Item 5. Other Information
1K characters. Original on sec.gov ·
Item 5. Other Information
Trading Plans
On January 31, 2024, Scott D. Kleinman, our Senior Executive Vice President and President of Commercial Banking, adopted a trading plan intended to satisfy the conditions under Rule 10b5-1(c) of the Exchange Act. Mr. Kleinman’s plan is for the vesting and sale of up to 56,684 shares of common stock underlying performance stock units in amounts and prices determined in accordance with formulae set forth in the plan. The plan terminates on the earlier of the date all the shares under the plan are sold and January 17, 2025.
On January 24, 2024, Rajeev (Raj) Syal, our Senior Executive Vice President and Chief Human Resources Officer, adopted a trading plan intended to satisfy the conditions under Rule 10b5-1(c) of the Exchange Act. Mr. Syal’s plan covers the following:
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the exercise and sale of up to 315,126 shares of common stock underlying stock options;
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the vesting and sale of up to 21,425 shares of common stock underlying restricted stock units;
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the vesting and sale of up to 49,458 shares of common stock underlying performance stock units; and
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the sale of up to 32,647 shares of common stock;
in amounts and prices determined in accordance with formulae set forth in the plan. The plan terminates on the earlier of the date all the shares under the plan are sold and January 31, 2025.
84 Huntington Bancshares Incorporated
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