Sefzik Peter L 4
4 · FIFTH THIRD BANCORP · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
Fifth Third (FITB) EVP Peter Sefzik Receives 209,382 Shares
What Happened
Peter L. Sefzik, Executive Vice President of Fifth Third Bancorp (FITB), acquired a total of 209,382 FITB shares on February 2, 2026. That total breaks down to 190,133 shares received in exchange for 101,877 Comerica (CMA) shares as part of the CMA-Fifth Third merger, plus 19,249 restricted stock units (RSUs) granted at $0.00. No cash was paid for the RSU grant.
Key Details
- Transaction date: February 2, 2026; filing date: February 4, 2026. (No late-filing flag indicated in the filing.)
- Breakdown: 190,133 shares acquired via merger exchange (see footnote on conversion) and 19,249 RSUs granted at $0.00.
- Conversion detail: CMA holders received 1.8663 FITB shares per CMA share; Sefzik’s 190,133 FITB shares were issued in exchange for 101,877 CMA shares (footnote F1).
- RSU vesting: The 19,249 RSUs are subject to vesting on February 2, 2029 (footnote F2).
- Consideration: RSUs granted under the company’s incentive plan with no consideration paid (footnote F3).
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
This filing records share issuance from a corporate merger and a time‑based equity award—not an open‑market purchase or sale. Merger conversions and RSU grants are routine corporate actions and do not by themselves indicate the insider is buying or selling stock for investment reasons.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-02+190,133→ 190,133 total - Award
Common Stock
[F2][F3]2026-02-02+19,249→ 209,382 total
Footnotes (3)
- [F1]Received in exchange for 101,877 shares of Comerica Incorporated ("CMA") in connection with the merger of CMA and a wholly owned subsidiary of CMA with and into a wholly owned subsidiary of Fifth Third Bancorp ("FITB"). Pursuant to the merger agreement by and among FITB, CMA and the other parties thereto, holders of CMA common stock had the right to receive, for each share of CMA common stock held immediately prior to the effective time of the merger, 1.8663 shares of common stock of FITB and cash in lieu of any fractional shares, at such price in accordance with the terms of the merger agreement.
- [F2]Restricted stock units granted pursuant to Fifth Third Bancorp Incentive Compensation Plan subject to vesting on February 2, 2029.
- [F3]Granted pursuant to Fifth Third Bancorp Incentive Compensation Plan. No consideration paid.