Fifth Third Bancorp EVP withholds shares for taxes
Fifth Third Bancorp executive vice president Kevin J. Khanna reported a tax-related share disposition tied to restricted stock vesting.
Rhea-AI Filing Summary
Fifth Third Bancorp executive vice president Kevin J. Khanna reported a tax-related share disposition tied to restricted stock vesting. On February 19, 2026, 2,231 shares of common stock were withheld at $52.90 per share to satisfy tax obligations upon vesting of restricted stock units granted on February 19, 2025.
After this tax-withholding disposition, Khanna directly holds 82,299 shares of Fifth Third Bancorp common stock. This transaction reflects administrative tax settlement rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 2,231 shares
Exercise Price or Tax Liability
1 txn
Insider
Khanna Kevin J
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,231 | $52.90 | $118K |
Holdings After Transaction:
Common Stock — 82,299 shares (Direct)
Footnotes (1)
- F1. Shares withheld for taxes upon the vesting of restricted stock units granted to the reporting person on February 19, 2025.
FAQ
What insider transaction did Fifth Third Bancorp (FITB) report for Kevin J. Khanna?
Fifth Third Bancorp reported that EVP Kevin J. Khanna had 2,231 common shares withheld to cover taxes upon restricted stock unit vesting. This administrative disposition was reported as a Form 4 transaction dated February 19, 2026, rather than an open-market trade.
Does the Fifth Third Bancorp (FITB) Form 4 indicate an open-market sale by the EVP?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to satisfy taxes due when restricted stock units granted on February 19, 2025 vested a year later, on February 19, 2026.
What does transaction code F mean in the Fifth Third Bancorp (FITB) Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, shares were withheld to cover taxes due on restricted stock units vesting for Kevin J. Khanna, rather than conventional share selling in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.