Huntington Bancshares (HBAN) executive has shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Huntington Bancshares executive Amit Dhingra had 7,864 shares of common stock withheld on February 27, 2026 to cover taxes on a vesting restricted stock unit award. This was a tax-withholding disposition, not an open-market sale, and reflects automatic share retention for payroll taxes.
After this transaction, Dhingra directly held 147,769.935 common shares and had an additional 7,084.794 shares held indirectly through the issuer's Supplemental Stock Purchase and Tax Savings Plan. The Form 4 also includes a standard disclaimer stating that this filing is not an admission of beneficial ownership.
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 |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 7,864 | $16.80 | $132K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 147,769.935 shares (Direct);
Common Stock — 7,084.794 shares (Indirect, By Issuer's Supplemental Stock Purchase and Tax Savings Plan)
Footnotes (1)
- Reflects shares withheld to satisfy reporting person's tax withholding obligation upon the vesting of a restricted stock unit award. 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 a tax-related share disposition. On February 27, 2026, 7,864 Huntington Bancshares common shares were withheld to satisfy tax obligations from a vesting restricted stock unit award, rather than being sold in the open market.
Was the HBAN insider transaction an open-market stock sale?
No, the HBAN insider transaction was not an open-market sale. Shares were withheld to cover tax withholding when a restricted stock unit award vested, classified as a tax-withholding disposition under code F, rather than a discretionary sale of shares into the market.
What does transaction code F mean in the HBAN Form 4 filing?
Transaction code F indicates a tax-withholding disposition. It means shares were used to pay the exercise price or tax liability, here to satisfy tax withholding on a vesting restricted stock unit award, instead of being sold as a regular open-market transaction.