FB Financial (NYSE: FBK) CFO & COO has 1,938 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FB Financial Corp CFO & COO Michael M. Mettee reported a tax-related share disposition tied to equity compensation. On April 1, 2026, the issuer withheld 1,938 shares of common stock at $52.63 per share to cover taxes on vested restricted stock units. After this non‑market transaction, Mettee held 49,721 common shares directly and 1,406.8038 shares indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Mettee Michael M.
Role
CFO & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,938 | $52.63 | $102K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 49,721 shares (Direct);
Common Stock — 1,406.804 shares (Indirect, By 401(k) Plan)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 1,938 shares
Tax withholding price: $52.63 per share
Direct holdings after transaction: 49,721 shares
+1 more
4 metrics
Shares withheld for taxes
1,938 shares
Tax-withholding disposition on April 1, 2026
Tax withholding price
$52.63 per share
Value used for 1,938 withheld common shares
Direct holdings after transaction
49,721 shares
Common stock directly owned by Mettee after April 1, 2026
Indirect 401(k) holdings
1,406.8038 shares
Common stock held indirectly via 401(k) plan
Key Terms
restricted stock units, withheld 1,938 shares for tax purposes, tax-withholding disposition, 401(k) Plan
4 terms
restricted stock units financial
"the issuer granted restricted stock units to the reporting person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
401(k) Plan financial
"nature_of_ownership": "By 401(k) Plan""
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What did FBK executive Michael M. Mettee report in this Form 4?
Michael M. Mettee reported a tax-withholding disposition of FB Financial Corp common stock. The company withheld 1,938 shares to satisfy taxes on vested restricted stock units, a routine compensation-related event rather than an open-market stock sale.
Was this FBK Form 4 an open-market sale by the CFO & COO?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld by the issuer to cover taxes on vested restricted stock units granted earlier, making this a routine compensation and tax event for Michael M. Mettee.