Phelan Kenneth J 4
Research Summary
AI-generated summary
Huntington Bancshares (HBAN) Director Kenneth Phelan Receives Award
What Happened
Kenneth J. Phelan, a director of Huntington Bancshares Inc. (HBAN), received 3,400.737 shares as a director award on January 26, 2026. The award is reported at $0.00 per share (i.e., granted shares under the company plan), so the Form 4 lists a $0 acquisition price. This was an equity award (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-01-26 — Type: Award/Grant (code A)
- Shares granted: 3,400.737 at $0.00 per share (total reported acquisition value $0)
- Form 4 filed: 2026-01-28 (filed within the standard 2-business-day window)
- Shares owned after transaction: Not specified in the provided filing details
- Footnotes: F1 — these are quarterly director share awards under the Directors' Deferred Compensation Plan; F2 — filing does not necessarily mean the filer claims beneficial ownership for all purposes
Context
Director share awards are a routine form of non-cash compensation and are often deferred under company plans; a $0.00 price on the Form 4 reflects an issued award rather than a market purchase. Such grants do not by themselves indicate the director’s view on the stock’s future performance.