Form 4: FNB Corp Executive Gary L. Guerrieri Reports Stock Transactions
SEC Form 4 Filing
Chief Credit Officer Gary L. Guerrieri reports acquisition and disposal of FNB Corp stock related to vesting of restricted stock units and tax obligations.
Summary
- Gary L. Guerrieri, Chief Credit Officer of FNB Corp, reported transactions involving FNB common stock on March 18, 2025.
- He acquired 42,797 shares at $13.61 related to a performance-based restricted stock unit award from 2022-2024.
- He disposed of 18,614 shares at $13.61 to cover tax withholding obligations upon vesting of a performance-based restricted stock unit award.
- An additional 1,444 shares were disposed of at $13.61 to cover tax withholding obligations upon vesting of a time-based restricted stock unit award.
- Following these transactions, Guerrieri directly owns 294,406.516 shares and indirectly owns 87,343.781 shares through a 401K plan and 904.965 shares as custodian for a child.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard regulatory filing detailing stock transactions. No specific positive or negative implications can be derived.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their alignment with shareholder interests.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine stock activity by an executive.
Key Dates
| Date | Description |
|---|---|
| 03/18/2025 | Date of stock acquisition and disposal transactions. |
| 03/20/2025 | Date of signature on the Form 4 filing. |
Keywords
FNB Corp, Gary L. Guerrieri, Chief Credit Officer, Form 4, Stock Transactions, Restricted Stock Units, Beneficial Ownership, Insider Trading
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