STEINOUR STEPHEN D 4
4 · HUNTINGTON BANCSHARES INC /MD/ · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Huntington Bancshares (HBAN) CEO Stephen Steinour Buys 32,277 Shares
What Happened Stephen D. Steinour, President, CEO & Chairman of Huntington Bancshares (HBAN), reported an open-market purchase of 32,277 shares on 2026-03-12 at $15.49 per share, totaling $499,971. This was a purchase (code P) reported on a Form 4 filed 2026-03-16.
Key Details
- Transaction date: 2026-03-12; Price: $15.49 per share; Shares: 32,277; Total value: $499,971.
- Transaction type: Open-market purchase (Section 16 code P).
- Filing date / Accession: Form 4 filed 2026-03-16 (Accession 0001225208-26-003718). The filing is marked late (transactionTimeliness = "L"), meaning it was filed after the standard two-business-day reporting deadline for insiders.
- Shares owned after transaction: Not specified in the provided excerpt.
- Footnotes: F1 and F3 state the transfer of shares to fund a grantor retained annuity trust (GRAT); F2 is a standard disclaimer that the filer does not admit beneficial ownership for Section 16 purposes.
Context Purchases by company executives are often watched by investors as a potential positive signal, but the footnotes here indicate the shares were moved to a grantor retained annuity trust—an estate-planning move that can explain transfers without reflecting a change in investment view. The late filing simply means the Form 4 missed the usual reporting window and does not by itself indicate impropriety.
Insider Transaction Report
- Purchase
Common Stock
[F1]2026-03-12$15.49/sh+32,277$499,971→ 1,442,844.545 total
- 3,502,975.529(indirect: By Executive Deferred Compensation Plan)
Common Stock
[F2] - 3,077,505(indirect: By Trust)
Common Stock
[F2] - 869,500(indirect: by GRATS)
Common Stock
[F3][F2] - 55,699.8(indirect: By 401(k))
Common Stock
[F2] - 90,363.268(indirect: By Issuer's Supplemental Stock Purchase and Tax Savings Plan)
Common Stock
[F2] - 1,924.43(indirect: By Spouse)
Common Stock
[F2]
Footnotes (3)
- [F1]Reflects the transfer of shares to fund a grantor retained annuity trust.
- [F2]The filing of this statement shall not be construed as an admission that the undersigned is, for the purpose of Section 16 of the Securities and Exchange Act of 1934 or otherwise, the beneficial owner of the securities.
- [F3]Reflects the transfer of shares to from direct account to fund new grantor retained annuity trust.