Calabrese Vincent J 4
Research Summary
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FNB CFO Vincent Calabrese Sells 3,710 Shares for Tax Withholding
What Happened Vincent J. Calabrese, Chief Financial Officer of FNB Corp (ticker: FNB), disposed of 3,710 shares on January 20, 2026 to satisfy tax withholding related to equity compensation. The shares were recorded at $17.36 each, resulting in proceeds (amounts withheld) of $64,406. This was a tax-withholding disposition (transaction code F), which is routine when restricted shares vest or options are exercised.
Key Details
- Transaction date and price: 2026-01-20 at $17.36 per share.
- Shares disposed: 3,710; total value withheld/paid: $64,406.
- Shares owned after transaction: Not specified in the filing.
- Footnote: The filing notes that the total reported in Column 5 also includes shares acquired under the company’s dividend reinvestment plan and dividend equivalent units accrued on restricted stock units since the last filing.
- Filing timeliness: Form filed on 2026-01-22 (timely within the standard 2-business-day window).
Context This was a tax-withholding share surrender (common when awards vest or options are exercised), not an open-market sale for investment purposes. Such transactions are typically administrative and don’t necessarily indicate the insider’s view on the company’s stock.