Form 4: FNB Corp Corporate Controller James L. Dutey Reports Share Transactions

FNB Corp's Corporate Controller, James L. Dutey, reported the disposal of 1,469 common stock shares and holdings of 78,954.772 shares directly and 13,141.042 shares indirectly through a 401K plan.

Summary

• James L. Dutey, Corporate Controller at FNB Corp, filed a Form 4 detailing changes in his beneficial ownership of company stock.
• On January 7, 2025, Mr. Dutey disposed of 1,469 shares of common stock at a price of $14.67 per share.
• Following this transaction, Mr. Dutey directly owns 78,954.772 shares of FNB Corp common stock.
• He also indirectly owns 13,141.042 shares through a 401K plan.
• The total reported holdings include shares acquired through the company's dividend reinvestment plan and dividend equivalent units accrued on restricted stock units since the last filing.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock transaction by a company officer, with no indication of positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity and is common for publicly traded companies. It provides transparency into the transactions of company officers.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, as mandated by the SEC.
• The level of detail provided in this filing is consistent with what is expected for insider transactions.
• Similar filings are made by officers and directors of all publicly listed companies, such as Bank of America (BAC) or JPMorgan Chase (JPM), when they trade their company's stock.

Stakeholder Impact

• This transaction provides transparency to shareholders regarding insider trading activity.
• The impact on employees, customers, suppliers, and creditors is likely to be minimal.

Key Dates

Keywords

FNB Corp, Form 4, Beneficial Ownership, Stock Transaction, Corporate Controller, James L. Dutey, Share Disposal, 401K Plan, Dividend Reinvestment