Director Barbara Smith adds 40,498 Fifth Third (FITB) shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Smith Barbara
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 39,886 | $0.00 | -- |
| Grant/Award | Common Stock | 612 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 39,886 shares (Direct)
Footnotes (1)
- 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. 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.
FAQ
What did Fifth Third (FITB) director Barbara Smith report in this Form 4?
Barbara Smith reported acquiring 39,886 Fifth Third common shares via a merger exchange and receiving 612 restricted stock units under the company’s incentive plan, bringing her direct holdings to 40,498 shares following the 02/02/2026 transactions.
What are the terms of the 612 restricted stock units reported for FITB?
The 612 restricted stock units were granted under the Fifth Third Bancorp Incentive Compensation Plan with no consideration paid. These units are scheduled to vest when Barbara Smith’s service on Fifth Third’s Board of Directors ceases, aligning the award with her board tenure.
Was cash paid for Barbara Smith’s new Fifth Third (FITB) equity awards?
No cash consideration was paid for the 612 restricted stock units granted to Barbara Smith. The filing states they were granted under the Fifth Third Bancorp Incentive Compensation Plan with no consideration, making them a compensatory equity award rather than a purchase.