Stock awards lift Huntington Bancshares (HBAN) director holdings
Rhea-AI Filing Summary
Huntington Bancshares director David L. Porteous reported receiving multiple stock awards of the company’s common stock as compensation. On April 1, 2026, he acquired 1,385.713 shares directly at a stated price of $0.00 per share, bringing his direct holdings to 679,741.028 shares.
Additional awards credited to indirect accounts included 693.998 shares held by an IRA, 152.518 shares held by a SEP‑IRA, and 1,049.240 shares in a Director Deferred Compensation Plan. The filing also lists 10,136.631 shares held indirectly by his spouse. A footnote states the filing should not be construed as an admission of beneficial ownership of these securities for Section 16 purposes.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,281.469 shares
Net Buy
5 txns
Insider
PORTEOUS DAVID L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,385.713 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 693.998 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 152.518 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,049.24 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 679,741.028 shares (Direct);
Common Stock — 69,872.118 shares (Indirect, By IRA);
Common Stock — 15,355.641 shares (Indirect, By SEP-IRA);
Common Stock — 109,132.484 shares (Indirect, Director Deferred Compensation Plan);
Common Stock — 10,136.631 shares (Indirect, By Spouse)
Footnotes (1)
- F1. 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
Direct award: 1,385.713 shares
Direct holdings after award: 679,741.028 shares
IRA award: 693.998 shares
+3 more
6 metrics
Direct award
1,385.713 shares
Common Stock grant on April 1, 2026
Direct holdings after award
679,741.028 shares
Direct Common Stock owned following April 1, 2026 transactions
IRA award
693.998 shares
Common Stock credited to IRA on April 1, 2026
SEP-IRA award
152.518 shares
Common Stock credited to SEP-IRA on April 1, 2026
Deferred comp plan award
1,049.240 shares
Common Stock credited to Director Deferred Compensation Plan
Spouse indirect holdings
10,136.631 shares
Common Stock held indirectly by spouse after reported date
Key Terms
Director Deferred Compensation Plan, IRA, SEP-IRA, Section 16 of the Securities and Exchange Act of 1934, +1 more
5 terms
Director Deferred Compensation Plan financial
"nature_of_ownership: "Director Deferred Compensation Plan""
IRA financial
"nature_of_ownership: "By IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
SEP-IRA financial
"nature_of_ownership: "By SEP-IRA""
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"
beneficial owner regulatory
"shall not be construed as an admission ... 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did HBAN director David L. Porteous report?
He reported receiving several stock awards of Huntington Bancshares common stock as compensation. The Form 4 shows new shares credited to his direct holdings, IRA, SEP-IRA, and a Director Deferred Compensation Plan, all on April 1, 2026.
What indirect HBAN holdings are associated with David L. Porteous?
Indirect holdings include shares in an IRA, a SEP-IRA, a Director Deferred Compensation Plan, and shares held by his spouse. After the reported awards, these accounts together showed tens of thousands of Huntington Bancshares shares associated with him in various capacities.
What is the Director Deferred Compensation Plan holding for HBAN’s David L. Porteous?
The Director Deferred Compensation Plan associated with him received 1,049.240 Huntington Bancshares shares. Following this award, that plan’s reported balance reached 109,132.484 shares of common stock, reflecting accumulated director compensation deferred into company stock.