Fifth Third Bancorp Executive Compensation Revealed
Ticker: FITBM · Form: DEF 14A · Filed: Mar 4, 2025 · CIK: 35527
Sentiment: neutral
Topics: executive-compensation, DEF14A, equity-awards
Related Tickers: FITB
TL;DR
Fifth Third Bancorp's 2024 exec pay details are out - equity awards and stock options are key.
AI Summary
Fifth Third Bancorp filed its DEF 14A on March 4, 2025, detailing executive compensation for the fiscal year ending December 31, 2024. The filing includes information on equity awards, stock options, and changes in the fair value of outstanding awards for key personnel like Timothy N. Spence. Specific dollar amounts and dates related to these compensation elements are provided within the detailed tables.
Why It Matters
This filing provides transparency into how Fifth Third Bancorp compensates its top executives, which can influence investor perception and corporate governance.
Risk Assessment
Risk Level: low — This is a routine annual filing (DEF 14A) providing information on executive compensation and corporate governance, not indicating new or unusual risks.
Key Players & Entities
- Fifth Third Bancorp (company) — Filer of the DEF 14A
- Timothy N. Spence (person) — Member of the board/executive team, compensation details provided
- March 4, 2025 (date) — Filing date of the DEF 14A
- December 31, 2024 (date) — Fiscal year end for which compensation is reported
FAQ
What is the total reported compensation for Timothy N. Spence for the fiscal year 2024?
The filing provides detailed breakdowns of compensation components such as equity awards and stock options for Timothy N. Spence, but the total consolidated figure is not explicitly stated in the provided snippet.
When was the DEF 14A filing submitted by Fifth Third Bancorp?
The DEF 14A filing was submitted on March 4, 2025.
What fiscal year does this DEF 14A filing primarily cover?
This filing primarily covers the fiscal year ending December 31, 2024.
What type of compensation elements are detailed for executives in this filing?
The filing details equity awards, stock options, and changes in the fair value of outstanding awards granted to executives.
What is the Standard Industrial Classification (SIC) code for Fifth Third Bancorp?
The SIC code for Fifth Third Bancorp is 6022, which corresponds to State Commercial Banks.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on March 4, 2025 by Timothy N. Spence regarding FIFTH THIRD BANCORP (FITBM).