Form 4: FNB Corp CFO Vincent J. Calabrese Acquires Shares and Restricted Stock Units

FNB Corp's Chief Financial Officer, Vincent J. Calabrese, recently acquired shares and restricted stock units of the company's common stock.

Summary

• On February 18, 2025, Vincent J. Calabrese, the Chief Financial Officer of FNB Corp, acquired 22,384 shares of common stock at a price of $15.44 per share.
• Following this transaction, Calabrese directly owns 741,801.501 shares of FNB Corp common stock.
• Calabrese also indirectly owns 81,403.115 shares through a 401K plan.
• Additionally, Calabrese was awarded time-based restricted stock units that will vest in three tranches: March 18, 2026, January 18, 2027, and January 18, 2028.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity. The acquisition of shares by the CFO could be seen as a positive signal, but it's not definitive.

Positives

• The CFO's acquisition of shares may signal confidence in the company's future performance.

Future Outlook

The document does not contain explicit forward-looking statements, but the vesting schedule of the restricted stock units extends to January 2028.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities, allowing investors to monitor the actions of company executives and directors.

Stakeholder Impact

• Shareholders may view the CFO's stock acquisition as a positive sign of confidence in the company's prospects.

Key Dates

Keywords

FNB Corp, Vincent J. Calabrese, CFO, Form 4, Stock Acquisition, Restricted Stock Units, Beneficial Ownership, Insider Trading