Tate Jeffrey L. 4

What Happened Jeffrey L. Tate, a director of Huntington Bancshares Inc. (HBAN), was granted 9,320 deferred stock units on May 1, 2026. The Form 4 reports an acquisition price of $0.00 for the award (transaction code A). This was an equity award/compensation grant rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-05-01; reported on Form 4 filed 2026-05-05 (code A = award/grant).
• Quantity: 9,320 deferred stock units; reported acquisition price: $0.00.
• Shares owned after the transaction: not specified in the information provided in this summary.
• Footnote F1: These are deferred stock units; the underlying shares are deliverable to the reporting person six months following separation from service as a director.
• Footnote F2: The filing states it should not be construed as an admission that the reporting person is the beneficial owner for purposes of Section 16.
• No late-filing flag was indicated in the provided filing.

Context Deferred stock units are a form of non-cash director compensation. They do not represent immediately delivered common shares and typically convert to actual shares (or equivalent) only under the conditions stated — here, six months after the director leaves service. Because this was a compensation award rather than a purchase or sale, it should be interpreted as routine director compensation, not a direct market buy or sell signal.