FNB.NYSEFnb Corp/pa/

Form 4: FNB Corp Chief Credit Officer Gary L. Guerrieri Reports Share Disposal

Sentiment:

SEC Form 4 Filing


Gary L. Guerrieri, Chief Credit Officer of FNB Corp, disposed of 3,527 shares of common stock on January 7, 2025.

Summary

  • Gary L. Guerrieri, the Chief Credit Officer of FNB Corp, reported a transaction involving the disposal of 3,527 shares of common stock.
  • The transaction occurred on January 7, 2025, at a price of $14.67 per share.
  • Following the transaction, Mr. Guerrieri directly owns 257,643.516 shares of FNB Corp common stock.
  • He also indirectly owns 87,344.187 shares through a 401K plan and 897.042 shares as custodian for a child.
  • The total reported holdings include shares acquired through the company's dividend reinvestment plan and dividend equivalent units accrued on restricted stock units.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock transaction by an executive, with no inherent positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity and is common for executives of publicly traded companies.

Comparison to Industry Standards

  • Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, as mandated by the SEC.
  • The transaction is typical of stock sales by executives, often for personal financial planning or diversification purposes.
  • The reported transaction is similar to those of other executives at comparable financial institutions.

Stakeholder Impact

  • The transaction may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the stock price.

Key Dates

DateDescription
01/07/2025Date of the share disposal transaction.
01/08/2025Date of signature on the Form 4 filing.

Keywords

FNB Corp, insider trading, Form 4, share disposal, Gary L. Guerrieri, Chief Credit Officer, stock transaction, beneficial ownership

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