Huntington Bancshares (HBAN) director granted quarterly stock award
Rhea-AI Filing Summary
Sit Roger J reported acquisition or exercise transactions in this Form 4 filing.
Huntington Bancshares director Roger J. Sit received a grant of 1,803.273 shares of common stock on July 28, 2026, as a quarterly award under the Directors' Deferred Compensation Plan. He now reports 50,384.697 shares in that plan, 207,191.927 held directly, and additional indirect trust and entity holdings subject to a beneficial-ownership disclaimer.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,803.273 shares
Net Buy
5 txns
Insider
Sit Roger J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,803.273 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 50,384.697 shares (Indirect, Director Deferred Compensation Plan);
Common Stock — 207,191.927 shares (Direct);
Common Stock — 22,921 shares (Indirect, By Richard A. Sit Trust);
Common Stock — 152,572 shares (Indirect, By Sit Investment Associates);
Common Stock — 4,713 shares (Indirect, by Trust)
Footnotes (2)
- F1. Reflects the quarterly share awards to Directors pursuant to the terms of the Directors' Deferred Compensation Plan.
- F2. 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: 1,803.273 shares
Deferred Compensation Plan holdings: 50,384.697 shares
Direct holdings: 207,191.927 shares
+3 more
6 metrics
Stock award
1,803.273 shares
Quarterly director award on 2026-07-28
Deferred Compensation Plan holdings
50,384.697 shares
Indirect holdings in Director Deferred Compensation Plan after award
Direct holdings
207,191.927 shares
Common stock directly held after reported transactions
Richard A. Sit Trust holdings
22,921.0000 shares
Indirect common stock held by Richard A. Sit Trust
Sit Investment Associates holdings
152,572.0000 shares
Indirect common stock held by Sit Investment Associates
Other trust holdings
4,713.0000 shares
Indirect common stock held by another trust
Key Terms
Directors' Deferred Compensation Plan, beneficial owner, Section 16 of the Securities and Exchange Act of 1934
3 terms
Directors' Deferred Compensation Plan financial
"Reflects the quarterly share awards to Directors pursuant to the terms of the Directors' Deferred Compensation Plan."
beneficial owner regulatory
"shall not be construed as an admission that the undersigned is ... the beneficial owner of the securities."
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 of the Securities and Exchange Act of 1934 regulatory
"for the purpose of Section 16 of the Securities and Exchange Act of 1934 or otherwise, the beneficial owner of the securities."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Is Roger J. Sit’s HBAN stock award a market purchase or compensation grant?
The transaction is a compensation grant, not a market purchase. It is described as quarterly share awards to directors under the Directors' Deferred Compensation Plan and is coded as a grant or other acquisition (Form 4 transaction code A) with no market purchase or sale reported.
Does this HBAN Form 4 indicate transactions under a Rule 10b5-1 trading plan?
The filing does not indicate that the award occurred under a Rule 10b5-1 trading plan. The Rule 10b5-1 checkbox is not marked, and the footnotes describe the transaction only as quarterly share awards under the Directors' Deferred Compensation Plan, without referencing any pre-arranged trading plan.