Director David J. Malone granted 5,027 FNB Corp (FNB) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FNB Corp director David J. Malone received a stock award of 5,027 shares of Common Stock on May 6, 2026 at $17.90 per share. This was recorded as a grant or other acquisition, not an open-market purchase. After this award, Malone directly holds 149,430.589 shares. The reported post-transaction total also reflects shares accumulated through the company’s dividend reinvestment plan and dividend equivalent units accrued on restricted stock units since his prior filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MALONE DAVID J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,027 | $17.90 | $90K |
Holdings After Transaction:
Common Stock — 149,430.589 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 5,027 shares
Grant value per share: $17.90 per share
Total shares after transaction: 149,430.589 shares
+1 more
4 metrics
Shares granted
5,027 shares
Common Stock award on May 6, 2026
Grant value per share
$17.90 per share
Value assigned to Common Stock grant
Total shares after transaction
149,430.589 shares
Direct holdings after award, including DRIP and dividend equivalents
Acquisition transactions
1 transaction
Single grant, award, or other acquisition reported
Key Terms
dividend reinvestment plan, dividend equivalent units, restricted stock units, Grant, award, or other acquisition
4 terms
dividend reinvestment plan financial
"includes shares acquired under the Company's dividend reinvestment plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
dividend equivalent units financial
"and dividend equivalent units accrued on restricted stock units"
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
restricted stock units financial
"dividend equivalent units accrued on restricted stock units since the last filing"
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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did FNB (FNB) director David J. Malone report?
Director David J. Malone reported receiving a grant of 5,027 FNB Common Stock shares at $17.90 per share. The Form 4 classifies this as a grant, award, or other acquisition, meaning it is a compensation-related award rather than an open-market stock purchase.
Was the FNB (FNB) transaction by David J. Malone a market purchase or a grant?
The transaction was a grant, not a market purchase. The Form 4 uses code “A” and describes it as a grant, award, or other acquisition, indicating the 5,027 shares of FNB Common Stock were received as part of compensation rather than bought in the open market.
At what price was David J. Malone’s FNB (FNB) stock award valued?
The 5,027-share award to David J. Malone was valued at $17.90 per share. This price represents the per-share value assigned for the Common Stock grant reported on May 6, 2026, as disclosed in the Form 4 insider transaction details.
What does the footnote about dividend reinvestment mean for FNB (FNB) director holdings?
The footnote explains that the total shares reported after the transaction also include shares from the company’s dividend reinvestment plan and dividend equivalent units on restricted stock units. For David J. Malone, this means his 149,430.589 FNB shares reflect both awarded and reinvested amounts.