Huntington Bancshares (HBAN) operations chief awarded 475 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Huntington Bancshares Chief Corporate Operations Officer Prashant Nateri received an award of 475.031 shares of common stock as compensation. The shares were acquired at no stated price under a grant arrangement, increasing his direct holdings to 84,830.385 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nateri Prashant
Role
Chief Corp Operations Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 475.031 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 84,830.385 shares (Direct)
Footnotes (1)
Key Figures
Shares granted: 475.031 shares
Post-transaction holdings: 84,830.385 shares
Grant price per share: $0.0000 per share
3 metrics
Shares granted
475.031 shares
Common Stock award to Chief Corporate Operations Officer
Post-transaction holdings
84,830.385 shares
Direct common stock owned after grant
Grant price per share
$0.0000 per share
Reported acquisition price for awarded shares
Key Terms
Common Stock, Grant, award, or other acquisition, Form 4, direct ownership
4 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
direct ownership financial
"ownership_type: "direct""
FAQ
What insider transaction did HBAN executive Prashant Nateri report?
Prashant Nateri reported receiving 475.031 shares of Huntington Bancshares common stock as a grant. This was coded as a compensation-related award rather than an open-market purchase or sale, and reflects additional equity granted by the company.
Was the HBAN Form 4 transaction a stock purchase or sale?
The Form 4 transaction was neither an open-market purchase nor a sale. It was an acquisition coded as a grant or award, meaning the executive received 475.031 common shares from Huntington Bancshares as part of compensation, at no stated purchase price.
What does transaction code "A" mean on the HBAN Form 4 filing?
Transaction code "A" on the Form 4 indicates a grant, award, or other acquisition of securities from the issuer. In this case, it shows Huntington Bancshares granted 475.031 common shares to executive Prashant Nateri as part of his compensation package.