Michael Scott Jones - Mar 1, 2023 Form 4 Insider Report for HUNTINGTON BANCSHARES INC /MD/ (HBAN)

Signature
Anne Kruger, Attorney-in-Fact
Stock symbol
HBAN
Transactions as of
Mar 1, 2023
Transactions value $
-$61,628
Form type
4
Date filed
3/3/2023, 03:38 PM
Previous filing
Dec 1, 2022
Next filing
May 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HBAN Common Stock Award $0 +22.9K +14.13% $0.00 185K Mar 1, 2023 Direct F1, F2
transaction HBAN Common Stock Tax liability -$61.6K -4.03K -2.18% $15.30 181K Mar 1, 2023 Direct F3
holding HBAN Common Stock 45.8K Mar 1, 2023 By Issuer's Investment and Tax Savings Plan (401(k) Plan) F4, F5
holding HBAN Common Stock 129K Mar 1, 2023 by Revocable Trust F5, F6
holding HBAN Common Stock 39.3K Mar 1, 2023 By TCF SERP F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 An award of restricted stock units, to be released in shares of common stock, that vests in two equal installments: 50% on the third anniversary of the date of grant and 50% on the fourth anniversary of the date of grant.
F2 Total reflects the transfer of shares from directly-owned to Revocable Trust and also includes accrued dividend equivalents reflecting exempt automatic reinvestment of dividends on awards of restricted stock units.
F3 Reflects shares withheld to satisfy reporting person's tax withholding obligation upon the vesting of a restricted stock unit award.
F4 Total reflects the rollover of shares from the TCF 401(k) Plan and includes the exempt acquisition of shares via the automatic reinvestment of dividends.
F5 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.
F6 Total reflects the transfer of shares from directly-owned to Revocable Trust.
F7 The shares noted are derivative securities based on the Reporting Person's benefits under a non-qualified plan.