Form 4: FB Financial Corp Executive Beth W. Sims Reports Stock Transactions

Beth W. Sims, General Counsel and Corporate Secretary of FB Financial Corp, reports acquisition and disposal of common stock related to vesting of restricted stock units and performance stock units.

Summary

• On February 23, 2024, Beth W. Sims, General Counsel and Corporate Secretary of FB Financial Corp, reported transactions involving the company's common stock.
• She acquired 2,529 shares of common stock related to restricted stock units granted under the 2016 Incentive Plan for her 2023 performance.
• These restricted stock units will settle in common stock upon vesting.
• Additionally, 684 shares of common stock were issued upon the vesting of outstanding performance stock units that were subject to performance criteria other than the issuer's stock price.
• 203 shares were withheld for payment of tax liability associated with the vesting of these performance stock units.
• Following these transactions, Ms. Sims beneficially owns 20,356 shares of FB Financial Corp common stock.

Sentiment

Score: 5

Explanation: This is a routine filing related to executive compensation and stock ownership, with no particularly positive or negative implications.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive compensation and stock ownership.

Key Dates