Company: HBAN
Filing Date: 2025-08-08
Form Type: S-4/A
Source: 0001140361-25-029894
Chunk: 96

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-08-08
Form: S-4/A
Chunk 96
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| • | each of Messrs. Holland, Earley, Holford and Karaba, and Mses. Harper and Renfro experiences a qualifying termination of employment immediately following the effective time; |

| • | 2025 annual bonuses will be payable based on target level performance; |

| • | Veritex’s common stock has a price per share of $32.34, the average closing price per share over the first five business days following the announcement of the merger agreements. |

The calculations in the table below do not include amounts that Veritex’s named executive officers were already entitled to receive or vested in as of the date of this proxy statement/prospectus. In addition, for Mr. Holland, the calculations in the table do not include any amounts that may become payable under the retention agreement with Mr. Holland, as described in the section entitled “—Huntington Letter Agreement with C. Malcolm Holland” and, for Mr. Earley, the calculations in the table do not include any amounts that may become payable after the closing under the letter agreement with Mr. Earley, as described in the section entitled “—Huntington Retention Agreement with Terry S. Earley” as those amounts are, in each case, are contingent upon, and will be paid as compensation for restrictive covenants applicable and services provided to Huntington following the closing. These amounts also do not reflect compensation actions that may occur after the date of this proxy statement/prospectus but before the effective time of the merger, including any additional equity grants, issuances or forfeitures that may occur prior to the closing of the merger. As a result of the foregoing assumptions, which may or may not actually occur or be accurate on the relevant date, including the assumptions described in the footnotes to the table, the actual amounts, if any, to be received by a named executive officer may materially differ from the amounts set forth below.

| Name(1)                 |     |          Cash 
        ($)(2) |     |        Equity 
        ($)(3) |     |          Total 
            ($) |
| C. Malcolm Holland, III |     | $5,145,953.04 |     | $7,051,737.00 |     | $12,197,690.04 |
| Terry S. Earley         |     | $1,123,750.00 |     |            $— |     |  $1,123,750.00 |
| Dom Karaba              |