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FIFTH THIRD BANCORP·4

Feb 23, 4:04 PM ET

Preston Bryan D. 4

Research Summary

AI-generated summary

Updated

Fifth Third (FITB) CFO Preston D. Bryan Withholds 2,564 Shares for Taxes

What Happened
Preston D. Bryan, Chief Financial Officer of Fifth Third Bancorp (FITB), had 2,564 shares withheld to satisfy tax withholding obligations tied to vested restricted stock units (RSUs). The withholding was reported as a disposition at $52.90 per share, totaling $135,636. This was a tax-withholding/cashless settlement rather than an open-market sale.

Key Details

  • Transaction date: 2026-02-19; filing date (SEC accession): 2026-02-23.
  • Shares withheld/disposed: 2,564 at $52.90/share; total value reported $135,636.
  • Transaction code: F — shares withheld to satisfy tax liability on vesting.
  • Footnote: F1 — shares were withheld for taxes upon vesting of RSUs granted to the reporting person on February 19, 2025.
  • Shares owned after the transaction: not specified in the provided filing.

Context
Tax-withholding dispositions on RSU vesting are routine and do not necessarily indicate a deliberate sell decision by the insider. This is effectively a cashless settlement to cover taxes rather than a market-direction trade (purchase or proactive sale).