Form 4: FNB Chief Credit Officer Acquires Shares

FNB Corporation's Chief Credit Officer, Gary L. Guerrieri, reported the acquisition of 39,093 shares of common stock, alongside tax-related disposals, effective March 18, 2026.

Summary

• Gary L. Guerrieri, Chief Credit Officer of FNB Corp/PA/, reported transactions involving the company's common stock.
• Acquired 39,093 shares of common stock at $16.11 per share, earned from a 2023-2025 performance-based restricted stock unit award.
• Disposed of 10,204 shares at $16.11 per share to satisfy tax withholding obligations for the performance-based restricted stock unit award.
• Disposed of 1,368 shares at $16.11 per share to satisfy tax withholding obligations for a time-based restricted stock unit award.
• Following these transactions, direct beneficial ownership stands at 317,096.933 shares.
• Indirect beneficial ownership includes 90,136.724 shares via a 401K Plan and 932.733 shares as custodian for a child.
• The total reported beneficial ownership also includes shares from the Company's dividend reinvestment plan and dividend equivalent units accrued on restricted stock units since the last filing.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal. The significant acquisition of shares through a performance-based award indicates management's achievement of targets and increased stake, despite routine tax-related disposals.

Positives

• Chief Credit Officer Gary L. Guerrieri acquired 39,093 shares of FNB common stock, indicating increased insider ownership.
• The shares were earned as part of a performance-based restricted stock unit award, suggesting achievement of performance targets.

Negatives

• A total of 11,572 shares were disposed of to cover tax withholding obligations, which is a common practice but reduces the net increase in direct ownership.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider share acquisitions, particularly those tied to performance awards, can signal management's confidence in the company's future performance within the financial services sector. The disposals for tax purposes are standard practice and do not necessarily reflect a lack of confidence.

Stakeholder Impact

• Shareholders: Increased insider ownership may be viewed positively as it aligns management's interests with shareholders.
• Employees: The vesting of performance-based awards can serve as an incentive for other employees.

Key Dates

Recommendation

While the Chief Credit Officer's acquisition of a substantial number of shares through a performance-based award is a positive indicator of insider confidence and achievement of company goals, the transaction date being in the future (March 2026) makes it an anticipated event rather than a current market signal. Investors should hold and monitor future filings and company performance for more immediate actionable insights.

Keywords

FNB, FNB Corp, Insider Trading, Form 4, Stock Acquisition, Restricted Stock Units, Executive Compensation, Gary L. Guerrieri, Chief Credit Officer, Financial Services