Veritex Holdings Director Sughrue John Sells 9314 Shares at $32.02 and $31.99

Veritex Holdings, Inc. has announced that Director Sughrue John has executed two transactions on August 14, 2025. Firstly, he sold 7,652 shares at a price of $32.02 per share. Secondly, he sold 1,662 shares at a price of $31.99 per share on the same day.

Veritex Holdings, Inc. has announced that Director Sughrue John has executed two transactions on August 14, 2025. Firstly, he sold 7,652 shares at a price of $32.02 per share. Secondly, he sold 1,662 shares at a price of $31.99 per share on the same day.

The transactions were reported through a Form 4 filing with the U.S. Securities and Exchange Commission (SEC) [2]. The sales were executed as part of a broader strategic move by Huntington Bancshares to acquire Veritex Holdings, announced in July [1]. Huntington Bancshares aims to expand its presence in Texas through the acquisition, which is expected to close in the fourth quarter of 2025.

Veritex Holdings, Inc. operates more than 30 branches in key Texas markets, with $13 billion in assets, $9 billion in loans, and $11 billion in deposits as of March 31, 2025 [1]. The acquisition is part of a trend in the banking sector where financial institutions are looking to expand market presence and assets through mergers and acquisitions.

The acquisition will also align Veritex's experienced bankers with Huntington's relationship-based model, potentially expanding the range of products and services offered in Texas. Huntington Bancshares, with $210 billion in assets and 968 branches in 13 states, is the top SBA lender in Texas and expects to benefit from Veritex's local ties and expertise [1].

References:
[1] https://equipmentfinancenews.com/news/lender-operations/lender-ma-huntington-expands-texas-presence-with-1-9b-veritex-acquisition/
[2] https://www.streetinsider.com/SEC+Filings/Form+4+Veritex+Holdings%2C+Inc.+For%3A+Aug+14+Filed+by%3A+Sughrue+John/25218417.html