Tate Jeffrey L. 4
4 · HUNTINGTON BANCSHARES INC /MD/ · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
Huntington (HBAN) Director Jeffrey L. Tate Receives 553-Share Award
What Happened
Jeffrey L. Tate, a director of Huntington Bancshares Inc. (HBAN), acquired equity via two awards on April 1, 2026: 503.864 shares and 49.598 shares. Both lines are reported as acquisitions (transaction code A) at $0.00 per share; the Form 4 does not report a cash price or total dollar value. In total Tate received 553.462 shares. This was an award/grant (compensation-related acquisition), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-01; Form 4 filed 2026-04-03 (timely filing).
- Reported entries: 503.864 shares @ $0.00 and 49.598 shares @ $0.00 (total 553.462 shares).
- Shares owned after transaction: not specified in the filing.
- Footnote: F1 — the filer states this filing is not an admission of beneficial ownership for purposes of Section 16.
- Transaction type code: A = grant/award/other acquisition (typically compensation-related).
Context
Awards to directors are commonly part of board compensation programs (restricted stock, deferred stock units, or similar) and do not necessarily indicate a personal market-based purchase or sale. Because no cash price or immediate sale was reported, this looks like a compensation award rather than a market trade. For retail investors, purchases/market buys can be a clearer signal of personal conviction than routine compensation grants.
Insider Transaction Report
- Award
Common Stock
2026-04-01+503.864→ 113,614.853 total - Award
Common Stock
[F1]2026-04-01+49.598→ 5,158.695 total(indirect: Director Deferred Compensation Plan)
Footnotes (1)
- [F1]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.