Company: HBAN
Filing Date: 2025-09-11
Form Type: 8-K
Source: 0001193125-25-201383
Chunk: 4

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-09-11
Form: 8-K
Item: Item 5.03
Chunk 4
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 or repurchase of the Series K Preferred Stock. Any redemption of the Series K Preferred Stock is subject to the Corporation’s receipt of any required prior approval by the Board of Governors of the Federal Reserve System or other successor regulatory authority (the “ Federal Reserve”) and to the satisfaction of any conditions set forth in the capital guidelines or regulations of the Federal Reserve applicable to redemption of the Series K Preferred Stock.

Holders of the Series K Preferred Stock will have no voting rights, except with respect to certain fundamental changes in the terms of the Series K Preferred Stock and certain other matters. In addition, if dividends on the Series K Preferred Stock are not paid in full for at least six quarterly dividend periods or their equivalent, whether or not consecutive, the holders of the Series K Preferred Stock, acting as a single class with any other parity securities having similar voting rights that are then exercisable, will have the right to elect two directors to the Corporation’s board of directors. The terms of office of these directors will end when the Corporation has paid or set aside for payment full dividends for at least one year’s worth of dividend periods on the Series K Preferred Stock and any non-cumulativeparity securities and all dividends on any cumulative parity securities have been paid in full.

The foregoing description of the terms of the Series K Preferred Stock is qualified in its entirety by reference to the full text of the Articles Supplementary, which are included as Exhibit 3.1 to this Current Report on Form8-Kand are incorporated by reference herein.

  Item 8.01.      Other Events.  

On September 11, 2025, the Corporation closed the public offering of 750,000 Depositary Shares pursuant to the Underwriting Agreement. The Depositary Shares and the Series K Preferred Stock have been registered under the Securities Act of 1933, as amended, by a registration statement on Form S-3ASR(FileNo. 333-285441)(the “ Registration Statement”). The following documents are being filed with this Current Report on Form8-Kand incorporated by reference into the Registration Statement: (i) the Underwriting Agreement, (ii) the Articles Supplementary, (iii) the Deposit Agreement, dated September 11, 2025, among the Corporation, Computershare Inc. and Computershare Trust Company, N. A. (jointly, the “ Depositary”) and the holders from time to time of the depositary receipts described therein, (iv) the form of certificate representing the Series K Preferred Stock, (v) the form