FNB (FNB) Chief Legal Officer receives 8,911-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ORIE JAMES reported acquisition or exercise transactions in this Form 4 filing.
FNB CORP/PA/ Chief Legal Officer James Orie received an equity grant of 8,911 shares of common stock as a time-based restricted stock unit award on February 18, 2026 at $18.18 per share. These restricted units vest in three installments on March 18, 2027, January 18, 2028 and January 18, 2029. After this grant, his directly held common stock totaled 135,277.214 shares, and he also reported 65,107.094 shares held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
ORIE JAMES
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,911 | $18.18 | $162K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 135,277.214 shares (Direct);
Common Stock — 65,107.094 shares (Indirect, By 401K Plan)
Footnotes (1)
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FAQ
What insider transaction did FNB (FNB) report for James Orie?
FNB reported that Chief Legal Officer James Orie received a grant of 8,911 time-based restricted stock units at $18.18 per share. The award is a non-cash equity grant, not an open-market stock purchase or sale.
What are the vesting dates for James Orie’s FNB restricted stock units?
The awarded FNB time-based restricted stock units vest in three tranches: on March 18, 2027, January 18, 2028 and January 18, 2029. Vesting must occur before the units fully convert into common shares.
Was the FNB (FNB) insider transaction a stock purchase or a grant?
The transaction was a grant of restricted stock units, coded as an acquisition under Form 4 rules. It represents an equity award to James Orie, not an open-market stock purchase at the reported $18.18 reference price.
What role does James Orie hold at FNB (FNB) in this Form 4?
James Orie is identified as FNB’s Chief Legal Officer and Corporate Secretary. The Form 4 details his equity compensation, including newly awarded restricted stock units and his updated direct and indirect ownership in company common stock.
How is the 401(k) plan ownership reported in FNB’s Form 4 for James Orie?
The filing lists 65,107.094 FNB common shares held indirectly through a 401(k) plan, marked as indirect ownership. This entry updates his beneficial ownership via the plan without specifying a distinct buy or sell transaction code.