Huntington director buys 22,000 preferred depositary shares

Huntington Bancshares director James D. Rollins III reported a series of open-market purchases of the company’s preferred depositary shares, all held indirectly through an LLC.

Rhea-AI Filing Summary

Huntington Bancshares director James D. Rollins III reported a series of open-market purchases of the company’s preferred depositary shares, all held indirectly through an LLC. Across several trades on June 2–4, 2026, the LLC bought a total of 22,000 depositary shares of Huntington’s non-cumulative perpetual preferred stock.

The trades covered two series: the 4.50% Series H and the 5.50% Series L. Purchases of Series H included 11,127 depositary shares at $16.50 and additional shares around $16.46–$16.50. Series L deposits were bought at weighted-average prices around $20.30–$20.35, including 5,202 and 4,798 depositary shares. After these transactions, one line shows 10,000 Series L and another 12,000 Series H depositary shares held indirectly.

Insider Trade Summary

Net Buyer: 22,000 shares

Net Buy 6 txns

Insider ROLLINS JAMES D III

Role Director

Bought 22,000 shs ($401K)

Type	Security	Shares	Price	Value
Purchase	Dep Shares-int in 5.50% Ser L Non-Cum Perp Pref Stk	4,798	$20.30	$97K
Purchase	Dep Shares-int in 4.50% Ser H Non-Cum Perp Pref Stk	873	$16.46	$14K
Purchase	Dep Shares-int in 5.50% Ser L Non-Cum Perp Pref Stk	5,202	$20.35	$106K
Purchase	Dep Shares-int in 4.50% Ser H Non-Cum Perp Pref Stk	11,127	$16.50	$184K
holding	Dep Shares-int in 4.50% Ser H Non-Cum Perp Pref Stk	--	--	--
holding	Dep Shares-int in 5.50% Ser L Non-Cum Perp Pref Stk	--	--	--

Holdings After Transaction: Dep Shares-int in 4.50% Ser H Non-Cum Perp Pref Stk — 12,000 shares (Indirect, By LLC); Dep Shares-int in 5.50% Ser L Non-Cum Perp Pref Stk — 10,000 shares (Indirect, By LLC); Dep Shares-int in 4.50% Ser H Non-Cum Perp Pref Stk — 11,500 shares (Direct); Dep Shares-int in 5.50% Ser L Non-Cum Perp Pref Stk — 9,500 shares (Direct)

Footnotes (2)

1. F1. Price represents a weighted average of the purchase price. Shares were purchased at prices ranging from $16.49 to $16.50. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person will provide the full information about the number of shares purchased at each separate price.
2. F2. Price represents a weighted average of the purchase price. Shares were purchased at prices ranging from $20.30 to $20.35. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person will provide the full information about the number of shares purchased at each separate price.

Key Figures

Total depositary shares bought: 22,000 shares Series H purchase block: 11,127 shares at $16.50 Series H price range: $16.49–$16.50 +4 more

7 metrics

Total depositary shares bought 22,000 shares Net open-market purchases across Series H and L

Series H purchase block 11,127 shares at $16.50 4.50% Series H non-cumulative perpetual preferred

Series H price range $16.49–$16.50 Weighted-average purchase price range in footnote F1

Series L purchase block 5,202 shares at $20.35 5.50% Series L non-cumulative perpetual preferred

Series L purchase block 4,798 shares at $20.30 5.50% Series L non-cumulative perpetual preferred

Indirect Series L holdings 10,000 shares Depositary shares following June 4, 2026 transaction

Indirect Series H holdings 12,000 shares Depositary shares following June 3, 2026 transaction

Key Terms

open-market purchase, non-derivative, depositary shares, non-cumulative perpetual preferred stock, +1 more

5 terms

open-market purchase financial

"transaction_action: open-market purchase"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

non-derivative financial

"transaction_type: non-derivative"

depositary shares financial

"Dep Shares-int in 5.50% Ser L Non-Cum Perp Pref Stk"

Depositary shares are tradable certificates that represent a fractional piece of a larger security held by a third-party bank, like owning a slice of a single big pie instead of the whole pie. They let companies issue and investors buy smaller, more affordable portions of preferred stock or other instruments; holders usually receive proportional dividends and market pricing similar to ordinary shares, but may have limited voting rights and different liquidity or tax implications, which can affect income and resale value.

non-cumulative perpetual preferred stock financial

"5.50% Ser L Non-Cum Perp Pref Stk"

Non-cumulative perpetual preferred stock is a type of investment that pays a fixed dividend forever, without a set end date. If the company skips some dividends in a year, you don’t get that money later, and it’s gone forever. It matters because investors get regular income but may miss out if the company faces financial trouble.

weighted average financial

"Price represents a weighted average of the purchase price."

A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did HBAN director James D. Rollins III report?

He reported open-market purchases totaling 22,000 Huntington preferred depositary shares. The trades, dated June 2–4, 2026, involved the bank’s 4.50% Series H and 5.50% Series L non-cumulative perpetual preferred stock, all held indirectly through an LLC.

Which Huntington (HBAN) securities were bought in this Form 4 filing?

The filing covers depositary shares representing interests in Huntington’s 4.50% Series H and 5.50% Series L non-cumulative perpetual preferred stock. These are preferred, income-oriented securities rather than common stock, and all reported positions are held indirectly via an LLC.

How many Huntington (HBAN) preferred shares were purchased in total?

The transactions show 22,000 depositary shares purchased in total. This includes multiple trades in the 4.50% Series H and 5.50% Series L preferred series over three trading days, with each trade’s share count and price separately reported in the filing data.

At what prices did the HBAN preferred depositary share purchases occur?

Series H purchases include 11,127 shares at $16.50, with other trades in a $16.49–$16.50 range. Series L purchases include 5,202 shares at $20.35 and 4,798 shares at $20.30, plus related weighted-average price ranges disclosed in the footnotes.

Are the HBAN insider purchases held directly or indirectly?

All reported purchases are held indirectly through an LLC. The Form 4 labels these positions as indirect ownership with the notation “By LLC,” indicating that the depositary shares are owned via an entity associated with the reporting person.

What were the holdings after the HBAN preferred share purchases?

After the reported trades, one line shows 10,000 depositary shares of the 5.50% Series L preferred held indirectly. Another line shows 12,000 depositary shares of the 4.50% Series H preferred held indirectly, reflecting cumulative positions following the purchases.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/04/2026 - 05:46 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

ROLLINS JAMES D III

(Last) (First) (Middle)

HUNTINGTON CENTER

41 S. HIGH STREET

(Street)

COLUMBUS OHIO 43215

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HUNTINGTON BANCSHARES INC /MD/ [ HBAN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Dep Shares-int in 4.50% Ser H Non-Cum Perp Pref Stk	06/02/2026		P		11,127	A	$16.5(1)	11,127	I	By LLC
Dep Shares-int in 4.50% Ser H Non-Cum Perp Pref Stk	06/03/2026		P		873	A	$16.46	12,000	I	By LLC
Dep Shares-int in 5.50% Ser L Non-Cum Perp Pref Stk	06/03/2026		P		5,202	A	$20.35(2)	5,202	I	By LLC
Dep Shares-int in 5.50% Ser L Non-Cum Perp Pref Stk	06/04/2026		P		4,798	A	$20.3	10,000	I	By LLC
Dep Shares-int in 4.50% Ser H Non-Cum Perp Pref Stk								11,500	D
Dep Shares-int in 5.50% Ser L Non-Cum Perp Pref Stk								9,500	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Price represents a weighted average of the purchase price. Shares were purchased at prices ranging from $16.49 to $16.50. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person will provide the full information about the number of shares purchased at each separate price.

2. Price represents a weighted average of the purchase price. Shares were purchased at prices ranging from $20.30 to $20.35. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person will provide the full information about the number of shares purchased at each separate price.

	Rachel L. Lawless, Attorney-in-Fact	06/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)