Fifth Third EVP Sefzik receives shares in CMA merger
Fifth Third Bancorp executive Peter L. Sefzik reported new share ownership following a merger and equity grant.
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Rhea-AI Filing Summary
Fifth Third Bancorp executive Peter L. Sefzik reported new share ownership following a merger and equity grant. On February 2, 2026, he received 190,133 shares of Fifth Third common stock in exchange for 101,877 Comerica Incorporated shares under the merger terms, using a 1.8663 exchange ratio plus cash for any fractional shares.
On the same date, he was granted 19,249 restricted stock units under the Fifth Third Bancorp Incentive Compensation Plan, which are scheduled to vest on February 2, 2029 and required no cash consideration. After these transactions, Sefzik directly owned 209,382 Fifth Third common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 190,133 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 19,249 | $0.00 | $0.00 |
Footnotes (3)
- F1. Received in exchange for 101,877 shares of Comerica Incorporated ("CMA") in connection with the merger of CMA and a wholly owned subsidiary of CMA with and into a wholly owned subsidiary of Fifth Third Bancorp ("FITB"). Pursuant to the merger agreement by and among FITB, CMA and the other parties thereto, holders of CMA common stock had the right to receive, for each share of CMA common stock held immediately prior to the effective time of the merger, 1.8663 shares of common stock of FITB and cash in lieu of any fractional shares, at such price in accordance with the terms of the merger agreement.
- F2. Restricted stock units granted pursuant to Fifth Third Bancorp Incentive Compensation Plan subject to vesting on February 2, 2029.
- F3. Granted pursuant to Fifth Third Bancorp Incentive Compensation Plan. No consideration paid.
FAQ
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What insider transaction did Fifth Third Bancorp (FITB) report for EVP Peter L. Sefzik?
What equity award did Fifth Third Bancorp (FITB) grant to EVP Peter L. Sefzik?
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