Director at FNB (NYSE: FNB) receives 5,027-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FNB CORP/PA/ director John S. Stanik acquired additional company stock through a grant. On May 6, 2026, he received an award of 5,027 shares of FNB common stock valued at $17.90 per share. After this grant, he directly holds 109,212.303 shares, which also include shares accumulated via the company’s dividend reinvestment plan and dividend equivalent units on restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
STANIK JOHN S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,027 | $17.90 | $90K |
Holdings After Transaction:
Common Stock — 109,212.303 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 5,027 shares
Grant price: $17.90 per share
Shares owned after grant: 109,212.303 shares
3 metrics
Shares granted
5,027 shares
Common Stock grant on May 6, 2026
Grant price
$17.90 per share
Recorded transaction price for the stock award
Shares owned after grant
109,212.303 shares
Total direct FNB holdings following the transaction
Key Terms
dividend reinvestment plan, dividend equivalent units, restricted stock units, Common Stock
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.
Common Stock financial
"security_title": "Common Stock""
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
What insider transaction did FNB (FNB) director John S. Stanik report?
John S. Stanik reported receiving a grant of FNB common stock. On May 6, 2026, he was awarded 5,027 shares as a grant or other acquisition, rather than making an open-market purchase, according to the Form 4 insider filing data.
Is John S. Stanik’s FNB transaction a market buy or an equity grant?
The transaction is an equity grant, not an open-market purchase. It is coded as an “A” transaction on Form 4, described as a grant, award, or other acquisition, commonly used for director or executive compensation in stock rather than cash.
What do dividend reinvestment and dividend equivalent units mean in FNB’s Form 4 footnote?
The footnote explains that Stanik’s total includes shares from the dividend reinvestment plan and dividend equivalent units. Dividend reinvestment automatically buys more shares with cash dividends, while dividend equivalent units accrue on restricted stock units, increasing his share count without separate open-market trades.