Company: FITBI
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000035527-25-000079
Chunk: 156

Company: FIFTH THIRD BANCORP
Filing Date: 2025-02-24
Form: 10-K
Item: Item 7A
Chunk 156
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23.72 9,112 $22.22 11,185 $20.47 Granted316 33.51 253 37.19 304 46.96 Exercised(3,010)20.01 (2,011)18.42 (2,358)17.05 Forfeited or expired(1)19.01 (23)40.36 (19)30.43 Outstanding at December 314,636 $26.80 7,331 $23.72 9,112 $22.22 Exercisable at December 314,063 $25.39 6,796 $22.44 8,487 $20.97 The following table summarizes outstanding and exercisable SARs by grant price per share at December 31, 2024:Outstanding SARsExercisable SARsSARs (in thousands, except per share data)Number ofSARsWeighted-Average Grant Price Per ShareWeighted-Average RemainingContractual Life(in years)Number ofSARsWeighted-Average Grant Price Per ShareWeighted-Average RemainingContractual Life(in years)$10.01-$20.001,673 $18.28 0.91,673 $18.28 0.9$20.01-$30.001,615 27.10 3.01,615 27.10 3.0$30.01-$40.001,105 34.27 7.0612 33.90 5.5Over $40.00243 49.51 7.1163 49.51 7.1All SARs4,636 $26.80 3.44,063 $25.39 2.7Restricted Stock Units  The total grant-date fair value of RSUs that were released during the years ended December 31, 2024, 2023 and 2022 was $141 million, $130 million and $110 million, respectively. At December 31, 2024, there was $168 million of stock-based compensation expense related to outstanding RSUs not yet recognized. The expense is expected to be recognized over an estimated remaining weighted-average period at December 31, 2024 of 2.3 years.The following table summarizes