Director James D. Rollins III Purchases $254K in Huntington Bancshares Preferred Shares

Insider Transaction Overview

On October 26, 2026, James D. Rollins III, a Director of Huntington Bancshares Inc ($HBAN), executed two open-market purchase transactions totaling $253,720 in the company's preferred depositary shares:

1. Series H Depositary Shares (4.50% Non-Cumulative Perpetual Preferred Stock):

   • Shares Acquired: 4,000
   • Price Per Share: $14.8550
   • Total Value: $59,420
   • Post-Transaction Direct Ownership: 15,500 shares (in addition to 12,000 shares held indirectly via an LLC)

2. Series I Depositary Shares (5.70% Non-Cumulative Perpetual Preferred Stock):

   • Shares Acquired: 10,000
   • Price Per Share: $19.4300 (weighted average ranging from $19.30 to $19.45)
   • Total Value: $194,300
   • Post-Transaction Direct Ownership: 10,000 shares

Significance Assessment

• Trading Significance: Low
• Rationale: While open-market purchases reflect personal capital deployment, these purchases are concentrated in fixed-income preferred depositary shares rather than common equity ($HBAN). Such transactions typically indicate income/yield preferences rather than a direct speculative or conviction bet on common share price appreciation.