Hepner Virginia A 4/A
4/A · HUNTINGTON BANCSHARES INC /MD/ · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
Huntington (HBAN) Director Virginia Hepner Receives 70,779 Shares
What Happened
- Virginia A. Hepner, a director of Huntington Bancshares Inc. (HBAN), was issued 70,779 shares of Huntington common stock on Feb 1, 2026. The shares were acquired at $0.00 as part of Huntington’s acquisition of Cadence Bank (transaction code A — award/acquisition). Reported value on Form 4 is $0 because the shares were issued in connection with the merger conversion rather than a cash purchase.
Key Details
- Transaction date: 2026-02-01; Filing (amendment) date: 2026-02-12.
- Shares acquired: 70,779 at $0.00 (total reported cash value $0).
- Shares owned after transaction: 70,779 (these shares were also reported on a Form 3 filed the same date).
- Footnote: Shares were issued under the merger—each Cadence share converted into 2.475 Huntington shares per the merger agreement.
- Amendment/Correction: This Form 4 amends prior reporting to correct an underreporting of 83 shares (previously reported as 70,696).
- Timeliness: The amendment was filed 11 days after the transaction date; the filing window for original Form 4s is within two business days of the transaction (this document is an amended filing).
Context
- These shares resulted from a stock conversion tied to a corporate acquisition (not an open-market purchase), so they reflect merger consideration rather than insider buying/selling intent. Such merger-related issuances are routine and do not necessarily signal the director’s market view.
Insider Transaction Report
Form 4/AAmended
Hepner Virginia A
Director
Transactions
- Award
Common Stock
[F1]2026-02-01+70,779→ 70,779 total
Footnotes (1)
- [F1]Acquired in connection with Huntington's acquisition of Cadence Bank on February 1, 2026. Pursuant to the merger agreement, each issued and outstanding share of Cadence Bank common stock held by the reporting person was converted into the right to receive 2.475 shares of Huntington common stock. These shares were also reported as owned by the Reporting Person on the Form 3 filed on the date hereof.
Signature
Rachel L. Lawless, Attorney-in-Fact|2026-02-12