Peery Robert Wade 4

What Happened

• Peery Robert Wade, Chief Innovations Officer of FB Financial Corp (FBK), had performance- and restricted-stock units settle/vest on Feb 25, 2026. The Form 4 reports two awards of 1 share each (total 2 shares) issued at $0.00 and one share withheld (disposed) to satisfy taxes at $58.18. Net on the date: +2 awarded, -1 withheld for taxes → net +1 share retained.
• The withheld share was used to pay the tax liability (recorded as a disposition of 1 share for $58.18). The awards include performance stock units and restricted stock units tied to 2025 performance.

Key Details

• Transaction date: February 25, 2026; Form filed February 27, 2026 (appears timely within the usual 2‑day reporting window).
• Awards: 2 shares granted/issued at $0.00 (codes A). Tax withholding: 1 share disposed at $58.18 to satisfy tax liability (code F).
• Net change that day: +1 share retained (2 acquired, 1 withheld).
• Footnotes (plain language):
  • F1: Shares issued upon vesting of performance stock units subject to performance criteria other than the issuer's stock price.
  • F2: One share withheld to pay the tax liability from PSU vesting on Feb 25, 2026.
  • F3: Restricted stock units granted under the 2016 Incentive Plan for 2025 performance; these will settle in common stock upon vesting.
• Shares owned after the transaction: not specified in the provided excerpt.

Context

• These were award/vesting transactions (not open‑market purchases or sales). Tax-withholding by share surrender is a common, routine way to pay taxes on vested equity and does not by itself indicate a change in the insider’s view of the company.
• Transaction codes: A = Award/Grant; F = shares withheld for tax liability.