Equity award gives FNB (FNB) controller 3,587 time-based restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dutey James L reported acquisition or exercise transactions in this Form 4 filing.
FNB CORP/PA/ Corporate Controller James L. Dutey was granted 3,587 shares of common stock on February 18, 2026 as a time-based restricted stock unit award at $18.18 per share. These units vest in three parts on March 18, 2027, January 18, 2028, and January 18, 2029. After the grant, he directly owned 52,060.772 shares and indirectly held 13,560.420 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Dutey James L
Role
Corporate Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,587 | $18.18 | $65K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 52,060.772 shares (Direct);
Common Stock — 13,560.42 shares (Indirect, By 401K Plan)
Footnotes (1)
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FAQ
What did FNB (FNB) insider James L. Dutey report in this Form 4?
James L. Dutey reported receiving a grant of 3,587 shares of FNB common stock as time-based restricted stock units. The award was dated February 18, 2026, and reflects additional equity compensation rather than an open-market stock purchase or sale.
What type of equity award did FNB (FNB) grant to James L. Dutey?
FNB granted time-based restricted stock units representing 3,587 shares of common stock to Corporate Controller James L. Dutey. These units convert into shares over time as vesting conditions are met, aligning a portion of his compensation with the company’s future performance.
When do James L. Dutey’s FNB (FNB) restricted stock units vest?
The 3,587 restricted stock units vest in three installments on March 18, 2027, January 18, 2028, and January 18, 2029. This staggered vesting schedule encourages longer-term retention and ties the ultimate share delivery to continued service over several years.
Was this FNB (FNB) Form 4 a stock purchase or sale by James L. Dutey?
The filing shows an acquisition through an equity grant, not an open-market trade. The 3,587 shares were awarded as time-based restricted stock units, classified as a grant, award, or other acquisition transaction rather than a traditional buy or sell order.
How is James L. Dutey’s 401(k) ownership in FNB (FNB) reported?
The Form 4 lists 13,560.420 FNB shares held indirectly via a 401(k) plan. This position is coded as indirect ownership, reflecting retirement-plan holdings, with no specific transaction code disclosed for this line in the reported data excerpt.