GUERRIERI GARY L 4
4 · FNB CORP/PA/ · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
FNB Chief Credit Officer Gary Guerrieri Receives RSU Award
What Happened
Gary L. Guerrieri, Chief Credit Officer of FNB (FNB), received a grant/vesting of 39,093 shares (performance-based restricted stock units) on 2026-03-18 at an implied value of $16.11 per share, totaling $629,788. To satisfy tax withholding upon vesting, 10,204 shares and 1,368 shares were withheld (disposed) at $16.11 each, totaling 11,572 shares withheld and $186,424 in value.
Key Details
- Transaction date: 2026-03-18; Form 4 filed 2026-03-19 (appears timely).
- Award: 39,093 shares @ $16.11 = $629,788 (transaction code A).
- Withheld for taxes: 10,204 shares @ $16.11 = $164,386 and 1,368 shares @ $16.11 = $22,038 (transaction code F); total withheld = 11,572 shares ($186,424).
- Price used for reporting: $16.11 per share for all items.
- Shares owned after transaction: not specified in the supplied filing data.
- Relevant footnotes from the filing:
- F1: Shares earned for the 2023–2025 performance-based RSU award.
- F2: Reported totals include dividend reinvestment and dividend equivalent units accrued since last filing.
- F3/F4: Shares were withheld to satisfy tax withholding on performance- and time-based RSU vesting.
Context
This filing reflects a vesting of performance-based RSUs (an award), with a net settlement via share withholding to cover taxes — a routine administrative step that does not necessarily signal a discretionary open-market sale or purchase. The primary economic event is receipt of vested RSUs rather than an outright purchase or sale.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-03-18$16.11/sh+39,093$629,788→ 328,668.933 total - Tax Payment
Common Stock
[F3][F2]2026-03-18$16.11/sh−10,204$164,386→ 318,464.933 total - Tax Payment
Common Stock
[F4][F2]2026-03-18$16.11/sh−1,368$22,038→ 317,096.933 total
- 90,136.724(indirect: By 401(k))
Common Stock
- 932.733(indirect: By Children)
Common Stock
[F2]
Footnotes (4)
- [F1]Shares earned for the 2023-2025 performance-based restricted stock unit award.
- [F2]The total reported in Column 5 also includes shares acquired under the Company's dividend reinvestment plan and dividend equivalent units accrued on restricted stock units since the last filing by the reporting person.
- [F3]Shares withheld to satisfy reporting person's tax withholding obligation upon the vesting of a performance-based restricted stock unit award.
- [F4]Shares withheld to satisfy reporting person's tax withholding obligation upon the vesting of a time-based restricted stock unit award.