Huntington Bancshares (HBAN) senior executive reports new stock awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Huntington Bancshares executive Scott D. Kleinman reported stock awards. On July 1, 2026, he acquired 3.1010 shares of common stock through the Issuer's Supplemental Stock Purchase and Tax Savings Plan, held as indirect ownership.
On the same date, he also received a grant/award acquisition of 1,846.6080 shares of common stock held directly. Following these transactions, his reported holdings were 365.6640 shares indirectly via the plan and 466,182.7930 shares directly. The footnote clarifies that filing the statement is not an admission of beneficial ownership under Section 16.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kleinman Scott D
Role
Senior Exec. V.P.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,846.608 | $0.00 | -- |
| Grant/Award | Common Stock | 3.101 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 466,182.793 shares (Direct, null);
Common Stock — 365.664 shares (Indirect, By Issuer's Supplemental Stock Purchase and Tax Savings Plan)
Footnotes (1)
- [object Object]
Key Figures
Indirect shares acquired: 3.1010 shares
Direct shares acquired: 1,846.6080 shares
Indirect holdings after transaction: 365.6640 shares
+1 more
4 metrics
Indirect shares acquired
3.1010 shares
Grant/award acquisition on July 1, 2026 via issuer plan
Direct shares acquired
1,846.6080 shares
Grant/award acquisition on July 1, 2026
Indirect holdings after transaction
365.6640 shares
Common stock held via Issuer's Supplemental Stock Purchase and Tax Savings Plan
Direct holdings after transaction
466,182.7930 shares
Common stock held directly after July 1, 2026 awards
Key Terms
Grant, award, or other acquisition, Issuer's Supplemental Stock Purchase and Tax Savings Plan, beneficial owner, Section 16
4 terms
Grant, award, or other acquisition financial
"both transactions are coded as A, described as grant, award, or other acquisition"
Issuer's Supplemental Stock Purchase and Tax Savings Plan financial
"3.1010 shares of common stock through the Issuer's Supplemental Stock Purchase and Tax Savings Plan"
beneficial owner regulatory
"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 regulatory
"for the purpose of Section 16 of the Securities and Exchange Act of 1934 or otherwise"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What insider activity did HBAN executive Scott D. Kleinman report?
Scott D. Kleinman reported acquiring Huntington Bancshares common stock through compensation-related awards. The filing shows two grant or award acquisitions on July 1, 2026, increasing both his direct and plan-based indirect holdings rather than reflecting open-market buying or selling.
What are Scott D. Kleinman’s HBAN holdings after these Form 4 transactions?
After the reported transactions, Kleinman held 365.6640 Huntington Bancshares common shares indirectly through the Issuer's Supplemental Stock Purchase and Tax Savings Plan and 466,182.7930 common shares directly. These figures represent his reported ownership positions immediately following the July 1, 2026 awards.
Are Scott D. Kleinman’s HBAN transactions open-market purchases or sales?
The Form 4 lists both transactions with code A, described as grant, award, or other acquisition. This indicates compensation-related stock awards rather than open-market purchases or sales, with no transaction price per share reported for either acquisition entry.