Fifth Third CFO receives new stock awards, tax withholding
FIFTH THIRD BANCORP Chief Financial Officer Bryan D. Preston reported equity compensation transactions in company common stock.
Rhea-AI Filing Summary
FIFTH THIRD BANCORP Chief Financial Officer Bryan D. Preston reported equity compensation transactions in company common stock. He acquired 20,133 shares and 9,755 shares on a grant basis at $0.00 per share under the Fifth Third Bancorp Incentive Compensation Plan.
The 20,133-share award consists of Restricted Stock Units that vest in three equal annual installments beginning on the first anniversary of the grant date. The 9,755-share performance award was received upon satisfaction of performance criteria and is subject to vesting on February 18, 2026.
To cover taxes upon vesting of performance shares, 4,283 shares were withheld at $52.86 per share as a tax-withholding disposition. Following these transactions, Preston directly owned 101,291.3081 shares of Fifth Third Bancorp common stock.
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- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,133 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 9,755 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,283 | $52.86 | $226K |
Footnotes (4)
- F1. Restricted Stock Units granted pursuant to Fifth Third Bancorp Incentive Compensation Plan subject to vesting in three equal annual installments beginning on the first anniversary of the grant date.
- F2. Granted pursuant to Fifth Third Bancorp Incentive Compensation Plan. No consideration paid.
- F3. Performance Share award received upon satisfaction of performance criteria subject to vesting on February 18, 2026.
- F4. Shares withheld for taxes upon the vesting of performance shares granted to the reporting person.
FAQ
What equity awards did FIFTH THIRD BANCORP (FITB) CFO Bryan D. Preston receive?
How do the new Restricted Stock Units for FIFTH THIRD BANCORP CFO vest?
Did FIFTH THIRD BANCORP CFO Bryan D. Preston pay cash for the new stock awards?
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