Fifth Third EVP gets stock awards, tax withholding
Fifth Third Bancorp executive reports stock awards and tax withholding.
Rhea-AI Filing Summary
Fifth Third Bancorp executive reports stock awards and tax withholding. EVP and Chief Risk Officer Robert P. Shaffer received two grants of common stock on February 18, 2026, totaling 19,328 and 23,844 shares, as awards under the Fifth Third Bancorp Incentive Compensation Plan with no cash paid. Some of these awards are restricted stock units that vest in three equal annual installments beginning one year after grant, and a performance share award that vests on February 18, 2026. On the same date, 10,468 shares were withheld at $52.86 per share to cover taxes upon the vesting of performance shares. After these transactions, Shaffer directly holds 228,931 shares of Fifth Third common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,328 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 23,844 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 10,468 | $52.86 | $553K |
Footnotes (4)
- F1. 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.
- F2. Granted pursuant to Fifth Third Bancorp Incentive Compensation Plan. No consideration paid.
- F3. Performance Share award received upon satisfaction of criteria subject to vesting on February 18, 2026.
- F4. Shares withheld for taxes upon the vesting of performance shares granted to the reporting person.
FAQ
What insider transactions did Fifth Third Bancorp (FITB) report for Robert P. Shaffer?
What vesting schedule applies to Robert P. Shaffer’s new FITB restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.