Huntington Bancshares (HBAN) executive granted 21,213 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dhingra Amit reported acquisition or exercise transactions in this Form 4 filing.
Huntington Bancshares Chief Enterprise Payments Officer Amit Dhingra reported an award of 21,213 shares of common stock in the form of restricted stock units at a price of $0.0000 per share. The award vests in two equal parts, with 50% on the third anniversary of the March 2, 2026 grant date and 50% on the fourth anniversary. After this grant, he directly holds 168,982.935 common shares and indirectly holds 7,084.794 shares through the issuer’s Supplemental Stock Purchase and Tax Savings Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Dhingra Amit
Role
Chief Enterprise Pmts Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 21,213 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 168,982.935 shares (Direct);
Common Stock — 7,084.794 shares (Indirect, By Issuer's Supplemental Stock Purchase and Tax Savings Plan)
Footnotes (1)
- 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. 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
What insider transaction did HBAN executive Amit Dhingra report?
Amit Dhingra reported receiving 21,213 Huntington Bancshares common shares as a restricted stock unit award. The grant was recorded at a per-share price of $0.0000, reflecting compensation rather than an open-market purchase, and follows a long-term vesting schedule tied to service.
How do the new restricted stock units for HBAN’s Amit Dhingra vest?
The restricted stock units vest in two equal installments over four years from grant. 50% vest on the third anniversary of the March 2, 2026 grant date and the remaining 50% on the fourth anniversary, encouraging longer-term executive alignment with Huntington Bancshares.
Was the HBAN Form 4 transaction for Amit Dhingra a market buy or sell?
The Form 4 shows a grant or award acquisition, not a market buy or sell. The 21,213-share transaction is coded as an award at $0.0000 per share, indicating stock-based compensation rather than an open-market transaction in Huntington Bancshares stock.