GUERRIERI GARY L 4
Research Summary
AI-generated summary
FNB Chief Credit Officer Gary Guerrieri Surrenders 1,477 Shares
What Happened
- Gary L. Guerrieri, Chief Credit Officer of FNB Corp. (FNB), had 1,477 shares disposed on Jan 20, 2026 as a payment for an exercise price or tax liability. The shares were reported disposed at $17.36 per share for a total value of $25,641. This was a withholding-type disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-01-20
- Price per share: $17.36
- Shares disposed: 1,477
- Total value of disposition: $25,641
- Transaction code: F (payment of exercise price or tax liability — shares withheld/surrendered)
- Shares owned after transaction: not specified in the provided summary; see the full Form 4 for exact post-transaction holdings
- Footnote: F1 — the reported total 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 reporting person’s last filing
- Filing timeliness: Form filed 2026-01-22 for a 2026-01-20 transaction (filed within the typical two-business-day Form 4 window)
Context
- A code F disposition typically reflects shares withheld by the company to satisfy taxes or exercise costs following stock option exercises or RSU vesting. This is a routine administrative action and differs from an open-market sale; it does not necessarily indicate a trading decision or change in sentiment by the insider.