Huntington (HBAN) CEO exercises 25,313 options, 19,934 shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Huntington Bancshares President, CEO & Chairman Stephen D. Steinour reported routine equity compensation activity. He exercised 25,313 shares of common stock under employee/director stock options at $10.06 per share and received the shares directly.
To cover tax obligations, 19,934 shares of common stock were withheld at $16.32 per share, a non‑market disposition classified as payment of tax liability. Following these transactions, Steinour directly held 1,474,967.328 shares of Huntington common stock, along with additional indirect holdings through his spouse, company benefit plans, GRATS and family trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
25,313 shares exercised/converted
Mixed
9 txns
Insider
STEINOUR STEPHEN D
Role
President, CEO & Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee/Director Stock Option (Right to Buy) | 25,313 | $0.00 | -- |
| Exercise | Common Stock | 25,313 | $10.06 | $255K |
| Tax Withholding | Common Stock | 19,934 | $16.32 | $325K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee/Director Stock Option (Right to Buy) — 0 shares (Direct, null);
Common Stock — 1,474,967.328 shares (Direct, null);
Common Stock — 3,502,975.529 shares (Indirect, By Executive Deferred Compensation Plan)
Footnotes (1)
- [object Object]
Key Figures
Options exercised: 25,313 shares
Option exercise price: $10.06 per share
Shares withheld for taxes: 19,934 shares
+5 more
8 metrics
Options exercised
25,313 shares
Employee/Director stock options exercised on April 29, 2026
Option exercise price
$10.06 per share
Conversion or exercise price for 25,313 options
Shares withheld for taxes
19,934 shares
Code F tax-withholding disposition on April 29, 2026
Tax withholding price
$16.32 per share
Price applied to 19,934 withheld shares
Direct holdings after transactions
1,474,967.328 shares
Total Huntington common stock directly held after April 29, 2026
Family trusts indirect holdings
3,077,505 shares
Common stock held indirectly by Family Trusts
Executive Deferred Compensation Plan holdings
3,502,975.529 shares
Indirect common stock via Executive Deferred Compensation Plan
GRATS indirect holdings
869,500 shares
Common stock held indirectly by GRATS
Key Terms
Employee/Director Stock Option (Right to Buy), Executive Deferred Compensation Plan, GRATS, Payment of exercise price or tax liability by delivering securities, +1 more
5 terms
Employee/Director Stock Option (Right to Buy) financial
"security_title: "Employee/Director Stock Option (Right to Buy)""
Executive Deferred Compensation Plan financial
"nature_of_ownership: "By Executive Deferred Compensation Plan""
GRATS financial
"nature_of_ownership: "by GRATS""
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
Section 16 of the Securities and Exchange Act of 1934 regulatory
"footnote: "for the purpose of Section 16 of the Securities and Exchange Act of 1934""
FAQ
What did Huntington (HBAN) CEO Stephen D. Steinour report in this Form 4?
Stephen D. Steinour reported a routine stock option exercise and related tax withholding. He exercised 25,313 options for Huntington common stock and had 19,934 shares withheld to satisfy tax obligations, updating both his direct and various indirect ownership positions.
How many Huntington (HBAN) options did Stephen D. Steinour exercise and at what price?
Stephen D. Steinour exercised 25,313 employee/director stock options for Huntington common stock at a conversion or exercise price of $10.06 per share, converting the options into the same number of common shares as part of his equity compensation package.
What indirect Huntington (HBAN) holdings are reported for Stephen D. Steinour?
The filing lists several indirect holdings: 1,924.43 shares via his spouse, 90,363.268 shares via a supplemental stock purchase and tax savings plan, 56,440.313 shares via a 401(k) plan, 869,500 shares via GRATS, 3,077,505 shares via family trusts, and 3,502,975.529 shares via an Executive Deferred Compensation Plan.
What does transaction code F mean in Stephen D. Steinour’s Huntington (HBAN) Form 4?
Transaction code F indicates shares were disposed of to pay the exercise price or tax liability. In this filing, 19,934 Huntington common shares were withheld, meaning they were used to satisfy obligations tied to the option exercise rather than sold in the open market.