Form 4: FNB Corp Executive Gary L. Guerrieri Reports Acquisition of Restricted Stock Units

Chief Credit Officer Gary L. Guerrieri reports acquiring 13,705 shares of FNB Corp common stock through restricted stock units.

Summary

• Gary L. Guerrieri, Chief Credit Officer of FNB Corp, filed a Form 4 with the SEC.
• The filing reports the acquisition of 13,705 shares of FNB Corp common stock on February 18, 2025, at a price of $15.44 per share.
• These shares were acquired through an award of time-based restricted stock units.
• The restricted stock units will vest in three tranches: March 18, 2026, January 18, 2027, and January 18, 2028.
• Following the transaction, Guerrieri directly owns 271,348.516 shares of FNB Corp common stock.
• Guerrieri also indirectly owns 897.042 shares as custodian for a child and 87,344.187 shares through a 401K plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard SEC filing reporting an executive's acquisition of stock, which is neither overtly positive nor negative.

Positives

• The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the ownership positions of company executives.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a key executive.

Key Dates

Keywords

FNB Corp, Gary L. Guerrieri, Chief Credit Officer, Form 4, Restricted Stock Units, Beneficial Ownership, SEC Filing