---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-164752"
form_type: "8-K"
ticker: "FNB"
cik: "0000037808"
company_name: "FNB CORP/PA/"
filed_at: "2022-06-01T23:59:59+00:00"
generated_at: "2026-06-25T05:39:01.408072+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# F.N.B. Corp. to acquire UB Bancorp at 1.61 exchange ratio, expected close late 2022

## Summary
- Fixed exchange ratio of 1.61 FNB shares per UB Bancorp share; cash for fractional shares.
- Termination fee of $4.0 million payable by UB Bancorp under certain conditions.
- UB Bancorp directors, officers, and a stockholder signed voting agreements to support the merger.
- Merger expected to close in late 2022, not before Sep 30, subject to approvals.
- Intended to qualify as tax-free reorganization under Section 368(a) of the Code.

## SEC filing metadata
- accession: 0001193125-22-164752
- form_type: 8-K
- ticker: FNB
- cik: 0000037808
- company_name: FNB CORP/PA/
- filed_at: 2022-06-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/37808/000119312522164752/0001193125-22-164752-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/37808/000119312522164752/d354662d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-164752
- JSON: https://secwatch.observer/filing/0001193125-22-164752.json
- Plain text: https://secwatch.observer/filing/0001193125-22-164752.txt

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