Form 4: Fulton Financial Corp Executive Bernadette M. Taylor Reports Stock Transactions
SEC Form 4 Filing
Senior Executive Vice President Bernadette M. Taylor reports the acquisition and disposal of Fulton Financial Corp common stock and restricted stock units to cover tax liabilities.
Summary
- On May 8, 2025, Bernadette M. Taylor, a Senior Executive Vice President at Fulton Financial Corp, reported transactions involving the company's common stock and restricted stock units.
- Taylor acquired 178 shares of common stock through the vesting of restricted stock units.
- She also disposed of 178 shares to cover her tax liability, with the price reflecting the closing price of Fulton Financial Corporation common stock on May 1, 2025, at $16.91.
- Following these transactions, Taylor directly owns 63,573.7368 shares and indirectly owns 890.8783 shares through a child, as well as 51,894 shares held jointly with her spouse.
- She also holds 11,988.0425 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, as it's a routine disclosure.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It's a standard practice for executives to manage their stock holdings and related tax obligations.
Comparison to Industry Standards
- Form 4 filings are standard practice across publicly traded companies, including peers of Fulton Financial Corp in the financial services sector.
- Comparable companies like PNC Financial Services, M&T Bank, and Citizens Financial Group also have executives who regularly file Form 4s to report similar transactions.
- The details disclosed, such as the number of shares traded and the prices involved, are typical for these types of filings and are in line with regulatory expectations.
Stakeholder Impact
- The transactions have a minimal direct impact on shareholders, as they involve a small number of shares relative to the total outstanding.
- The filing provides transparency to stakeholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of the grant of restricted stock units that triggered the reporting person's tax liability; closing price of Fulton Financial Corporation common stock was $16.91. |
| 05/08/2025 | Date of the reported transactions: acquisition of common stock through vesting of restricted stock units and disposal of shares to cover tax liability. |
| 05/09/2025 | Date of signature by Mark A. Crowe, Attorney-in-Fact. |
Keywords
Fulton Financial Corp, Bernadette M. Taylor, stock transaction, restricted stock units, Form 4, beneficial ownership, tax liability
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