Form 4: FNB Corp Executive Gary L. Guerrieri Reports Changes in Beneficial Ownership

Gary L. Guerrieri, Chief Credit Officer of FNB Corp, reports a disposition of shares and updates to beneficial ownership, including holdings in 401K and as custodian for a child.

Summary

• Gary L. Guerrieri, Chief Credit Officer of FNB Corp, filed a Form 4 on March 20, 2024, reporting changes in beneficial ownership of FNB Corp stock.
• On March 18, 2024, Guerrieri disposed of 1,238 shares of common stock at a price of $13.31.
• Following the transaction, Guerrieri directly owns 260,317.816 shares of common stock.
• Guerrieri also indirectly owns 874.625 shares as custodian for a child and 84,278.376 shares through a 401K plan.
• The reported total 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 document is a standard SEC filing reporting a transaction by an insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions in the company. It allows investors to monitor the actions of key executives and their alignment with shareholder interests.

Stakeholder Impact

• Shareholders can use this information to understand insider trading activity.
• Employees holding company stock may be interested in the executive's transactions.
• The filing provides transparency to the market regarding insider ownership.

Key Dates