Form 4: FNB Corp Corporate Controller James L. Dutey Reports Changes in Beneficial Ownership

James L. Dutey, Corporate Controller of FNB Corp, reports acquisition and disposal of common stock related to performance-based restricted stock units and tax obligations.

Summary

• On March 18, 2025, James L. Dutey, Corporate Controller of FNB Corp, reported changes in beneficial ownership of FNB common stock.
• Dutey acquired 12,433 shares at $13.61 related to a 2022-2024 performance-based restricted stock unit award.
• He also disposed of 5,159 shares and 678 shares at $13.61 to satisfy tax withholding obligations upon vesting of performance-based and time-based restricted stock units, respectively.
• Following these transactions, Dutey directly owns 89,792.772 shares and indirectly owns 13,140.768 shares through a 401K plan.
• The reported total also 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: 6

Explanation: The sentiment is neutral as the filing primarily reflects routine transactions related to stock-based compensation and tax obligations. There's no indication of significant positive or negative sentiment.

Positives

• The acquisition of shares indicates confidence in the company's performance.

Industry Context

Form 4 filings are standard practice for corporate insiders to report changes in their ownership of company stock, providing transparency to investors.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine insider activity related to compensation.

Key Dates

Keywords

FNB Corp, James L. Dutey, beneficial ownership, Form 4, common stock, restricted stock units, tax withholding, dividend reinvestment, corporate controller