Form 4: FNB Corp CEO Sells Shares for Tax Obligations
Insider Transaction Report
FNB Corp's Chairman, President, and CEO, Vincent J. Delie Jr., reported a disposition of 14,446 common shares at $17.36 each to cover tax withholding obligations.
Summary
- Vincent J. Delie Jr., Chairman, President, and CEO of FNB Corp/PA/ (FNB), reported a transaction involving the company's common stock.
- On January 20, 2026, Mr. Delie disposed of 14,446 shares of common stock.
- The shares were disposed of at a price of $17.36 per share.
- This transaction was coded 'F', indicating a disposition to the issuer to satisfy tax withholding obligations.
- Following this transaction, Mr. Delie directly beneficially owns 1,895,770.022 shares of common stock.
- Additionally, Mr. Delie indirectly beneficially owns 90,875.131 shares of common stock through a 401K Plan.
- The total direct ownership includes shares acquired under the Company's dividend reinvestment plan and dividend equivalent units accrued on restricted stock units since the last filing.
Sentiment
Score: 5
Explanation: A routine insider transaction for tax withholding purposes, which is neutral in sentiment. It reflects the vesting of prior equity awards but not a discretionary sale based on company performance or a change in management's outlook.
Future Outlook
NA
Industry Context
This insider transaction is specific to FNB Corp's executive compensation and tax compliance, and does not directly reflect broader industry trends or competitive dynamics.
Stakeholder Impact
- Shareholders: The transaction represents a minor dilution from the sale of shares to cover tax obligations, but it is a routine event for executive compensation and does not indicate a change in management's confidence or strategic direction.
Key Dates
| Date | Description |
|---|---|
| 01/20/2026 | Transaction Date for disposition of common stock. |
| 01/22/2026 | Signature Date of Reporting Person. |
Recommendation
holdThe filing details a routine insider sale by the CEO to cover tax obligations on vested equity. This is a common and expected event and does not reflect a discretionary decision to sell based on the company's future prospects. Therefore, it provides no new information to alter an existing investment thesis, warranting a 'hold' recommendation.
Keywords
FNB Corp, FNB, Vincent J. Delie Jr., Form 4, Insider Transaction, Stock Sale, CEO, Director, Beneficial Ownership, Tax Withholding
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