Form 4: Thomas H. Harvey Reports Changes in Beneficial Ownership of Fifth Third Bancorp Stock

Sentiment:

SEC Form 4 Filing


Director Thomas H. Harvey reports multiple transactions involving Fifth Third Bancorp common stock, including acquisitions and disposals via gifts, resulting in adjustments to his directly and indirectly held shares.

Summary

  • Thomas H. Harvey, a director of Fifth Third Bancorp, filed a Form 4 detailing changes in his beneficial ownership of the company's common stock.
  • The reported transactions include the gifting of shares on December 24, 2021, January 4, 2022, January 5, 2023 and January 16, 2024.
  • These transactions altered both his directly held shares and those held indirectly through trusts for his children.
  • As a result of these transactions, Harvey directly owns 109,428.712 shares of common stock.
  • Additionally, Harvey indirectly owns 13,499 shares through trusts for each of his three children, and 22,266.2 shares through another trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, and the transactions described do not inherently indicate positive or negative sentiment. It's a factual report of stock ownership changes.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key personnel and their potential impact on the company's stock.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders by slightly diluting the stock.

Key Dates

DateDescription
12/24/2021Gift of Fifth Third Bancorp common stock.
01/04/2022Gift of Fifth Third Bancorp common stock.
01/05/2023Gift of Fifth Third Bancorp common stock.
01/16/2024Gift of Fifth Third Bancorp common stock.
10/09/2024Date of signature on the report.

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