Form 4: FNB Corp Executive James Orie Reports Stock Transaction
SEC Form 4 Filing
FNB Corp's Chief Legal Officer, James Orie, reported a disposition of 2,630 shares of common stock on January 7, 2025, along with holdings in a 401K plan.
Summary
- James Orie, Chief Legal Officer and Corporate Secretary of FNB Corp, filed a Form 4 disclosing a transaction involving the company's common stock.
- On January 7, 2025, Mr. Orie disposed of 2,630 shares of FNB common stock at a price of $14.67 per share.
- Following the transaction, Mr. Orie directly owns 102,014.304 shares of common stock.
- Mr. Orie also indirectly owns 63,090.691 shares through a 401K plan.
- The reported holdings include shares acquired through the company's dividend reinvestment plan and dividend equivalent units accrued on restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment. It is a neutral event.
Industry Context
This is a routine filing for a corporate officer and is typical for publicly traded companies. It provides transparency into the trading activities of company insiders.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the United States.
- The transaction is relatively small in the context of the overall market capitalization of FNB Corp.
- Similar filings are made by executives at comparable financial institutions such as PNC Financial Services and Citizens Financial Group.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors due to its small size relative to the company's overall market capitalization.
Key Dates
| Date | Description |
|---|---|
| 01/07/2025 | Date of the stock transaction. |
| 01/08/2025 | Date the form was signed. |
Keywords
FNB Corp, James Orie, Form 4, stock transaction, insider trading, common stock, 401K, dividend reinvestment
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