Scott D. Kleinman - Apr 30, 2024 Form 4 Insider Report for HUNTINGTON BANCSHARES INC /MD/ (HBAN)

Signature
Anne Kruger, Attorney-in-Fact
Stock symbol
HBAN
Transactions as of
Apr 30, 2024
Transactions value $
-$695,217
Form type
4
Date filed
5/2/2024, 05:10 PM
Previous filing
Apr 18, 2024
Next filing
May 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HBAN Common Stock Sale -$695K -51.7K -10.78% $13.45 428K Apr 30, 2024 Direct F1
holding HBAN Common Stock 331 Apr 30, 2024 By Issuer's Supplemental Stock Purchase and Tax Savings Plan F2
* 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 The reported sale of shares occured automatically pursuant to a Rule 10b5-1 trading plan adopted by Mr. Kleinman on January 29, 2024.
F2 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.