4,055-share sale by FNB Corp (FNB) wholesale banking chief
Rhea-AI Filing Summary
David Bryant Mitchell, Chief Wholesale Banking Officer of FNB Corp, reported selling 4,055 shares of Common Stock on August 6, 2026 at $19.245 per share in an open-market transaction. After the sale, he directly holds 144,282.718 shares and indirectly holds 13,634.099 shares through a 401K plan. The reported direct holdings include shares acquired via the company’s dividend reinvestment plan and dividend-equivalent units on restricted stock units since his prior filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,055 shares
Net Sell
2 txns
Insider
David Bryant Mitchell
Role
Chief Wholesale Banking Office
Sold
4,055 shs ($78K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 4,055 | $19.245 | $78K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 144,282.718 shares (Direct);
Common Stock — 13,634.099 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: 4,055 shares
Sale price per share: $19.245 per share
Direct holdings after transaction: 144,282.718 shares
+1 more
4 metrics
Shares sold
4,055 shares
Open-market or private sale of Common Stock on 2026-08-06
Sale price per share
$19.245 per share
Price for the 4,055 Common Stock shares sold on 2026-08-06
Direct holdings after transaction
144,282.718 shares
Direct Common Stock owned by David Bryant Mitchell following the sale
Indirect holdings after transaction
13,634.099 shares
Common Stock held indirectly by 401K plan after the reported transaction
Key Terms
dividend reinvestment plan, dividend equivalent units, restricted stock units, 401K Plan
4 terms
dividend reinvestment plan financial
"shares acquired under the Company's dividend reinvestment plan and dividend equivalent units"
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
"dividend equivalent units accrued on restricted stock units since the last filing by the reporting person"
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 by the reporting person"
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.
401K Plan financial
"Indirect ownership is reported as By 401K Plan in the holdings table"
A 401(k) plan is an employer-sponsored retirement savings account that lets workers set aside part of their paycheck into investments, often with tax breaks and sometimes with matching contributions from the employer. Think of it as a workplace piggy bank that grows through employee contributions, optional company top-ups, and market returns; it matters to investors because it shapes household retirement security, drives large flows of money into public markets, and affects a company’s compensation costs and ability to attract and keep talent.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did FNB (FNB) report for David Bryant Mitchell?
FNB reported that Chief Wholesale Banking Officer David Bryant Mitchell sold 4,055 shares of Common Stock on August 6, 2026 at $19.245 per share in an open-market or private transaction, as indicated by transaction code S.
How is David Bryant Mitchell’s indirect ownership in FNB (FNB) structured?
Mitchell’s indirect ownership consists of 13,634.099 FNB shares held "By 401K Plan". These are reported separately from his direct holdings and reflect shares in a retirement plan rather than shares held in his own name.
What does the footnote reveal about David Bryant Mitchell’s FNB (FNB) holdings?
A footnote states that the direct holding total also includes FNB shares acquired under the company’s dividend reinvestment plan and dividend equivalent units accrued on restricted stock units since his last filing.
What position does David Bryant Mitchell hold at FNB (FNB)?
David Bryant Mitchell is reported as an officer of FNB Corp with the title Chief Wholesale Banking Office. His Form 4 transactions relate to his holdings of the company’s Common Stock in that capacity.