STEINOUR STEPHEN D 4

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.