Fifth Third (FITB) EVP withholds stock to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIFTH THIRD BANCORP executive vice president Melissa S. Stevens reported two tax-related share dispositions of common stock. On February 14, 2026, 790 shares and 682 shares were withheld at $52.86 per share to cover taxes upon vesting of restricted stock units granted on February 14, 2023 and February 14, 2024. After these withholdings, she directly owned 63,094 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Stevens Melissa S.
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 790 | $52.86 | $42K |
| Tax Withholding | Common Stock | 682 | $52.86 | $36K |
Holdings After Transaction:
Common Stock — 63,776 shares (Direct)
Footnotes (1)
- Shares withheld for taxes upon the vesting of restricted stock units granted to the reporting person on February 14, 2023. Shares withheld for taxes upon the vesting of restricted stock units granted to the reporting person on February 14, 2024.
FAQ
What did FITB executive Melissa S. Stevens report in this Form 4?
Melissa S. Stevens reported tax-related share dispositions of Fifth Third Bancorp common stock. Shares were withheld to cover taxes upon vesting of restricted stock units granted in 2023 and 2024, rather than sold in open-market transactions.
Were the FITB transactions open-market sales by Melissa S. Stevens?
No, the transactions were not open-market sales. They were coded as tax-withholding dispositions, meaning shares were surrendered to cover tax liabilities when restricted stock units vested, rather than being sold to other investors on the open market.
Which restricted stock unit grants triggered the FITB tax withholdings?
The tax withholdings were triggered by vesting of restricted stock units granted on February 14, 2023 and February 14, 2024. Each grant’s vesting led to a separate share withholding transaction to satisfy the associated tax obligations for the executive.