Fifth Third director Smith reports share awards
Fifth Third Bancorp director Barbara Smith reported new share ownership tied to a merger and equity award.
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Rhea-AI Filing Summary
Fifth Third Bancorp director Barbara Smith reported new share ownership tied to a merger and equity award. She acquired 39,886 shares of Fifth Third common stock on 02/02/2026 in exchange for 21,372 shares of Comerica Incorporated, based on a 1.8663-to-1 merger exchange ratio. She also received 612 restricted stock units under the Fifth Third Bancorp Incentive Compensation Plan at a stated price of $0, which vest when her service on the Board of Directors ends. After these transactions, she directly holds 40,498 Fifth Third common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 39,886 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 612 | $0.00 | $0.00 |
Footnotes (3)
- F1. Received in exchange for 21,372 shares of Comerica Incorporated ("CMA") in connection with the merger of CMA and a wholly owned subsidiary of CMA with and into a wholly owned subsidiary of Fifth Third Bancorp ("FITB"). Pursuant to the merger agreement by and among FITB, CMA and the other parties thereto, holders of CMA common stock had the right to receive, for each share of CMA common stock held immediately prior to the effective time of the merger, 1.8663 shares of common stock of FITB and cash in lieu of any fractional shares, at such price in accordance with the terms of the merger agreement.
- F2. 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.
- F3. Granted pursuant to Fifth Third Bancorp Incentive Compensation Plan. No consideration paid.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Fifth Third (FITB) director Barbara Smith report in this Form 4?
What are the terms of the 612 restricted stock units reported for FITB?
Was cash paid for Barbara Smith’s new Fifth Third (FITB) equity awards?
AI-generated analysis. How Rhea-AI works. Not financial advice.