Benitez Jorge L. 4

What Happened

Jorge L. Benitez, a director of Fifth Third Bancorp (FITB), received an award of 2,838 restricted stock units (RSUs) on April 21, 2026. The RSUs were granted at $0.00 consideration, indicating a compensation award rather than a purchase; the reported transaction value is $0.

Key Details

• Transaction date: 2026-04-21; Form 4 filed 2026-04-23 (two days after the transaction).
• Transaction type/code: A — Grant/award (2,838 RSUs) at $0.00 per share.
• Shares owned after transaction: Not specified in the supplied data (the filing shows the RSUs granted but does not state total holdings here).
• Relevant footnotes from the filing:
  • F1: RSUs subject to vesting upon cessation of the reporting person's service on the Board.
  • F2: Granted under Fifth Third Bancorp Incentive Compensation Plan; no consideration paid.
  • F3: Includes additional RSUs from dividend reinvestments since the last ownership report.
• No indication in this filing that the award was part of a 10b5‑1 plan, a gift, or a cashless exercise.

Context

RSU grants to directors are a common form of compensation and do not involve an out-of-pocket purchase; they typically vest under specified conditions (here, tied to board service). Such awards are routine and should not be interpreted as a direct buy or sell signal about management’s market view.