Fifth Third EVP exercises rights, withholds shares
Fifth Third Bancorp EVP Kala Gibson exercised stock appreciation rights covering 7,018 shares of common stock at an exercise price of $26.52 per share from a grant dated February 3, 2017 that vested over four years.
Rhea-AI Filing Summary
Fifth Third Bancorp EVP Kala Gibson exercised stock appreciation rights covering 7,018 shares of common stock at an exercise price of $26.52 per share from a grant dated February 3, 2017 that vested over four years. In connection with the exercise, 4,821 shares of common stock were delivered or withheld at $57.77 per share to satisfy exercise-price or tax obligations, and the reported stock appreciation rights position for this grant is now zero.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,018 shares exercised/converted
Exercise
3 txns
Insider
Gibson Kala
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Rights F1 | 7,018 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,018 | $26.52 | $186K |
| Exercise Price or Tax Liability | Common Stock | 4,821 | $57.77 | $279K |
Holdings After Transaction:
Stock Appreciation Rights — 0 contracts (Direct);
Common Stock — 59,576 shares (Direct)
Footnotes (1)
- F1. Indicates grant date. Stock appreciation rights are exercisable in quarters beginning on the first anniversary of the grant date with one-quarter of the total grant vesting annually over a four-year period.
Key Figures
Stock appreciation rights exercised: 7,018 shares
Exercise price of SARs: $26.5200 per share
Common shares delivered/withheld: 4,821 shares
+2 more
5 metrics
Stock appreciation rights exercised
7,018 shares
Exercise of stock appreciation rights into common stock on August 4, 2026
Exercise price of SARs
$26.5200 per share
Conversion or exercise price for 7,018 stock appreciation rights granted February 3, 2017
Common shares delivered/withheld
4,821 shares
Shares of common stock delivered or withheld at $57.7700 per share for exercise-price or tax liability
Value per share for withholding
$57.7700 per share
Per-share value applied to 4,821 common shares delivered or withheld on August 4, 2026
Derivative position after exercise
0.0000 SARs
Total stock appreciation rights from this 7,018-unit grant following the reported exercise
Key Terms
Stock Appreciation Rights, exercise price, grant date, tax liability
4 terms
Stock Appreciation Rights financial
"Stock appreciation rights are exercisable in quarters beginning on the first anniversary"
Stock appreciation rights (SARs) are a form of employee compensation that give the holder the right to receive the increase in a company's stock price over a set baseline, paid in cash or shares, without having to buy the stock. For investors, SARs matter because they can create future cash outflows or share dilution and signal how a company rewards and motivates executives — similar to giving a bonus tied directly to how well the company’s stock performs.
exercise price financial
"Payment of exercise price or tax liability by delivering or withholding securities"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
grant date financial
"Indicates grant date. Stock appreciation rights are exercisable in quarters"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transactions did Fifth Third Bancorp (FITB) report for EVP Kala Gibson?
Kala Gibson exercised 7,018 stock appreciation rights, receiving the same number of common shares at $26.52 each. In connection with this exercise, 4,821 common shares were delivered or withheld at $57.77 per share to cover exercise-price or tax obligations.
How many stock appreciation rights did FITB EVP Kala Gibson exercise?
Kala Gibson exercised 7,018 stock appreciation rights, each tied to one share of Fifth Third Bancorp common stock. These rights came from a grant dated February 3, 2017, which vested in annual quarters over a four-year period before this exercise.
What prices were involved in Kala Gibson’s Form 4 transactions for FITB?
The stock appreciation rights were exercised at an exercise price of $26.52 per share. To satisfy exercise-price or tax obligations, 4,821 shares of common stock were delivered or withheld at a value of $57.77 per share on the same date.
What happened to Kala Gibson’s stock appreciation rights position in FITB after the exercise?
The reported position for this specific grant of 7,018 stock appreciation rights is now shown as zero. This reflects that the entire grant dated February 3, 2017 was exercised, with common shares issued and some shares delivered or withheld for obligations.
Were Kala Gibson’s FITB transactions reported under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming that these transactions were made under a Rule 10b5-1 trading plan. No additional footnote language describes a pre-arranged trading plan for the reported exercise and share deliveries.
AI-generated analysis. How Rhea-AI works. Not financial advice.
