FNB executive receives stock award, shares withheld
FNB CORP/PA/ Chief Wholesale Banking Officer David Bryant Mitchell received 30,280 shares of Common Stock as a grant tied to a 2023–2025 performance-based restricted stock unit award at $16.11 per share.
Rhea-AI Filing Summary
FNB CORP/PA/ Chief Wholesale Banking Officer David Bryant Mitchell received 30,280 shares of Common Stock as a grant tied to a 2023–2025 performance-based restricted stock unit award at $16.11 per share.
To cover related tax obligations, 13,170 shares from this performance-based award and 1,517 shares from a time-based restricted stock unit award were withheld and disposed of, also at $16.11 per share. After these compensation-related and tax-withholding entries, Mitchell directly holds 148,192.718 Common Stock shares and indirectly holds 13,634.099 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 30,280 | $16.11 | $488K |
| Exercise Price or Tax Liability | Common Stock | 13,170 | $16.11 | $212K |
| Exercise Price or Tax Liability | Common Stock | 1,517 | $16.11 | $24K |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. Shares earned for the 2023-2025 performance-based restricted stock unit award.
- F2. The total reported in Column 5 also includes shares acquired under the Company's dividend reinvestment plan and dividend equivalent units accrued on restricted stock units since the last filing by the reporting person.
- F3. Shares withheld to satisfy reporting person's tax withholding obligation upon the vesting of a performance-based restricted stock unit award.
- F4. Shares withheld to satisfy reporting person's tax withholding obligation upon the vesting of a time-based restricted stock unit award.
FAQ
What did FNB (FNB) executive David Bryant Mitchell report in this Form 4?
Was the FNB (FNB) Form 4 transaction an open-market buy or sell?
What are David Bryant Mitchell’s FNB (FNB) holdings after these transactions?
Does this FNB (FNB) Form 4 indicate remaining derivative or option positions?
AI-generated analysis. How Rhea-AI works. Not financial advice.