Company: HBAN
Filing Date: 2025-07-21
Form Type: S-4
Source: 0001140361-25-026508
Chunk: 22

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-07-21
Form: S-4
Chunk 22
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 stock they hold immediately prior to the effective time. Huntington will not issue any fractional shares of Huntington common stock in the merger. Holders of Huntington common stock who would otherwise be entitled to a fraction of a share of Huntington common stock in the merger will instead receive, for the fraction of a share, an amount in cash (rounded to the nearest cent) based on the Huntington share closing price. Huntington common stock is listed on the NASDAQ under the symbol “HBAN,” and Veritex common stock is listed on the NASDAQ under the symbol “VBTX.” The following table shows the closing sale prices of Huntington common stock and Veritex common stock as reported on the NASDAQ on July 11, 2025, the last full trading day before the public announcement of the merger agreement, and on [ ], 2025, the last practicable trading day before the date of this proxy statement/prospectus. This table also shows the implied value of the merger consideration to be issued in exchange for each share of Veritex common stock, which was calculated by multiplyingthe closing price of Huntington common stock on those dates by the exchange ratio of 1.95.

|               |     |   Huntington 
 Common Stock |     |      Veritex 
 Common Stock |     |     Implied Value of 
 One Share of Veritex 
         Common Stock |
| July 11, 2025 |     |       $17.39 |     |       $27.46 |     |               $33.91 |
| [   ], 2025   |     |       $[   ] |     |       $[   ] |     |               $[   ] |

For more information on the exchange ratio, see the section entitled “The Merger—Terms of the Merger” beginning on page 32and the section entitled “The Merger Agreement—Merger Consideration” beginning on page 60. Treatment of Veritex Equity Awards (page 61) Veritex Stock Options At the effective time, each Veritex stock option with a per-share exercise price that is less than the per-share value of the merger consideration will be cancelled and the holder of such cancelled option will receive an amount in cash equal to the product of the difference between the merger consideration value and the per-share exercise price, multiplied bythe number of shares of Veritex common stock subject to the Veritex