Evan Bayh receives 2,838 RSUs in Fifth Third (FITB)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bayh Evan reported acquisition or exercise transactions in this Form 4 filing.
Fifth Third Bancorp director Evan Bayh received an equity award of the company’s common stock. On this Form 4, he was granted 2,838 restricted stock units under the Fifth Third Bancorp Incentive Compensation Plan, with no cash consideration paid for the award.
The restricted stock units are subject to vesting when his service on the company’s Board of Directors ends. Following this grant, Bayh’s direct ownership in Fifth Third Bancorp common stock is reported at 87,780 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bayh Evan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,838 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 87,780 shares (Direct, null)
Footnotes (1)
- 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. Granted pursuant to Fifth Third Bancorp Incentive Compensation Plan. No consideration paid.
Key Figures
RSUs granted: 2,838 restricted stock units
Shares held after grant: 87,780 shares
Grant price: $0.0000 per share
+1 more
4 metrics
RSUs granted
2,838 restricted stock units
Equity award on 2026-04-21
Shares held after grant
87,780 shares
Direct ownership following reported transaction
Grant price
$0.0000 per share
No cash consideration paid for RSU award
Transaction date
2026-04-21
Date of RSU grant reported on Form 4
Key Terms
Restricted stock units, Incentive Compensation Plan, Common Stock, Board of Directors
4 terms
Restricted stock units financial
"Restricted stock units granted pursuant to Fifth Third Bancorp Incentive Compensation Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Incentive Compensation Plan financial
"Granted pursuant to Fifth Third Bancorp Incentive Compensation Plan"
An incentive compensation plan is a formal program that rewards employees and executives with bonuses, stock, or other payments tied to specific performance goals—such as revenue, profit, productivity, or long‑term share price. Investors watch these plans because they shape how leaders make decisions and take risks; like paying a coach by wins rather than effort, well‑designed plans can drive sustainable growth while poor designs can encourage short‑term behaviors that harm shareholder value.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Board of Directors financial
"subject to vesting upon cessation of the reporting person's service on the Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What did Fifth Third Bancorp (FITB) report in Evan Bayh’s latest Form 4?
Fifth Third Bancorp reported that director Evan Bayh received 2,838 restricted stock units of common stock as an equity award. The grant was made under the Fifth Third Bancorp Incentive Compensation Plan and required no cash payment from Bayh for the shares awarded.
What type of security was granted to Evan Bayh by Fifth Third Bancorp (FITB)?
Evan Bayh was granted restricted stock units tied to Fifth Third Bancorp common stock. These units were issued under the company’s Incentive Compensation Plan and represent an equity-based compensation award, rather than an open-market stock purchase, according to the Form 4 filing and related footnotes.
What are the vesting conditions for Evan Bayh’s restricted stock units at Fifth Third (FITB)?
The restricted stock units granted to Evan Bayh vest when his service on Fifth Third Bancorp’s Board of Directors ends. This means the award is tied to his board tenure, as described in the Form 4 footnote referencing the company’s Incentive Compensation Plan.
Did Evan Bayh pay cash for his Fifth Third Bancorp (FITB) restricted stock units?
No cash was paid by Evan Bayh for this equity grant. The Form 4 footnotes specify that the restricted stock units were granted under the Fifth Third Bancorp Incentive Compensation Plan with no consideration paid, indicating they are a compensation award rather than a purchased investment.