Fifth Third director Van de Ven reports share grants
Fifth Third Bancorp director Michael G. Van de Ven reported new share holdings following a merger-related exchange and equity awards.
Rhea-AI Filing Summary
Fifth Third Bancorp director Michael G. Van de Ven reported new share holdings following a merger-related exchange and equity awards. On 02/02/2026, he acquired 38,029 shares of Fifth Third common stock in exchange for Comerica Incorporated shares under the companies' merger agreement.
He also received 612 restricted stock units under the Fifth Third Bancorp Incentive Compensation Plan, granted with no cash consideration and subject to vesting when his service on the Board ends. In addition, 9,331 Fifth Third shares are held indirectly through the Van de Ven 2008 Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 38,029 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 612 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 9,331 | $0.00 | $0.00 |
Footnotes (4)
- F1. Received in exchange for 20,377 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 upon cessation of the reporting person's service on the Board of Directors of the Issuer.
- F3. Granted pursuant to Fifth Third Bancorp Incentive Compensation Plan. No consideration paid.
- F4. Received in exchange for 5,000 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.
FAQ
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What insider transaction did Michael G. Van de Ven report at Fifth Third (FITB)?
What equity awards did Michael G. Van de Ven receive from Fifth Third (FITB)?
Did Michael G. Van de Ven pay cash for the new Fifth Third (FITB) equity awards?
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