Julie C. Tutkovics - Feb 28, 2024 Form 4 Insider Report for HUNTINGTON BANCSHARES INC /MD/ (HBAN)

Signature
Anne Kruger, Attorney-in-Fact
Stock symbol
HBAN
Transactions as of
Feb 28, 2024
Transactions value $
-$70,639
Form type
4
Date filed
3/1/2024, 05:18 PM
Previous filing
Feb 22, 2024
Next filing
Mar 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HBAN Common Stock Options Exercise $235K +27.5K +9.05% $8.57 331K Feb 28, 2024 Direct F1
transaction HBAN Common Stock Options Exercise $235K +27.4K +8.29% $8.57 358K Feb 28, 2024 Direct
transaction HBAN Common Stock Tax liability -$271K -21K -5.86% $12.88 337K Feb 28, 2024 Direct
transaction HBAN Common Stock Tax liability -$271K -21K -6.23% $12.88 316K Feb 28, 2024 Direct
holding HBAN Common Stock 86.5K Feb 28, 2024 By Executive Deferred Compensation Plan F2, F3
holding HBAN Common Stock 3.11K Feb 28, 2024 By Issuer's Supplemental Stock Purchase and Tax Savings Plan F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HBAN Employee/Director Stock Option (Right to Buy) Options Exercise $0 -27.4K -33.33% $0.00 54.9K Feb 28, 2024 Common Stock 27.4K $8.57 Direct
transaction HBAN Employee/Director Stock Option (Right to Buy) Options Exercise $0 -27.5K -50% $0.00 27.5K Feb 28, 2024 Common Stock 27.5K $8.57 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Total includes accrued dividend equivalents reflecting exempt automatic reinvestment of dividends on awards of restricted stock units.
F2 Total includes the exempt acquisition of shares via the automatic reinvestment of dividends.
F3 The filing of this statement shall not be construed as an admission that the undersigned is, for the purpose of Section 16 of the Securities and Exchange Act of 1934 or otherwise, the beneficial owner of the securities.