---
schema_version: "secwatch.filing_event.v1"
accession: "0000035527-26-000126"
form_type: "8-K"
ticker: "FITB"
cik: "0000035527"
company_name: "FIFTH THIRD BANCORP"
filed_at: "2026-02-24T23:59:59+00:00"
generated_at: "2026-05-16T00:57:09.741973+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Fifth Third awards PSUs tied to Comerica integration; CEO receives $5M grant

## Summary
- CEO Timothy Spence receives PSU grant with $5M value, shares must be held until 2031.
- COO James Leonard receives PSU award value of $1.5M; CFO, CRO, CIO each $1M.
- PSUs vest 50% on first anniversary, 50% on second; payout 0-125% based on integration scorecard.
- Performance period from Feb 1, 2026 to Dec 31, 2026; forfeiture risk if ROTCE below 2%.
- Awards designed to incentivize successful merger integration with Comerica.

## SEC filing metadata
- accession: 0000035527-26-000126
- form_type: 8-K
- ticker: FITB
- cik: 0000035527
- company_name: FIFTH THIRD BANCORP
- filed_at: 2026-02-24T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/35527/000003552726000126/0000035527-26-000126-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/35527/000003552726000126/fitb-20260218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000035527-26-000126
- JSON: https://secwatch.observer/filing/0000035527-26-000126.json
- Plain text: https://secwatch.observer/filing/0000035527-26-000126.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.