---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-046769"
form_type: "8-K"
ticker: "HBAN"
cik: "0000049196"
company_name: "HUNTINGTON BANCSHARES INC /MD/"
filed_at: "2025-12-29T23:59:59+00:00"
generated_at: "2026-05-16T12:11:06.673066+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Huntington discloses shareholder lawsuits challenging Cadence merger; provides supplemental proxy disclosures

## Summary
- Two lawsuits filed (Dec 10-11, 2025) and demand letters received claiming proxy statement deficiencies regarding the Cadence merger.
- Huntington and Cadence deny allegations but are supplementing the proxy to avoid delay; no admission of liability.
- Supplemental disclosures include post-merger service terms for Cadence CEO Rollins and KBW valuation multiples.
- KBW fee estimated at ~$42M (0.55% of consideration); $4M payable upon opinion, balance contingent on closing.
- Special stockholder meetings set for January 6, 2026 to vote on the merger.

## SEC filing metadata
- accession: 0001140361-25-046769
- form_type: 8-K
- ticker: HBAN
- cik: 0000049196
- company_name: HUNTINGTON BANCSHARES INC /MD/
- filed_at: 2025-12-29T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/49196/000114036125046769/0001140361-25-046769-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49196/000114036125046769/ef20062000_form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-046769
- JSON: https://secwatch.observer/filing/0001140361-25-046769.json
- Plain text: https://secwatch.observer/filing/0001140361-25-046769.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.