Khanna Kevin J 4
Research Summary
AI-generated summary
Fifth Third Bancorp EVP Kevin Khanna Withholds 2,231 Shares for Taxes
What Happened
Kevin J. Khanna, Executive Vice President of Fifth Third Bancorp (FITB), had 2,231 shares withheld from a restricted stock unit vesting to satisfy tax withholding. The shares were reported disposed at $52.90 per share, a total value of $118,020. This was a tax-withholding disposition (not an open-market sale).
Key Details
- Transaction date: 2026-02-19; Filing date: 2026-02-23 (filed on time).
- Disposition: 2,231 shares withheld for taxes at $52.90 per share; total value reported $118,020.
- Footnote: F1 — Shares withheld to cover taxes upon vesting of RSUs granted on February 19, 2025.
- Shares owned after the transaction: not specified in the provided excerpt of the Form 4.
- Transaction code: F (tax withholding), not a purchase or market sale.
Context
Withholding shares to cover tax on vested RSUs is a routine administrative transaction and does not necessarily indicate insider sentiment about the company. For retail investors, purchases or open-market sales by insiders tend to be more informative about conviction than tax-withholding dispositions.