Hepner Virginia A 4
Research Summary
AI-generated summary
Huntington Bancshares (HBAN) Director Virginia Hepner Receives Award
What Happened
Virginia A. Hepner, a director of Huntington Bancshares Inc. (HBAN), received a grant (transaction code A) of 9,320 deferred stock units on May 1, 2026. The award was reported at $0.00 per unit (grant/award — no cash paid). Per the filing footnote, the underlying shares become deliverable to Hepner six months after she separates from service as a director.
Key Details
- Transaction date and type: 2026-05-01 — Grant/Award (code A) of 9,320 deferred stock units at $0.00.
- Reported value: $0 immediate cash value at grant (deferred units rather than an open-market purchase).
- Shares owned after transaction: Not specified in the supplied filing details.
- Footnote: These are deferred stock units; underlying shares are deliverable six months following separation from service.
- Filing timing: Report filed May 5, 2026 for a May 1 transaction; the filing was not flagged as late in the provided data.
Context
This was a compensation/retention-type award (deferred stock units), not an open-market purchase or sale. Deferred units typically convert into shares (or equivalent value) at a later date or upon separation, so this grant does not indicate an immediate change in Hepner’s tradable holdings or a direct buy/sell signal.