Form 4: FNB Corp Executive Reports Stock Transaction

David Bryant Mitchell, Chief Wholesale Banking Officer at FNB Corp, reports a disposition of shares to cover tax obligations and updates beneficial ownership.

Summary

• On March 18, 2024, David Bryant Mitchell, Chief Wholesale Banking Officer of FNB Corp, filed a Form 4.
• The form reports a transaction where 1,597 shares of common stock were disposed of at a price of $13.31 per share to cover tax obligations.
• Following the transaction, Mitchell directly owns 99,939 shares of FNB Corp common stock.
• Mitchell also indirectly owns 12,635.854 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 standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a sale of shares to cover tax obligations, which is a common practice.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares by an executive to cover tax obligations.

Key Dates