares
Tax Withholding
1 txn
Insider
Miller Timothy W
Role
EVP & Chief Communications Off
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 2,465 | $17.06 | $42K |
Holdings After Transaction:
Common Stock — 74,125.951 shares (Direct)
Footnotes (1)
- F1. Reflects shares withheld to satisfy reporting person's tax withholding obligation upon the vesting of a restricted stock unit award.
Key Figures
Shares withheld for taxes: 2,465 shares
Price per share for tax-withholding transaction: $17.06 per share
Shares held after transaction: 74,125.951 shares
+1 more
4 metrics
Shares withheld for taxes
2,465 shares
Common stock withheld on September 3, 2026 to satisfy tax withholding obligation on RSU vesting
Price per share for tax-withholding transaction
$17.06 per share
Value used for the 2,465 shares withheld on September 3, 2026
Shares held after transaction
74,125.951 shares
Direct HBAN common stock holdings by Timothy W. Miller following the September 3, 2026 transaction
Code F tax-liability shares
2,465 shares
Shares delivered or withheld for payment of tax liability in the reported transaction
Key Terms
restricted stock unit, tax withholding obligation, Payment of tax liability by delivering or withholding securities
3 terms
restricted stock unit financial
"upon the vesting of a restricted stock unit award"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax withholding obligation financial
"withheld to satisfy reporting person's tax withholding obligation"
Payment of tax liability by delivering or withholding securities financial
"transaction was a Payment of tax liability by delivering or withholding securities"
FAQ
What transaction did HBAN executive Timothy W. Miller report on this Form 4?
He reported that 2,465 HBAN common shares were withheld on September 3, 2026 to satisfy his tax withholding obligation upon vesting of a restricted stock unit award, classified as a code F transaction.
Does the HBAN Form 4 indicate use of a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating that the transaction was made pursuant to a Rule 10b5-1 trading plan.
What role does Timothy W. Miller hold at HBAN in this Form 4?
The reporting person, Timothy W. Miller, is identified as an officer of HBAN with the title EVP & Chief Communications Officer in the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.