HUNTINGTON BANCSHARES INC /MD/·4

Mar 16, 6:41 PM ET

Kleinman Scott D 4

Research Summary

AI-generated summary

Updated

Huntington Bancshares (HBAN) Senior EVP Scott Kleinman Sells Shares

What Happened
Scott D. Kleinman, Senior Executive Vice President of Huntington Bancshares (HBAN), sold 65,530 shares on March 12, 2026. The shares were disposed at $15.28 each for a gross value of approximately $1,001,298. This transaction was a sale (not a purchase).

Key Details

  • Transaction date: 2026-03-12; Price: $15.28 per share; Shares sold: 65,530; Gross proceeds: ~$1.00M.
  • Execution: Reported as an open‑market or private sale (code S).
  • Filed with SEC: Form 4 filed 2026-03-16 (filed on the required deadline — timely).
  • Footnotes: Sale occurred automatically under a Rule 10b5‑1 trading plan adopted by Mr. Kleinman on December 5, 2025 (F1). The filer also notes that this statement is not an admission of beneficial ownership for purposes of Section 16 (F2).
  • Shares owned after transaction: Not specified in the provided Form 4 excerpt.

Context
Sales made under Rule 10b5‑1 plans are pre‑arranged and often automatic, and therefore do not necessarily reflect the insider’s current view of the company. For retail investors, routine insider sales are common; purchases typically receive more weight as potential signals of confidence.