Fifth Third Bancorp approves merger integration PSU awards for top executives

Reuters02-25 06:01

<a href="https://laohu8.com/S/FITBM">Fifth Third Bancorp</a> approves merger integration PSU awards for top executives

Fifth Third Bancorp’s board compensation committee approved performance share unit awards on Feb. 18, 2026 for several named executive officers tied to an integration scorecard for the Comerica merger. The PSUs cover a Feb. 1–Dec. 31, 2026 performance period with payouts ranging from 0% to 125%, and vest 50% on the first and 50% on the second anniversary of the grant date, subject to continued employment and specified termination provisions. Awards include $1.5 million for COO James C. Leonard; $1.0 million each for CFO Bryan D. Preston, CRO Robert P. Shaffer, and CIO Jude A. Schramm; and $5.0 million for CEO Timothy N. Spence, who must hold vested shares net of tax until Feb. 18, 2031.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fifth Third Bancorp published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000035527-26-000126), on February 24, 2026, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/FITBP\">Fifth Third Bancorp</a> published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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