Company: FITBI
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000035527-25-000079
Chunk: 351

Company: FIFTH THIRD BANCORP
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 351
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 RSUs activity for the years ended December 31:202420232022RSUs (in thousands, except per unit data)Units Weighted-Average Grant-Date Fair Value Per UnitUnits Weighted-Average Grant-Date Fair Value Per UnitUnits Weighted-Average Grant-Date Fair Value Per UnitOutstanding at January 110,365 $37.63 9,906 $38.04 9,487 $30.67 Granted4,546 33.87 4,763 34.94 4,682 47.11 Released(3,751)37.54 (3,696)35.04 (3,608)30.54 Forfeited(396)36.37 (608)38.75 (655)37.12 Outstanding at December 3110,764 $36.12 10,365 $37.63 9,906 $38.04 The following table summarizes outstanding RSUs by grant-date fair value per unit at December 31, 2024:Outstanding RSUsRSUs (in thousands)Units       Weighted-Average Remaining Contractual Life (in years)Under $25.00554 0.4$25.01-$30.00403 0.8$30.01-$35.004,940 1.4$35.01-$40.003,160 1.2$40.01-$45.00124 1.6$45.01 and over1,583 0.6All RSUs10,764 1.1

184 Fifth Third Bancorp

Table of ContentsNOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Stock Options There were no stock options granted during the years ended December 31, 2024, 2023 and 2022. The Bancorp generally utilizes the Black-Scholes option pricing model to measure the fair value of stock option grants.The total intrinsic value of stock options exercised was $2 million, $1 million and $2 million for the years ended December 31, 2024, 2023 and 2022, respectively. Cash received from stock options exercised was $2 million, $1 million and $1 million for the years ended December 31, 2024, 2023 and