Stock awards and tax withholding for Fifth Third Bancorp (FITB) EVP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fifth Third Bancorp EVP Nancy C. Pinckney reported equity compensation awards and related tax withholding. She acquired 8,697 restricted stock units and 18,425 performance share-related common shares on a grant/award basis at no cash cost under the company’s incentive compensation plan.
The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date, while the performance share award is subject to vesting on February 18, 2026. To cover taxes upon vesting of performance shares, 8,089 shares were withheld at a price of $52.86 per share. Following these transactions, she directly holds 98,294.709 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Pinckney Nancy C.
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,697 | $0.00 | -- |
| Grant/Award | Common Stock | 18,425 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,089 | $52.86 | $428K |
Holdings After Transaction:
Common Stock — 87,958.709 shares (Direct)
Footnotes (1)
- 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. Granted pursuant to Fifth Third Bancorp Incentive Compensation Plan. No consideration paid. Performance Share award received upon satisfaction of performance criteria subject to vesting on February 18, 2026. Shares withheld for taxes upon the vesting of performance shares granted to the reporting person.
FAQ
What did Fifth Third Bancorp EVP Nancy C. Pinckney report in this Form 4 for FITB?
Nancy C. Pinckney reported equity awards and related tax withholding. She received two grants of common stock tied to restricted stock units and performance shares, and had shares withheld to satisfy tax obligations when performance shares vested, all under Fifth Third Bancorp’s incentive compensation plan.
What are the vesting terms of Nancy C. Pinckney’s new Fifth Third Bancorp awards?
The awards have distinct vesting schedules. Restricted stock units granted under the incentive plan vest in three equal annual installments beginning on the first anniversary of the grant date, while the performance share award is subject to vesting on February 18, 2026, after performance criteria were satisfied.