Huntington Bancshares Form 4: Marcy Hingst sells 41,100 shares at $18
Rhea-AI Filing Summary
Huntington Bancshares insider sale under 10b5-1 plan. Marcy C. Hingst, SEVP and General Counsel, reported an automatic sale of 41,100 shares of Huntington Bancshares common stock on 09/05/2025 pursuant to a Rule 10b5-1 trading plan adopted March 13, 2025. The weighted average sale price was $18, with individual sale prices ranging from $18.00 to $18.01. Following the transaction Hingst beneficially owns 299,361.454 shares. The Form 4 was signed by an attorney-in-fact, Anne Kruger, on 09/09/2025. No options or derivative transactions were reported.
Positive
- Transaction executed under a Rule 10b5-1 plan, indicating pre-established trading arrangements and compliance with insider-trading policies
- Clear disclosure of weighted average price and price range ($18.00 to $18.01), enhancing transparency
- Substantial retained beneficial ownership of 299,361.454 shares after the sale
Negative
- None.
Insights
TL;DR: Routine insider sale executed under a pre-established 10b5-1 plan; governance controls appear followed.
The reported sale was automatic under a Rule 10b5-1 plan adopted March 13, 2025, which indicates the transaction was prearranged and not based on contemporaneous, undisclosed information. The Form 4 discloses the weighted average price and range, and shows continued substantial ownership of 299,361.454 shares. The filing was executed by an attorney-in-fact, consistent with standard insider reporting procedures. This disclosure aligns with usual insider liquidity activity and internal compliance protocols.
TL;DR: Transaction is a straightforward insider sale; no derivatives or additional material events disclosed.
The sale of 41,100 shares at a weighted average price of $18 generates clear, quantifiable insider disposition but does not include other transactions or derivative activity. Beneficial ownership remaining at 299,361.454 shares provides a precise post-sale stake. Because the trade occurred under a documented 10b5-1 plan and the price range is narrow, the transaction appears administratively driven rather than signaling new company-specific information to the market.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 41,100 | $18.00 | $740K |
Footnotes (1)
- Sales occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by Ms. Hingst on March 13, 2025. Price represents a weighted average of the sale price. Shares were sold at prices ranging from $18.00 to $18.01. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person will provide the full information about the number of shares sold at each separate price.