Fifth Third director receives 2,838 RSUs
FIFTH THIRD BANCORP director Laurent Desmangles received an equity award of 2,838 shares of Common Stock in the form of restricted stock units.
Rhea-AI Filing Summary
FIFTH THIRD BANCORP director Laurent Desmangles received an equity award of 2,838 shares of Common Stock in the form of restricted stock units. The grant was made under the Fifth Third Bancorp Incentive Compensation Plan with no cash consideration paid. These restricted stock units vest upon the cessation of Desmangles’ service on the Board of Directors. Following this grant, including additional restricted stock units previously acquired through dividend reinvestments, Desmangles directly holds a total of 15,446.423 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,838 shares
Grant/Award
1 txn
Insider
Desmangles Laurent
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,838 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 15,446.423 shares (Direct)
Footnotes (3)
- F1. 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.
- F2. Granted pursuant to Fifth Third Bancorp Incentive Compensation Plan. No consideration paid.
- F3. Includes additional restricted stock units acquired pursuant to dividend reinvestments since the date of the reporting person's last ownership report.
Key Figures
RSU grant size: 2,838 shares
Post-transaction holdings: 15,446.423 shares
Grant price: $0.0000 per share
+1 more
4 metrics
RSU grant size
2,838 shares
Restricted stock units awarded on April 21, 2026
Post-transaction holdings
15,446.423 shares
Direct Common Stock holdings after the award
Grant price
$0.0000 per share
No cash consideration paid for RSU award
Transaction type
Grant, award, or other acquisition (Code A)
Non-derivative acquisition of Common Stock
Key Terms
Restricted stock units, Incentive Compensation Plan, dividend reinvestments, Common Stock
4 terms
Restricted stock units financial
"Restricted stock units granted pursuant to Fifth Third Bancorp Incentive Compensation Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Incentive Compensation Plan financial
"Granted pursuant to Fifth Third Bancorp Incentive Compensation Plan"
An incentive compensation plan is a formal program that rewards employees and executives with bonuses, stock, or other payments tied to specific performance goals—such as revenue, profit, productivity, or long‑term share price. Investors watch these plans because they shape how leaders make decisions and take risks; like paying a coach by wins rather than effort, well‑designed plans can drive sustainable growth while poor designs can encourage short‑term behaviors that harm shareholder value.
dividend reinvestments financial
"Includes additional restricted stock units acquired pursuant to dividend reinvestments"
Common Stock financial
"Common Stock transaction of 2,838.0000 shares at $0.0000"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Fifth Third Bancorp (FITB) director Laurent Desmangles report on this Form 4?
Laurent Desmangles reported receiving 2,838 restricted stock units of Fifth Third Bancorp Common Stock. The award was granted under the company’s Incentive Compensation Plan, involved no cash payment, and increased his direct holdings to 15,446.423 shares after the transaction.
Was cash paid for the 2,838 restricted stock units granted to the FITB director?
No cash was paid for the 2,838 restricted stock units granted to Laurent Desmangles. The filing states the award was granted pursuant to the Fifth Third Bancorp Incentive Compensation Plan and specifically notes that no consideration was paid for this equity-based compensation.
When do Laurent Desmangles’ new restricted stock units in Fifth Third Bancorp vest?
The restricted stock units granted to Laurent Desmangles vest when his service on Fifth Third Bancorp’s Board of Directors ends. The footnotes explain that vesting is conditioned on the cessation of his board service, linking the equity award to his tenure as a director.
What role do dividend reinvestments play in Laurent Desmangles’ FITB holdings?
Dividend reinvestments have increased Laurent Desmangles’ total restricted stock unit holdings. The filing notes that his reported 15,446.423 shares include additional restricted stock units acquired through dividend reinvestments since his last ownership report, reflecting automatic accumulation rather than separate market purchases.
AI-generated analysis. How Rhea-AI works. Not financial advice.
