Rodriguez Alice L 4
Research Summary
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Huntington (HBAN) Director Alice Rodriguez Receives 7,910 Shares
What Happened
- Alice L. Rodriguez, a director of Huntington Bancshares Inc. (HBAN), was allocated 7,910 shares of Huntington common stock on Feb 1, 2026. The Form 4 reports these shares at $0.00 per share because they were issued in connection with Huntington’s acquisition of Cadence Bank rather than bought on the open market.
Key Details
- Transaction date: 2026-02-01; Form 4 filed: 2026-02-03.
- Transaction type/code: A (Grant, award or other acquisition).
- Shares acquired: 7,910; reported price: $0.00 (shares issued in merger conversion).
- Shares owned after transaction: Not specified on this Form 4; the filing notes these shares were also reported on a Form 3 filed the same date.
- Footnote: Shares were received under the merger—each Cadence Bank share was converted into the right to receive 2.475 Huntington shares. The reporting person’s Cadence shares were converted per the merger agreement.
- Timeliness: Filed Feb 3 for a Feb 1 transaction; appears filed within the standard reporting window.
Context
- This was a merger-related stock conversion (not a purchase or sale). Such merger issuances (reported at $0 on Form 4) reflect corporate action, not an insider buying or selling based on personal sentiment.