FITB COO reports tax-related share withholding
FIFTH THIRD BANCORP EVP & COO James C. Leonard reported a routine tax-related share disposition.
Rhea-AI Filing Summary
FIFTH THIRD BANCORP EVP & COO James C. Leonard reported a routine tax-related share disposition. On February 19, 3,366 shares of common stock were withheld at $52.90 per share to cover taxes upon vesting of restricted stock units. After this withholding, he directly holds 288,017 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 3,366 shares
Exercise Price or Tax Liability
1 txn
Insider
Leonard James C.
Role
EVP & Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,366 | $52.90 | $178K |
Holdings After Transaction:
Common Stock — 288,017 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 James C. Leonard?
FIFTH THIRD BANCORP reported that EVP & Chief Operating Officer James C. Leonard had 3,366 common shares withheld to satisfy taxes upon vesting of restricted stock units. This was a non-market, tax-withholding disposition classified under transaction code F.
What does transaction code F mean in the FITB Form 4 filing?
Transaction code F in the FITB Form 4 indicates payment of an exercise price or tax liability by delivering securities. Here, it shows 3,366 shares were withheld to satisfy taxes when restricted stock units granted on February 19, 2025, vested.
What role does James C. Leonard hold at FIFTH THIRD BANCORP?
James C. Leonard serves as Executive Vice President and Chief Operating Officer at FIFTH THIRD BANCORP. His Form 4 filing reflects a tax-withholding disposition of 3,366 shares connected to the vesting of his restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.