Inglis John C 4

What Happened
John C. Inglis, a director of Huntington Bancshares Inc. (HBAN), was granted 10,523 deferred stock units on 2026-05-01. The units were recorded at $0.00 per share (total $0) as an award/acquisition rather than a cash purchase. This is a director compensation award, not an open-market buy or sale.

Key Details

• Transaction date: 2026-05-01; Form 4 filed: 2026-05-05 (timely filing, not marked late).
• Transaction type/code: Award/Grant (Code A — acquisition).
• Shares/units granted: 10,523 deferred stock units at $0.00 per unit (total reported value $0).
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnotes:
  • F1 — These are deferred stock units; underlying shares are deliverable to the reporting person six months following separation from service as a director.
  • F2 — Filing contains a standard non-admission of beneficial ownership clause.

Context
Deferred stock units (DSUs) are a form of director compensation that convert into actual shares (or equivalent value) only upon a future event (here, six months after separation). Such awards reflect compensation structure rather than an immediate market-driven purchase or sale and do not necessarily signal the insider’s current view of the company’s stock.