FNB CORP/PA/·4

Mar 19, 4:36 PM ET

DELIE VINCENT J JR 4

Research Summary

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Updated

FNB CEO Vincent J. Delie Jr. Receives RSU Award; Shares Withheld

What Happened
Vincent J. Delie Jr., Chairman, President & CEO of FNB (FNB), was granted 227,919 performance-based restricted stock units (RSUs) that vested on 2026-03-18 at $16.11 per share (total value reported $3,671,775). To satisfy tax withholding obligations upon vesting, a total of 112,692 shares were withheld (99,123 shares and 13,569 shares) at the same $16.11 price, with proceeds of $1,596,872 and $218,597 respectively (total ~$1.82M). The award and the share withholdings are compensation-related transactions rather than open-market purchases or sales.

Key Details

  • Transaction date: 2026-03-18; price per share: $16.11.
  • Award: 227,919 shares (performance-based RSU for 2023–2025) — Footnote F1.
  • Withheld for taxes: 99,123 shares (F3) and 13,569 shares (F4); combined 112,692 shares withheld (~$1,815,469).
  • Column 5 note (F2): reported share totals may also include dividend reinvestment and dividend equivalents since last filing.
  • Shares owned after the transaction: not specified in the summary provided; consult the full Form 4 for Column 5 balance.
  • Filing timeliness: not indicated in the information provided.

Context
This was a standard vesting of performance- and time-based RSUs with shares withheld to cover tax liabilities (a routine, non‑market-sale disposition). Awards reflect compensation and vesting outcomes rather than an independent bullish or bearish trading decision. For full details and current holdings, retail investors should review the complete Form 4 filing (Accession No. 0001438099-26-000010).