HBAN director granted 9,320 Huntington shares
Shea Teresa H reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Shea Teresa H reported acquisition or exercise transactions in this Form 4 filing.
Director Teresa H. Shea of Huntington Bancshares reported a compensation-related stock award. She received 9,320 shares of common stock at $0.00 per share as a grant, bringing her direct holdings to 30,973.942 shares.
The filing also reports 10,854.436 shares held indirectly through a Director Deferred Compensation Plan. Related footnotes state these are deferred stock units and the underlying shares are deliverable six months after she separates from service as a director, and include a standard disclaimer about beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 9,320 shares
Grant/Award
2 txns
Insider
Shea Teresa H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,320 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 30,973.942 shares (Direct);
Common Stock — 10,854.436 shares (Indirect, Director Deferred Compensation Plan)
Footnotes (2)
- F1. An award of deferred stock units - the underlying shares are deliverable to the Reporting Person six months following separation from service as a director.
- 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 grant to director: 9,320 shares
Direct holdings after grant: 30,973.942 shares
Indirect deferred units: 10,854.436 shares
+1 more
4 metrics
Stock grant to director
9,320 shares
Common Stock award coded A on 2026-05-01
Direct holdings after grant
30,973.942 shares
Common Stock directly owned following the award
Indirect deferred units
10,854.436 shares
Held via Director Deferred Compensation Plan as deferred stock units
Grant price per share
$0.00 per share
Reported transaction price for 9,320-share award
Key Terms
deferred stock units, Director Deferred Compensation Plan, Section 16, beneficial owner
4 terms
deferred stock units financial
"An award of deferred stock units - the underlying shares are deliverable"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Director Deferred Compensation Plan financial
"nature_of_ownership: Director Deferred Compensation Plan"
Section 16 regulatory
"for the purpose of Section 16 of the Securities and Exchange Act"
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.
beneficial owner regulatory
"shall not be construed as an admission that the undersigned is... the beneficial owner"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HBAN director Teresa H. Shea report?
Teresa H. Shea reported receiving a stock award of 9,320 Huntington Bancshares common shares. The grant was recorded at $0.00 per share as director compensation, increasing her direct ownership while not representing an open-market purchase or sale of stock.
Was Teresa H. Shea’s HBAN stock grant an open-market purchase?
No, the 9,320 HBAN shares were reported under code A as a grant or award. This indicates a compensation-related acquisition from the company, not an open-market purchase, and the transaction price per share is listed as $0.00 in the filing data.
Does Teresa H. Shea admit beneficial ownership of all reported HBAN securities?
The filing includes a standard disclaimer that it should not be construed as an admission that she is the beneficial owner of all reported securities for Section 16 purposes. Such language is common when some holdings are through plans or structures like deferred stock units.
How many acquisition-type transactions were in this HBAN Form 4?
The summarized data show one acquisition-type transaction and one holding entry. The acquisition is the 9,320-share grant coded A, while the additional entry reflects 10,854.436 shares held indirectly via a Director Deferred Compensation Plan, reported without a buy or sell code.
AI-generated analysis. How Rhea-AI works. Not financial advice.
