DELIE VINCENT J JR 4
Research Summary
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FNB CEO Vincent Delie Receives 83,499-Share Award
What Happened
- Vincent J. Delie Jr., Chairman, President & CEO of FNB Corp. (FNB), was awarded 83,499 restricted stock units (RSUs) on 2026-02-18. The grant is reported at $18.18 per share, a total reported value of $1,518,012. The Form 4 reports this as an acquisition (code A — award/grant).
Key Details
- Transaction date and price: 2026-02-18 at $18.18 per share (total $1,518,012).
- Shares awarded: 83,499 time-based restricted stock units (RSUs).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Vesting: Award vests in portions on March 18, 2027; January 18, 2028; and January 18, 2029 (footnote F1).
- Filing timeliness: Form filed 2026-02-20 for a 2026-02-18 report date (filed within the normal Form 4 window).
- Transaction code: A = Award/Grant.
Context
- These are time-based RSUs (restricted stock units), meaning they convert to shares only as they vest on the stated future dates and are typically part of executive compensation rather than a market purchase or sale. Such awards align executive pay with future company performance but do not by themselves indicate immediate buying or selling of the stock.