FNB CEO awarded 227,919 shares in Form 4
FNB CORP/PA/ Chairman, President & CEO Vincent J. Delie Jr. reported a stock-based compensation event.
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Rhea-AI Filing Summary
FNB CORP/PA/ Chairman, President & CEO Vincent J. Delie Jr. reported a stock-based compensation event. He received an award of 227,919 shares of Common Stock at $16.11 per share, earned for a 2023–2025 performance-based restricted stock unit award.
To cover tax obligations on vesting, 99,123 shares and 13,569 shares were withheld, tied to performance-based and time-based restricted stock unit awards. After these transactions, he directly held 2,109,582.291 shares, with an additional 97,067.614 shares held indirectly through a 401(k) plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 227,919 | $16.11 | $3.67M |
| Exercise Price or Tax Liability | Common Stock | 99,123 | $16.11 | $1.60M |
| Exercise Price or Tax Liability | Common Stock | 13,569 | $16.11 | $219K |
| 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
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What did FNB (FNB) CEO Vincent J. Delie Jr. report in this Form 4?
Were the Form 4 transactions for FNB open-market buys or sells?
What period does the FNB performance-based stock award in this Form 4 cover?
AI-generated analysis. How Rhea-AI works. Not financial advice.