Company: HBAN
Filing Date: 2025-09-11
Form Type: 8-K
Source: 0001193125-25-201383
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Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-09-11
Form: 8-K
Item: Item 3.03
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Item 3.03.      Material Modification to Rights of Security Holders.  

On September 10, 2025, Huntington Bancshares Incorporated, a Maryland corporation (the “ Corporation”), filed articles supplementary to its charter (the “ Articles Supplementary”) with the State Department of Assessments and Taxation of Maryland (the “ Maryland Department”), establishing the rights, preferences, privileges, qualifications, restrictions and limitations of a new series of its serial preferred stock designated as the “6.250% Series K Non-CumulativePerpetual Preferred Stock” with par value of $0.01 per share and liquidation preference of $100,000 per share (the “ Series K Preferred Stock”). The Articles Supplementary were accepted for record on September 10, 2025, and became effective on September 10, 2025. The Articles Supplementary were filed in connection with an Underwriting Agreement, dated September 9, 2025 (the “ Underwriting Agreement”), by and between the Corporation, on the one hand, and BofA Securities, Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Huntington Securities, Inc. and RBC Capital Markets, LLC, as representatives of the several underwriters (collectively, “ Underwriters”) listed in Schedule I thereto, on the other hand, under which the Corporation agreed to sell to the Underwriters 750,000 depositary shares (the “ Depositary Shares”), each representing a 1/100th ownership interest in a share of the Series K Preferred Stock. Each holder of a Depositary Share will be entitled to the proportional rights of a share of Series K Preferred Stock represented by the Depositary Share.

The Series K Preferred Stock ranks, with respect to the payment of dividends and distributions upon liquidation, dissolution or winding-up,(1) on a parity with (A) the Corporation’s Floating Rate Series B Non-CumulativePerpetual Preferred Stock, par value $0.01 per share and liquidation preference of $1,000 per share, (B) the Corporation’s 5.625% Series FNon-CumulativePerpetual Preferred Stock, par value of $0.01 per share and liquidation preference of $100,000 per share, (C) the Corporation’s 4.450% Series GNon-CumulativePerpetual Preferred Stock, par value of $0.01 per share and liquidation preference of $100,000 per share, (D) the Corporation’s 4.500%