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Huntington Bancshares VP Sells Over $1 Million in Stock
Insider transaction reduces VP's stake by nearly 12%
Mar. 17, 2026 at 8:19am
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Huntington Bancshares Incorporated (NASDAQ:HBAN) VP Scott Kleinman sold 65,530 shares of the company's stock on March 12th for $1,001,298.40, reducing his stake by 11.98% to 481,676 shares worth approximately $7.36 million. The sale was disclosed in a legal filing with the SEC.
Why it matters
Insider transactions, especially large sales, can provide insights into management's views on the company's prospects. This sale by a Huntington VP may signal concerns about the bank's future performance, though the reasons behind the transaction are not explicitly stated.
The details
Kleinman sold the shares at an average price of $15.28 per share. Following the transaction, he directly owns 481,676 shares of Huntington Bancshares, valued at around $7.36 million. The sale represents an 11.98% decrease in Kleinman's ownership stake in the company.
- The shares were sold on Thursday, March 12th.
The players
Scott Kleinman
A vice president at Huntington Bancshares Incorporated.
Huntington Bancshares Incorporated
A bank holding company headquartered in Columbus, Ohio that provides a range of banking and financial services through its subsidiary, Huntington National Bank.
What they’re saying
“We must not let individuals continue to damage private property in San Francisco.”
— Robert Jenkins, San Francisco resident (San Francisco Chronicle)
The takeaway
This insider sale by a Huntington Bancshares VP raises questions about the bank's near-term prospects, though the specific reasons behind the transaction are unclear. Investors will likely be watching for any further insider activity or commentary from the company that could provide more context around this sale.
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