Sit Roger J 4
Research Summary
AI-generated summary
Huntington Bancshares (HBAN) Director Roger Sit Receives Award
What Happened
Roger J. Sit, a director of Huntington Bancshares Inc. (HBAN), received a grant of 2,556.864 shares on 2026-01-26. The Form 4 reports the acquisition as an award (Transaction code A) at $0.00 per share (total reported $0), reflecting issuance under the company's director compensation program rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-26; Form filed: 2026-01-28.
- Transaction type/code: Award/Grant (A).
- Shares received: 2,556.864; price reported: $0.00 (total reported $0).
- Shares owned after transaction: Not specified in the information provided in this summary.
- Footnotes:
- F1: These are quarterly share awards to directors under the Directors' Deferred Compensation Plan.
- F2: Standard disclaimer that the filer may not be the beneficial owner for purposes of Section 16.
- Filing timeliness: Report filed two days after the transaction; no late filing flag indicated.
Context
This is a routine director compensation award (deferred compensation plan) and not a market purchase or sale. Such awards are common for non-employee directors and generally reflect compensation rather than a direct signal of insider sentiment.