Huntington Bancshares Registers Preferred & Common Stock on Feb 2
Ticker: HBANP · Form: 8-K · Filed: Feb 2, 2024 · CIK: 49196
| Field | Detail |
|---|---|
| Company | Huntington Bancshares Inc /Md/ (HBANP) |
| Form Type | 8-K |
| Filed Date | Feb 2, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $1,250,000,000 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: regulatory-filing, compliance, securities-registration
TL;DR
**Huntington Bancshares just did a routine SEC filing to register all its stock classes, nothing major.**
AI Summary
Huntington Bancshares Incorporated filed an 8-K on February 2, 2024, to register additional securities under Section 12(b) of the Securities Exchange Act of 1934. This includes their Series H Preferred Stock, Series I Preferred Stock, Series J Preferred Stock, and Common Stock. This matters to investors because it indicates the company is ensuring all its publicly traded stock classes are properly registered, which is a standard compliance procedure and doesn't signal any immediate change in company operations or financial health.
Why It Matters
This filing is a routine compliance update, ensuring all classes of Huntington Bancshares' stock are properly registered for trading on a national exchange. It provides transparency and confirms the company's adherence to SEC regulations.
Risk Assessment
Risk Level: low — This 8-K filing is a standard regulatory compliance update and does not introduce new financial risks or operational changes.
Analyst Insight
A smart investor would recognize this as a routine compliance filing, not indicative of any immediate operational or financial changes. No specific action is warranted based solely on this filing, but it confirms the company's adherence to regulatory requirements.
Key Players & Entities
- Huntington Bancshares Incorporated (company) — the registrant filing the 8-K
- Series H Preferred Stock (other) — a class of securities being registered
- Series I Preferred Stock (other) — a class of securities being registered
- Series J Preferred Stock (other) — a class of securities being registered
- Common Stock (other) — a class of securities being registered
- February 2, 2024 (date) — date of earliest event reported and filing date
Forward-Looking Statements
- Huntington Bancshares will continue to maintain compliance with SEC regulations for its listed securities. (Huntington Bancshares Incorporated) — high confidence, target: 2025-02-02
FAQ
What is the purpose of this 8-K filing by Huntington Bancshares Incorporated?
The purpose of this 8-K filing is to register various classes of securities, specifically Series H Preferred Stock, Series I Preferred Stock, Series J Preferred Stock, and Common Stock, pursuant to Section 12(b) of the Securities Exchange Act of 1934, as reported on February 2, 2024.
What specific types of securities are mentioned in this filing?
The filing explicitly mentions the registration of us-gaap:SeriesHPreferredStockMember, hban:SeriesIPreferredStockMember, hban:SeriesJPreferredStockMember, and us-gaap:CommonStockMember.
When was the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing was February 2, 2024.
What is Huntington Bancshares Incorporated's Commission File Number?
Huntington Bancshares Incorporated's Commission File Number is 1-34073, as stated in the filing.
Where is Huntington Bancshares Incorporated's business address?
Huntington Bancshares Incorporated's business address is 41 South High Street, Columbus, Ohio 43287.
Filing Stats: 879 words · 4 min read · ~3 pages · Grade level 10.3 · Accepted 2024-02-02 17:00:40
Key Financial Figures
- $0.01 — HBANL NASDAQ Common Stock-Par Value $0.01 per Share HBAN NASDAQ Indicate by
- $1,250,000,000 — porated (the "Company") issued and sold $1,250,000,000 aggregate principal amount of its 5.709
Filing Documents
- d766072d8k.htm (8-K) — 34KB
- d766072dex42.htm (EX-4.2) — 176KB
- d766072dex51.htm (EX-5.1) — 13KB
- d766072dex52.htm (EX-5.2) — 9KB
- g766072g0201055214321.jpg (GRAPHIC) — 4KB
- g766072g0816085332939.jpg (GRAPHIC) — 2KB
- g766072g69f03.jpg (GRAPHIC) — 3KB
- 0001193125-24-022916.txt ( ) — 464KB
- hban-20240202.xsd (EX-101.SCH) — 4KB
- hban-20240202_def.xml (EX-101.DEF) — 14KB
- hban-20240202_lab.xml (EX-101.LAB) — 23KB
- hban-20240202_pre.xml (EX-101.PRE) — 15KB
- d766072d8k_htm.xml (XML) — 8KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 4.1 Fifth Supplemental Indenture, dated August 21, 2023, between Huntington Bancshares Incorporated and The Bank of New York Mellon Trust Company, N.A., as trustee (incorporated herein by reference to Exhibit 4.1 to Huntington Bancshares Incorporated's Current Report on Form 8-K filed on August 21, 2023) 4.2 Seventh Supplemental Indenture, dated February 2, 2024, between Huntington Bancshares Incorporated and The Bank of New York Mellon Trust Company, N.A., as trustee 4.3 Form of 5.709% Fixed-to-Floating Rate Senior Notes due 2035 (included in exhibit 4.2) 5.1 Opinion of Venable LLP 5.2 Opinion of Wachtell, Lipton, Rosen & Katz 23.1 Consent of Venable LLP (included in Exhibit 5.1) 23.2 Consent of Wachtell, Lipton, Rosen & Katz (included in Exhibit 5.2) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). -2- 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: February 2, 2024 By: /s/ Marcy Hingst Marcy Hingst General Counsel -3-