Huntington Bancshares (HBAN) SEVP-CHRO reports RSU tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Huntington Bancshares senior executive Sarah E. Pohmer reported a routine share disposition tied to taxes, not a market trade. On the vesting of a restricted stock unit award, 19,913 shares of common stock were withheld to satisfy her tax withholding obligation at $16.64 per share. After this tax-related withholding, she directly owns 166,960.306 shares of Huntington Bancshares common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pohmer Sarah E
Role
SEVP-CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 19,913 | $16.64 | $331K |
Holdings After Transaction:
Common Stock — 166,960.306 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 19,913 shares
Withholding price: $16.64 per share
Shares owned after transaction: 166,960.306 shares
+1 more
4 metrics
Tax-withheld shares
19,913 shares
Shares withheld to satisfy tax obligation on RSU vesting
Withholding price
$16.64 per share
Price used for tax-withholding disposition of HBAN common stock
Shares owned after transaction
166,960.306 shares
Direct ownership of HBAN common stock after tax withholding
Transaction code
F
Payment of tax liability by delivering or withholding securities
Key Terms
restricted stock unit, tax withholding obligation, Form 4, Common Stock
4 terms
restricted stock unit financial
"upon the vesting of a restricted stock unit award"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax withholding obligation financial
"shares withheld to satisfy reporting person's tax withholding obligation"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did HBAN executive Sarah Pohmer report on this Form 4?
Sarah E. Pohmer reported a tax-related share disposition, not a market trade. On vesting of restricted stock units, 19,913 Huntington Bancshares shares were withheld to cover her tax obligation at $16.64 per share.
What does transaction code F mean on the HBAN Form 4 for Sarah Pohmer?
Transaction code F indicates shares were used to pay an exercise price or tax liability. Here, it shows Huntington Bancshares withheld shares from Sarah Pohmer’s vesting restricted stock units to satisfy her tax withholding obligation.