Huntington Bancshares (HBAN) CIO receives new stock awards in company plans
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Huntington Bancshares Chief Information Officer Kendall A. Kowalski reported routine equity compensation awards of common stock. On July 1, 2026, Kowalski acquired 58.581 shares indirectly through the Issuer's Supplemental Stock Purchase and Tax Savings Plan and 594.243 shares directly, both at no cash cost. Following these awards, indirect holdings were 6,907.997 shares and direct holdings were 97,995.974 shares. A footnote states the filing should not be construed as an admission of beneficial ownership under Section 16.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kowalski Kendall A
Role
Chief Information Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 594.243 | $0.00 | -- |
| Grant/Award | Common Stock | 58.581 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 97,995.974 shares (Direct, null);
Common Stock — 6,907.997 shares (Indirect, By Issuer's Supplemental Stock Purchase and Tax Savings Plan)
Footnotes (1)
- [object Object]
Key Figures
Indirect award shares: 58.581 shares
Direct award shares: 594.243 shares
Award price: $0.00 per share
+2 more
5 metrics
Indirect award shares
58.581 shares
Common stock acquired indirectly on July 1, 2026
Direct award shares
594.243 shares
Common stock acquired directly on July 1, 2026
Award price
$0.00 per share
Reported transaction price for both awards
Indirect holdings after
6,907.997 shares
Indirect common stock holdings following transactions
Direct holdings after
97,995.974 shares
Direct common stock holdings following transactions
Key Terms
Supplemental Stock Purchase and Tax Savings Plan, beneficial owner, Section 16
3 terms
Supplemental Stock Purchase and Tax Savings Plan financial
"By Issuer's Supplemental Stock Purchase and Tax Savings Plan"
beneficial owner regulatory
"shall not be construed as an admission that the undersigned is ... the beneficial owner"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
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.