FNB Corp officer sells 19,000 shares
FNB CORP/PA/ Chief Credit Officer Gary L. Guerrieri reported an open-market sale of 19,000 shares of Common Stock at $18.53 per share.
Rhea-AI Filing Summary
FNB CORP/PA/ Chief Credit Officer Gary L. Guerrieri reported an open-market sale of 19,000 shares of Common Stock at $18.53 per share. After this sale, he directly holds 298,096.933 shares. He also indirectly holds 90,136.724 shares through a 401(k) plan and 932.733 shares as custodian for a child.
The reported holdings include shares acquired through the company’s dividend reinvestment plan and dividend equivalent units accrued on restricted stock units since his last filing.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 19,000 shares
Net Sell
3 txns
Insider
GUERRIERI GARY L
Role
Chief Credit Officer
Sold
19,000 shs ($352K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 19,000 | $18.53 | $352K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 298,096.933 shares (Direct);
Common Stock — 932.733 shares (Indirect, As custodian for child);
Common Stock — 90,136.724 shares (Indirect, By 401K Plan)
Footnotes (1)
- F1. 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.
Key Figures
Shares sold: 19,000 shares
Sale price per share: $18.53 per share
Direct holdings after sale: 298,096.933 shares
+2 more
5 metrics
Shares sold
19,000 shares
Open-market sale of Common Stock
Sale price per share
$18.53 per share
Price for 19,000-share sale
Direct holdings after sale
298,096.933 shares
Common Stock directly owned following transaction
401(k) indirect holdings
90,136.724 shares
Indirect ownership via 401(k) plan
Custodian indirect holdings
932.733 shares
Indirect ownership as custodian for child
Key Terms
dividend reinvestment plan, dividend equivalent units, restricted stock units, open-market sale
4 terms
dividend reinvestment plan financial
"also 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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FNB (FNB) report for Gary L. Guerrieri?
FNB reported that Chief Credit Officer Gary L. Guerrieri sold 19,000 shares of Common Stock in an open-market transaction at $18.53 per share. The Form 4 also updates his remaining direct and indirect shareholdings after this sale.
What was the sale price in Gary L. Guerrieri’s FNB (FNB) stock transaction?
Gary L. Guerrieri’s reported sale of FNB Common Stock was executed at $18.53 per share. The transaction involved 19,000 shares in an open-market or private transaction, as characterized by the Form 4 transaction code and description.
What indirect FNB (FNB) holdings does Gary L. Guerrieri report?
Gary L. Guerrieri reports 90,136.724 FNB shares held indirectly through a 401(k) plan and 932.733 shares held indirectly as custodian for a child. Both positions are classified as indirect ownership in the Form 4 filing’s transaction records.
What does the Form 4 footnote say about Gary L. Guerrieri’s FNB holdings?
The footnote explains that the total reported holdings also include shares acquired under FNB’s dividend reinvestment plan and dividend equivalent units accrued on restricted stock units since his prior Form 4 filing, updating the cumulative position disclosed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
