Fifth Third EVP granted 6,765 stock units
Chayt Bridgit reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Chayt Bridgit reported acquisition or exercise transactions in this Form 4 filing.
Fifth Third Bancorp executive Bridgit Chayt received an equity award of 6,765 restricted stock units under the company’s incentive compensation plan. The award was granted at no cost to her and represents common stock of Fifth Third Bancorp.
The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date, tying compensation to continued service and future company performance. Following this grant, Chayt directly owns or controls 54,326 shares of Fifth Third Bancorp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,765 | $0.00 | $0.00 |
Footnotes (2)
- 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.
FAQ
What did Fifth Third Bancorp (FITB) executive Bridgit Chayt report on this Form 4?
Were any payments made by Bridgit Chayt for the 6,765 FITB restricted stock units?
How do the 6,765 restricted stock units granted to Bridgit Chayt vest at Fifth Third Bancorp (FITB)?
AI-generated analysis. How Rhea-AI works. Not financial advice.