Form 4: Fifth Third Bancorp EVP Nancy C. Pinckney Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Nancy C. Pinckney, EVP of Fifth Third Bancorp, reports the disposal of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- Nancy C. Pinckney, an Executive Vice President at Fifth Third Bancorp, filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
- The reported transactions involve the disposal of common stock to satisfy tax withholding obligations upon the vesting of restricted stock units.
- These restricted stock units were initially granted on February 14, 2023, February 14, 2024, February 16, 2022 and February 17, 2021.
- The disposals occurred between February 14, 2025, and February 17, 2025, with the stock price at $44.06 per share.
- Following these transactions, Pinckney directly owns 63,691.44 shares of Fifth Third Bancorp common stock, which includes additional restricted stock units acquired pursuant to dividend reinvestments since the date of the reporting person's last ownership report.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/17/2021 | Date of restricted stock units granted to the reporting person. |
| 02/16/2022 | Date of restricted stock units granted to the reporting person. |
| 02/14/2023 | Date of restricted stock units granted to the reporting person. |
| 02/14/2024 | Date of restricted stock units granted to the reporting person. |
| 02/14/2025 | Date of common stock disposal for tax obligations. |
| 02/16/2025 | Date of common stock disposal for tax obligations. |
| 02/17/2025 | Date of common stock disposal for tax obligations. |
| 02/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Fifth Third Bancorp, FITB, Stock Disposal, Restricted Stock Units, Tax Withholding, Nancy C. Pinckney, EVP
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