Fifth Third EVP sells 14,896 shares
Fifth Third Bancorp executive Jude Schramm reported a net sale of 14,896 common shares of FITB.
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Rhea-AI Filing Summary
Fifth Third Bancorp executive Jude Schramm reported a net sale of 14,896 common shares of FITB. On February 23, he exercised 14,228 stock appreciation rights at $26.72 per share into the same number of common shares, then disposed of 10,332 shares at $50.71 to cover tax obligations.
He also completed several open-market sales of common stock on February 23–24 totaling 14,896 shares at prices around $50.55–$50.99. After these transactions, he directly owned 141,460 common shares of Fifth Third Bancorp.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 395 | $50.55 | $20K |
| Sale | Common Stock | 3,501 | $50.5408 | $177K |
| Exercise | Stock Appreciation Rights | 14,228 | $0.00 | $0.00 |
| Exercise | Common Stock | 14,228 | $26.72 | $380K |
| Exercise Price or Tax Liability | Common Stock | 10,332 | $50.71 | $524K |
| Sale | Common Stock | 16 | $50.99 | $815.84 |
| Sale | Common Stock | 547 | $50.98 | $28K |
| Sale | Common Stock | 3,267 | $50.97 | $167K |
| Sale | Common Stock | 7,170 | $50.96 | $365K |
Footnotes (2)
- 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.
- F2. Granted pursuant to Fifth Third Bancorp Incentive Compensation Plan. No consideration paid.
FAQ
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