Form 4: FNB Corp Executive James Orie Reports Stock Transactions
SEC Form 4 Filing
James Orie, Chief Legal Officer and Corporate Secretary of FNB Corp, reports the disposition of 1,246 shares of common stock to cover tax obligations and updates beneficial ownership.
Summary
- On March 18, 2024, James Orie, Chief Legal Officer and Corporate Secretary of FNB Corp, reported a transaction involving the company's common stock.
- Orie disposed of 1,246 shares at a price of $13.31 per share to cover tax obligations.
- Following the transaction, Orie directly owns 102,009.492 shares of FNB Corp common stock.
- Orie also indirectly owns 60,838.634 shares through a 401K plan.
- The reported total includes shares acquired through the company's dividend reinvestment plan and dividend equivalent units accrued on restricted stock units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction by an executive to cover tax obligations. It doesn't indicate any significant positive or negative outlook for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track potential shifts in ownership and sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/18/2024 | Date of stock transaction (disposal of shares). |
| 03/20/2024 | Date of signature on the Form 4 filing. |
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