Director Gary Torgow Purchases $199.8K in Huntington Bancshares Stock
HUNTINGTON BANCSHARES INC /MD/
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Filing Summary
# Insider Trade Alert: Huntington Bancshares Inc (HBAN)
**Insider:** Gary Torgow (Director)
**Action:** Buy (Open Market)
**Shares:** 12,700 @ $15.74
**Total Value:** $199,834.50
**Post-Transaction Direct Holdings:** 956,040.95 shares
**Filing Date:** October 29, 2026
Comprehensive Analysis
Executive Summary
On October 27, 2026, Huntington Bancshares Inc. (NASDAQ: HBAN) Director Gary Torgow executed an open-market purchase of 12,700 shares of common stock at an average price of $15.735 per share, representing a total transaction value of approximately $199,835.
Transaction Breakdown
- Insider Name: Gary Torgow
- Role: Director
- Transaction Code: P (Open-market or private purchase)
- Shares Acquired: 12,700
- Execution Price: $15.735 per share
- Gross Outlay: $199,834.50
- Post-Trade Beneficial Ownership:
- Direct: 956,040.95 shares
- Indirect: 5,675 shares held by spouse
Market and Ownership Context
Gary Torgow already maintains a substantial equity stake in Huntington Bancshares, holding nearly 1 million shares directly. This purchase increases his direct equity position by approximately 1.34%. Open-market purchases by board members using personal capital typically convey positive sentiment regarding company valuation and near-term prospects.
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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.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.