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SHARE-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Share based compensation expense and related tax benefit
The following table presents total share-based compensation expense and related tax benefit.
Year Ended December 31,
(dollar amounts in millions)202220212020
Share-based compensation expense (1)$119 $138 $77 
Tax benefit20 22 13 
(1)Compensation costs are included in personnel costs on the Consolidated Statements of Income.
Stock option activity and related information
Huntington’s stock option activity and related information was as follows:
(dollar amounts in millions, except per share and options amounts in thousands)Options Weighted-
Average
Exercise Price
Weighted-Average
Remaining
Contractual Life (Years)
Aggregate
Intrinsic Value
Outstanding at January 1, 202214,466 $12.34 
Granted74 15.54 
Exercised(912)10.08 
Forfeited/expired(170)13.20 
Outstanding at December 31, 202213,458 $12.50 6.0$28 
Expected to vest (1)4,076 $12.09 7.5$11 
Exercisable at December 31, 20229,336 $12.68 5.3$17 
(1)The number of options expected to vest reflect an estimate of 46,000 shares expected to be forfeited.
Schedule of restricted stock, restricted stock units, and performance shares
The following table summarizes the status of Huntington’s restricted stock awards, restricted stock units, and performance share units as of December 31, 2022, and activity for the year ended December 31, 2022:
Restricted Stock AwardsRestricted Stock UnitsPerformance Share Units
(amounts in thousands, except per share amounts)Quantity
Weighted-
Average
Grant Date
Fair Value
Per Share
Quantity
Weighted-
Average
Grant Date
Fair Value
Per Share
Quantity
Weighted-
Average
Grant Date
Fair Value
Per Share
Nonvested at January 1, 2022356 $14.46 19,098 $12.85 3,126 $12.06 
Granted— — 12,592 13.37 1,743 14.39 
Vested(212)14.72 (5,848)14.31 (1,342)13.72 
Forfeited(20)14.39 (1,621)12.69 (58)13.50 
Nonvested at December 31, 2022124 $14.37 24,221 $12.70 3,469 $12.40