Director at Huntington Bancshares (HBAN) receives 10,523-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Inglis John C reported acquisition or exercise transactions in this Form 4 filing.
Huntington Bancshares director John C. Inglis reported a stock award and updated holdings. He received a grant of 10,523 shares of Common Stock at a stated price of $0.00 per share as a compensation-related award, bringing his directly held position to 110,411.7682 shares.
The filing also reports 2,269.0060 shares held indirectly through a Director Deferred Compensation Plan. A related footnote explains this award is in the form of deferred stock units, with underlying shares deliverable six months after he separates from service as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Inglis John C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,523 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 110,411.768 shares (Direct, null);
Common Stock — 2,269.006 shares (Indirect, Director Deferred Compensation Plan)
Footnotes (1)
- An award of deferred stock units - the underlying shares are deliverable to the Reporting Person six months following separation from service as a director. 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.
Key Figures
Stock award: 10,523 shares
Award price per share: $0.00 per share
Direct holdings after award: 110,411.7682 shares
+2 more
5 metrics
Stock award
10,523 shares
Grant of Common Stock classified as award (code A)
Award price per share
$0.00 per share
Stated price for compensation-related stock grant
Direct holdings after award
110,411.7682 shares
Common Stock directly owned following the transaction
Indirect deferred units
2,269.0060 shares
Indirect holdings via Director Deferred Compensation Plan
Transaction date
2026-05-01
Date of reported stock award and holdings update
Key Terms
deferred stock units, Director Deferred Compensation Plan, Grant, award, or other acquisition, Section 16 of the Securities and Exchange Act of 1934
4 terms
deferred stock units financial
"An award of deferred stock units - the underlying shares are deliverable..."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Director Deferred Compensation Plan financial
"nature_of_ownership": "Director Deferred Compensation Plan""
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Section 16 of the Securities and Exchange Act of 1934 regulatory
"for the purpose of Section 16 of the Securities and Exchange Act of 1934..."
FAQ
What does the Director Deferred Compensation Plan holding mean in this HBAN Form 4?
The filing lists 2,269.0060 Huntington Bancshares shares as indirectly owned through a Director Deferred Compensation Plan. A footnote clarifies these are deferred stock units, with the underlying shares deliverable six months after John C. Inglis separates from service as a director.