Bayh Evan 4
Research Summary
AI-generated summary
Fifth Third Bancorp (FITB) Director Evan Bayh Receives RSU Award
What Happened
- Evan Bayh, a member of the Board of Directors of Fifth Third Bancorp (FITB), received a grant of 2,838 restricted stock units (RSUs) on April 21, 2026. The Form 4 reports the acquisition at $0.00 (no cash paid). This was an award/compensation grant, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-21; filing date: 2026-04-23 (appears timely).
- Shares/units granted: 2,838 RSUs; reported price: $0.00; total cash value reported: $0.
- Shares owned following the transaction: Not specified in the filing.
- Footnotes:
- F1 — RSUs granted under the Fifth Third Bancorp Incentive Compensation Plan and are subject to vesting upon cessation of the reporting person's service on the Board.
- F2 — Granted pursuant to the Incentive Compensation Plan; no consideration paid.
- No indication of a 10b5-1 plan, tax withholding sale, or late filing was reported.
Context
- RSU awards are compensation and do not necessarily signal buying or selling intent; they typically vest into shares under the plan terms (here, upon cessation of board service). Because no cash was paid and the units are restricted, this is a routine director compensation event rather than market-directed trading.