Huntington Bancshares (NASDAQ: HBAN) EVP gets PSU shares, shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Huntington Bancshares executive Brendan A. Lawlor reported routine equity compensation and related tax withholding. He received 9,724.722 shares of common stock earned for the 2023–2025 performance share unit award cycle, then had 2,879 shares withheld at a price of $16.12 per share to cover taxes. After these non-market transactions, he directly holds 56,662.355 shares of Huntington Bancshares common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lawlor Brendan A
Role
Executive VP and CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,724.722 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,879 | $16.12 | $46K |
Holdings After Transaction:
Common Stock — 59,541.355 shares (Direct)
Footnotes (1)
- Shares earned for the 2023-2025 performance share unit (PSU) award cycle. Shares were withheld to cover the associated tax liability upon the vesting of performance share units.
FAQ
What insider transactions did HBAN executive Brendan Lawlor report on this Form 4?
Brendan Lawlor reported a grant of 9,724.722 Huntington Bancshares common shares from a performance share unit award and a related withholding of 2,879 shares for taxes. These are compensation and tax events, not open-market stock purchases or sales.
Were Brendan Lawlor’s HBAN Form 4 transactions open-market buys or sales?
No, Brendan Lawlor’s transactions were not open-market trades. He received shares as a performance-based stock award, and separate shares were withheld at $16.12 each to satisfy tax obligations upon vesting, rather than being sold on the open market.