Huntington Bancshares (HBAN) SEVP has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Huntington Bancshares executive Marcy C. Hingst, SEVP and General Counsel, reported a tax-related share disposition. On this date, 5,951 shares of common stock were withheld at $16.80 per share to satisfy her tax withholding obligation upon vesting of a restricted stock unit award. After this tax-withholding transaction, she held 235,205.561 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hingst Marcy C
Role
SEVP and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,951 | $16.80 | $100K |
Holdings After Transaction:
Common Stock — 235,205.561 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did HBAN executive Marcy C. Hingst report?
Marcy C. Hingst reported a tax-related disposition of shares. Specifically, 5,951 Huntington Bancshares common shares were withheld to cover tax obligations triggered by the vesting of a restricted stock unit award, rather than being sold on the open market.
Was the HBAN insider transaction an open-market sale or tax withholding?
The transaction was tax withholding, not an open-market sale. Shares were withheld by Huntington Bancshares to cover Marcy C. Hingst’s tax obligations arising from the vesting of a restricted stock unit award, as explained in the filing footnote.