Huntington Bancshares Director Roger J. Sit Receives Quarterly Equity Compensation
HUNTINGTON BANCSHARES INC /MD/
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Filing Summary
# Huntington Bancshares Inc ($HBAN) Form 4 Filing
**Insider:** Roger J. Sit (Director)
**Filing Date:** October 5, 2026 | **Transaction Date:** October 1, 2026
**Significance:** Low (Routine Director Compensation)
### Transaction Summary
- **Direct Acquisition:** 1,872.957 shares of Common Stock @ $0.00
- **Indirect Acquisition:** 523.017 shares via Director Deferred Compensation Plan @ $0.00
- **Direct Post-Transaction Ownership:** 209,064.884 shares
- **Total Transacted Value:** $0.00 (Award/Grant)
Comprehensive Analysis
Overview & Context
On October 5, 2026, Director Roger J. Sit reported the acquisition of common stock in Huntington Bancshares Inc ($HBAN) effective October 1, 2026. The reported transactions represent routine quarterly equity grants and deferred compensation associated with board service.
Transaction Breakdown
- Direct Award: Acquired 1,872.957 shares of common stock at $0.00 per share, increasing direct ownership to 209,064.884 shares.
- Deferred Compensation: Acquired 523.017 shares of common stock at $0.00 per share held indirectly via the Director Deferred Compensation Plan, bringing the deferred balance to 50,907.714 shares.
- Additional Indirect Holdings: The filing also reflects holdings of 22,921 shares via the Richard A. Sit Trust, 152,572 shares via Sit Investment Associates, and 4,713 shares held by trust.
Market & Trading Significance
The trading significance is assessed as Low. These transactions are standard director retainer/compensation awards granted at zero cost under established board remuneration programs rather than open-market purchases or sales, indicating no immediate directional signal regarding company fundamentals.
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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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