Fifth Third grants 14,496-share RSU award to executive
Fifth Third Bancorp granted equity compensation to a senior executive.
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Rhea-AI Filing Summary
Fifth Third Bancorp granted equity compensation to a senior executive. EVP & Head of Regional Banking Darren J. King acquired 14,496 shares of common stock on a grant/award basis, with no cash consideration paid.
The award consists of Restricted Stock Units granted under the Fifth Third Bancorp Incentive Compensation Plan. These RSUs are scheduled to vest in three equal annual installments, beginning on the first anniversary of the grant date, aligning the executive’s compensation with long-term company performance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,496 | $0.00 | $0.00 |
Footnotes (2)
- F1. Restricted Stock Units granted pursuant to Fifth Third Bancorp Incentive Compensation Plan subject to vesting in three equal annual installments beginning on the first anniversary of the grant date.
- F2. 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 Bancorp (FITB) report in this Form 4 for Darren J. King?
What are the vesting terms of Darren J. King’s Restricted Stock Units at Fifth Third Bancorp (FITB)?
What role does Darren J. King hold at Fifth Third Bancorp (FITB) in this insider transaction?
Is the insider transaction in Fifth Third Bancorp (FITB) common stock a buy or a grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.