Huntington Bancshares Inc 8-K, filed May 26, 2022
Huntington Bancshares Inc (HBAN)
8-K
2022-05-26
For: 2022-05-23
View Original
Added on
April 12, 2026
About this 8-K
Huntington Bancshares Inc filed this 8-K on May 26, 2022, reporting on events of May 23, 2022.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) May 23, 2022
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(Exact name of registrant as specified in its charter)
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| (State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||
Registrant's address: 41 South High Street , Columbus , Ohio 43287
Registrant’s telephone number, including area code: (614 ) 480-2265
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
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| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
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Securities registered pursuant to Section 12(b) of the Act:
| Title of class | Trading Symbol(s) | Name of exchange on which registered | ||||||
| Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§24012b-2). | |||||||||||||||||
| Emerging growth company | |||||||||||||||||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ | |||||||||||||||||
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 23, 2022, Huntington Bancshares Incorporated (“Huntington” or the “Company”) and Thomas C. Shafer agreed that Mr. Shafer will retire from the Company effective December 31, 2022. Mr. Shafer will step down from his role as the Company’s Senior Executive Vice President and Co-President, Commercial Bank, effective June 30, 2022, and will continue to serve as Senior Executive Vice President in a senior advisory capacity for the Company from July 1, 2022 through the end of the Company’s fiscal year. As of July 1, 2022, Scott Kleinman will be President, Commercial Bank. Upon his retirement on December 31, 2022, Mr. Shafer will be eligible to receive the preexisting benefits applicable to him under his Retention Letter with Huntington, dated as of February 1, 2021, and vesting of his equity and equity-based awards in accordance with their terms. Mr. Shafer will also remain eligible to receive a 2022 bonus under the Company’s Management Incentive Plan, based on the achievement of the applicable corporate and individual performance goals, in each case as determined by the Compensation Committee of Huntington’s Board of Directors in the ordinary course.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| HUNTINGTON BANCSHARES INCORPORATED | |||||||||||||||||
| Date: | May 26, 2022 | By: | /s/ Jana J. Litsey | ||||||||||||||
Jana J. Litsey | |||||||||||||||||
| General Counsel | |||||||||||||||||