Form 4: FNB Corp. Controller Reports Routine Stock Transaction
Insider Transaction Report
FNB Corp.'s Corporate Controller, James L. Dutey, reported a disposition of 743 shares of common stock to cover tax liabilities.
Summary
- James L. Dutey, Corporate Controller of FNB Corp./PA/ (FNB), reported a transaction involving the company's common stock.
- On January 6, 2026, Mr. Dutey disposed of 743 shares of common stock at a price of $17.19 per share.
- This transaction was coded 'F', indicating shares were withheld to satisfy tax withholding obligations incident to the receipt, exercise, or vesting of a security.
- The transaction was made pursuant to a Rule 10b5-1(c) pre-planned contract, instruction, or written plan.
- Following the transaction, Mr. Dutey directly beneficially owns 49,255.772 shares of common stock.
- Additionally, Mr. Dutey indirectly beneficially owns 13,140.768 shares of common stock through a 401K Plan.
- The total reported direct beneficial 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: The filing reports a routine, non-discretionary insider transaction for tax purposes, which is neutral in sentiment and does not indicate any positive or negative operational or financial developments for the company.
Future Outlook
NA
Industry Context
This Form 4 filing is a routine disclosure of an insider transaction, specifically a non-discretionary sale to cover tax obligations. Such transactions are common across all industries for executives receiving equity compensation and typically do not reflect a change in management's outlook on the company's prospects.
Related Party Transactions
- James L. Dutey, Corporate Controller of FNB Corp., disposed of company common stock, which is considered an insider transaction.
Stakeholder Impact
- Shareholders: The disposition of shares by an officer for tax purposes is a routine event and typically has minimal direct impact on existing shareholders. It does not signal a change in the officer's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 01/06/2026 | Date of the reported transaction where 743 shares were disposed of. |
| 01/07/2026 | Date the Form 4 was signed by the reporting person. |
Keywords
FNB Corp, FNB, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Corporate Controller, James L. Dutey, Rule 10b5-1
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