FNB CORP/PA/·4

Jan 22, 8:47 PM ET

DELIE VINCENT J JR 4

Research Summary

AI-generated summary

Updated

FNB CEO Vincent J. Delie Jr. Surrenders 14,446 Shares for Tax Withholding

What Happened

Vincent J. Delie Jr., Chairman, President & CEO (and Director) of FNB Corp. (FNB), disposed of 14,446 shares on January 20, 2026 to satisfy a tax liability or exercise-related payment. The shares were reported at $17.36 each for a total value of approximately $250,783. This transaction is reported under code F, indicating shares were surrendered for tax withholding or to pay an exercise price rather than sold on the open market.

Key Details

  • Transaction date and price: 2026-01-20 — 14,446 shares at $17.36 each (total ~$250,783).
  • Transaction type/code: F — payment of exercise price or tax liability (shares disposed to satisfy taxes).
  • Shares owned after transaction: Not specified in the provided filing summary.
  • Footnote: F1 — the reported total in the filing 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: Report filed 2026-01-22 covering the 2026-01-20 transaction (no late-file indication in the provided data).

Context

Surrenders for tax withholding (code F) are common when executives exercise stock awards or vest restricted stock and taxes are due; they do not necessarily indicate a decision to sell shares for investment reasons. This is distinct from an open-market sale (which can signal different intent). The footnote indicates the filing aggregates certain dividend reinvestment and dividend-equivalent accruals since the last filing.