Huntington Bancshares Director Kenneth J. Phelan Receives Quarterly Stock Award
HUNTINGTON BANCSHARES INC /MD/
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Filing Summary
Huntington Bancshares Inc ($HBAN) Form 4 Filing Update
Insider: Kenneth J. Phelan Role: Director Transaction Date: 2026-10-01 Transaction Type: Grant / Award (Code A) Shares Acquired: 1,743.56 (1,098.46 Direct, 645.10 Indirect via Deferred Comp Plan) Price: $0.00 Total Transaction Value: $0.00 Total Holdings After: 211,538.32 shares (Direct & Indirect) Significance: Low (Routine director compensation award)
Comprehensive Analysis
Executive Summary
On October 5, 2026, Huntington Bancshares Inc (NASDAQ: HBAN) filed a Form 4 detailing equity awards granted to Director Kenneth J. Phelan on October 1, 2026. The transaction consists of two routine grant allocations totaling 1,743.558 shares of common stock at $0.00 per share, categorized as director equity compensation.
Transaction Breakdown
- Direct Acquisition: 1,098.458 shares acquired directly, bringing direct holdings to 108,747.60 shares.
- Indirect Acquisition: 645.10 shares acquired indirectly via the Director Deferred Compensation Plan, increasing deferred plan holdings to 62,790.721 shares.
- Other Holdings: Phelan also maintains indirect ownership of 40,000 shares held by trust.
- Total Post-Transaction Ownership: Across direct and indirect holdings, Phelan controls approximately 211,538.32 shares.
Market and Trading Assessment
Because this transaction represents routine board equity compensation rather than an open-market purchase or sale, it carries a Low trading significance and reflects regular governance remuneration practices rather than directional insider sentiment.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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