Fifth Third Bancorp COO exercises 31,639 SARs
Fifth Third Bancorp EVP & Chief Operating Officer James C. Leonard reported exercising stock appreciation rights into 31,639 shares of common stock on July 20, 2026, at exercise prices between $26.52 and $33.17 per share.
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Form Type
4
Rhea-AI Filing Summary
Fifth Third Bancorp EVP & Chief Operating Officer James C. Leonard reported exercising stock appreciation rights into 31,639 shares of common stock on July 20, 2026, at exercise prices between $26.52 and $33.17 per share. To satisfy obligations, 22,400 shares were disposed of through tax-withholding transactions at $57.40 per share.
Insider Trade Summary
31,639 shares exercised/converted
Exercise
12 txns
Insider
Leonard James C.
Role
EVP & Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Rights F1 | 8,772 | $0.00 | $0.00 |
| Exercise | Stock Appreciation Rights F1 | 4,965 | $0.00 | $0.00 |
| Exercise | Stock Appreciation Rights F1 | 9,654 | $0.00 | $0.00 |
| Exercise | Stock Appreciation Right F1 | 8,248 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,772 | $26.52 | $233K |
| Exercise Price or Tax Liability | Common Stock | 6,041 | $57.40 | $347K |
| Exercise | Common Stock | 4,965 | $33.17 | $165K |
| Exercise Price or Tax Liability | Common Stock | 3,753 | $57.40 | $215K |
| Exercise | Common Stock | 9,654 | $26.72 | $258K |
| Exercise Price or Tax Liability | Common Stock | 6,667 | $57.40 | $383K |
| Exercise | Common Stock | 8,248 | $29.64 | $244K |
| Exercise Price or Tax Liability | Common Stock | 5,939 | $57.40 | $341K |
Holdings After Transaction:
Stock Appreciation Rights — 0 contracts (Direct);
Stock Appreciation Right — 0 contracts (Direct);
Common Stock — 297,256 shares (Direct)
Footnotes (1)
- F1. Indicates grant date. Stock appreciation rights are exercisable in thirds beginning on the first anniversary of the grant date with one-third of the total grant vesting annually over a three-year period.
Key Figures
Stock appreciation rights exercised: 31,639 shares
Tax-withholding shares disposed: 22,400 shares
Exercise price: 26.5200 $/share
+5 more
8 metrics
Stock appreciation rights exercised
31,639 shares
Total derivative exerciseShares reported for 2026-07-20
Tax-withholding shares disposed
22,400 shares
Total F-code taxWithholdingShares on 2026-07-20
Exercise price
26.5200 $/share
Conversion or exercise price for 8,772 SARs granted 2017-02-03
Exercise price
33.1700 $/share
Conversion or exercise price for 4,965 SARs granted 2018-01-29
Exercise price
26.7200 $/share
Conversion or exercise price for 9,654 SARs granted 2019-02-06
Exercise price
29.6400 $/share
Conversion or exercise price for 8,248 SARs granted 2020-02-12
Tax-withholding price
57.4000 $/share
Per-share value used for Common Stock F-code dispositions
Number of tax-withholding transactions
4
Count of non-derivative transactions coded F on 2026-07-20
Key Terms
Stock Appreciation Rights, tax-withholding disposition, derivative security, grant date
4 terms
Stock Appreciation Rights financial
"security_title: Stock Appreciation Rights"
Stock appreciation rights (SARs) are a form of employee compensation that give the holder the right to receive the increase in a company's stock price over a set baseline, paid in cash or shares, without having to buy the stock. For investors, SARs matter because they can create future cash outflows or share dilution and signal how a company rewards and motivates executives — similar to giving a bonus tied directly to how well the company’s stock performs.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
grant date financial
"Indicates grant date. Stock appreciation rights are exercisable"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Fifth Third Bancorp (FITB) report for James C. Leonard?
James C. Leonard exercised stock appreciation rights into 31,639 Fifth Third Bancorp shares. The transactions occurred on July 20, 2026, converting derivatives into common stock and pairing them with related tax-withholding share dispositions reported in the same Form 4 filing.
How many stock appreciation rights did the FITB executive exercise in this Form 4?
The executive exercised 31,639 stock appreciation rights into common shares. These came from four grants with exercise prices of $26.52, $33.17, $26.72, and $29.64 per share, each originally granted between 2017 and 2020 and vesting over a three-year period.
What prices were associated with the exercised FITB stock appreciation rights?
The stock appreciation rights had exercise prices of $26.52, $33.17, $26.72, and $29.64 per share. Each grant converted into an equal number of common shares when exercised on July 20, 2026, as reflected in the non-derivative acquisition entries.
What does the footnote in the FITB Form 4 say about the stock appreciation rights?
The footnote explains the grants’ vesting schedule. It states that the grant date is indicated and that stock appreciation rights are exercisable in thirds, with one-third of the total grant vesting annually over a three-year period beginning on the first anniversary of the grant date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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