Huntington Bancshares Inc. (HBAN) CIO sells 27,971 shares
Rhea-AI Filing Summary
Huntington Bancshares Inc. reported insider stock sales by Chief Information Officer Kendall A. Kowalski. On August 3, 2026, Kowalski sold a total of about 27,971 shares of common stock in two open-market or private transactions at prices near $17.20 per share. The report also lists 6,907.997 shares held indirectly through the Issuer's Supplemental Stock Purchase and Tax Savings Plan, with a statement that this should not be construed as an admission of beneficial ownership of these securities.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 27,970.94 shares
Net Sell
3 txns
Insider
Kowalski Kendall A
Role
Chief Information Officer
Sold
27,970.94 shs ($481K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 400.94 | $17.205 | $7K |
| Sale | Common Stock | 27,570 | $17.20 | $474K |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 70,025.034 shares (Direct);
Common Stock — 6,907.997 shares (Indirect, By Issuer's Supplemental Stock Purchase and Tax Savings Plan)
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
Total shares sold: 27,970.94 shares
Sale price (first block): $17.2050 per share
Sale price (second block): $17.2000 per share
+2 more
5 metrics
Total shares sold
27,970.94 shares
Aggregate Huntington Bancshares common shares sold by Kendall A. Kowalski on August 3, 2026
Sale price (first block)
$17.2050 per share
Price for 400.94-share Huntington Bancshares sale on August 3, 2026
Sale price (second block)
$17.2000 per share
Price for 27,570-share Huntington Bancshares sale on August 3, 2026
Indirect plan holdings
6,907.997 shares
Shares reported as held by Issuer's Supplemental Stock Purchase and Tax Savings Plan
Net buy/sell direction
net-sell of 27,970.94 shares
Transaction summary net share change for reported non-derivative transactions
Key Terms
beneficial owner, Section 16 of the Securities and Exchange Act of 1934, Issuer's Supplemental Stock Purchase and Tax Savings Plan, indirect ownership
4 terms
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 of the Securities and Exchange Act of 1934 regulatory
"for the purpose of Section 16 of the Securities and Exchange Act of 1934"
Issuer's Supplemental Stock Purchase and Tax Savings Plan financial
"nature of ownership: By Issuer's Supplemental Stock Purchase and Tax Savings Plan"
indirect ownership financial
"ownership code I indicating indirect ownership through the issuer's plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock transactions in HBAN did Kendall A. Kowalski report?
Kendall A. Kowalski reported two sales of Huntington Bancshares common stock on August 3, 2026. Together they totaled 27,970.94 shares, executed as open-market or private transactions at prices around $17.20 per share, according to the Form 4 filing.
Did Kendall A. Kowalski’s HBAN trades occur under a Rule 10b5-1 plan?
The Form 4’s Rule 10b5-1 checkbox is marked false, indicating the trades are not affirmed as made under a trading plan. The footnotes do not describe any pre-arranged Rule 10b5-1 trading arrangement for these Huntington Bancshares transactions.
What indirect HBAN holdings are reported for Kowalski?
The filing reports 6,907.997 Huntington Bancshares shares held indirectly through the Issuer's Supplemental Stock Purchase and Tax Savings Plan. A footnote states the report should not be construed as an admission that Kowalski is the beneficial owner of these securities.
What is the nature of Kowalski’s indirect ownership in HBAN’s plan?
Indirect holdings are described as shares held “By Issuer's Supplemental Stock Purchase and Tax Savings Plan”, totaling 6,907.997 shares. A related footnote disclaims that this Form 4 filing should be viewed as an admission of beneficial ownership under Section 16.
What is the overall net effect of Kowalski’s Form 4 transactions in HBAN?
The transaction summary shows a net-sell direction totaling 27,970.94 shares sold of Huntington Bancshares common stock. There were no reported purchases, exercises, or gifts in this Form 4, only sales and an updated indirect holding entry.