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EdgarHawk

Wasserman Zachary Jacob

CFO and Senior Exec. V.P.

Officer
2 filings analyzed · 1 company · Latest 2025-05-02

Companies

Company Buys Sells Direction
HUNTINGTON BANCSHARES INC /MD/ HBAN 0 2 Net selling

Activity

May 2025
medium
Sell
59,060 shares
$848,282
Significance 5/10

HBAN CFO Wasserman sells 59.1K shares ($848.3K) on 2025-04-30 at $14.36; holds 277.3K post-transaction

Zachary Jacob Wasserman, CFO and Senior Executive Vice President, sold 59,060 shares of Huntington Bancshares at $14.36, reducing his holdings by 17.6% to 277,347 shares. The sale occurred while the stock trades at $15.08 (current price), within a 52-week range of $12.34–$18.20, having declined 12.3% over 90 days. His prior sale at HBAN on 2025-03-13 showed a 30-day loss of 10.4%, and his only measurable 90-day outcome at this ticker (2023 sale) resulted in a +19.4% gain, suggesting his prior sells at HBAN have not been well-timed at the 90-day level. The company's fundamentals remain solid with net income of $527.0M and a P/E of 10.70, offering context for interpreting whether this sale reflects valuation concerns or portfolio management by a senior finance executive.

March 2025
medium
Sell
38,451 shares
$552,925
Significance 4/10

HBAN CFO Wasserman sells 38.5K shares at $14.38; stock down 10.9% in 30 days, 12.0% in 90 days.

Wasserman Zachary Jacob, HBAN's CFO and Senior Executive Vice President, sold 38,451 shares at $14.38 on 2025-03-13, reducing his stake from 373,988 to 335,537 shares (-10.3%). The sale occurred amid a sharp stock decline: HBAN has fallen 10.9% over 30 days and 12.0% over 90 days, now trading at $14.90 against a 52-week high of $18.20 (-18.1%). His single prior sale at HBAN on 2023-05-03 generated a 90-day return of +19.4%, indicating that sale was poorly timed—the stock rose after he sold. While HUNTINGTON BANCSHARES maintains reasonable fundamentals (P/E 13.19, $362.0M quarterly revenue, +4.9% annual growth), the CFO's concurrent share reduction warrants investor attention given the stock's recent performance trajectory.

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