Fifth Third Bancorp CEO Timothy Spence reports $2.52 million common share disposal
FITB•Fifth Third Bancorp Chair, CEO and President Timothy N. Spence reported disposing of common shares, including 8,257 shares at $54.5001 on October 29. After the transactions, his direct ownership stood at 601,369 common shares.
1. Share transactions
Spence sold 8,257 common shares at $54.5001 on October 29. On October 28, he exercised 26,829 stock appreciation rights at $26.72 and another 26,393 at $29.64, and disposed of 38,768 common shares at $53.47. He also disposed of 4,620 common shares on October 29. His direct ownership stood at 601,369 common shares following the transactions, according to a Form 4 dated October 30.
