Form 4: Fulton Financial Corp: Insider Stock Transactions

Andrew B. Fiol, Sr. Executive Vice President at Fulton Financial Corp, reported transactions involving common stock, including purchases through an employee stock purchase plan and the vesting of performance-based and restricted stock units.

Summary

• Andrew B. Fiol, Sr. Executive Vice President of Fulton Financial Corporation, has reported several transactions related to the company's common stock.
• These transactions include a purchase of common stock through the Employee Stock Purchase Plan on March 12, 2026, for $19.645 per share.
• On May 1, 2026, Fiol acquired 34,272.381 shares with a transaction value of $0.00, reflecting the earning and vesting of performance-based restricted stock units (PSUs) granted on May 1, 2023.
• Additionally, on May 1, 2026, 6,830 restricted stock units (RSUs) were awarded under the company's 2022 Equity and Cash Incentive Compensation Plan.
• These RSUs cliff-vest three years from the grant date, with vested shares and dividend equivalents to be delivered at that time.
• Shares were also withheld on May 1, 2026, to cover tax liabilities, amounting to 9,766.381 shares at a price of $21.62 per share.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it primarily details routine insider stock transactions, including purchases, vesting of equity awards, and tax withholdings, without indicating significant positive or negative shifts in insider confidence.

Positives

• Acquisition of shares through the Employee Stock Purchase Plan indicates employee participation and investment in the company.
• Vesting of performance-based restricted stock units (PSUs) suggests the company met certain performance goals related to total shareholder return and net income.
• Grant of new restricted stock units (RSUs) shows continued incentive alignment for key personnel.

Negatives

• Withholding of shares to cover tax liabilities represents a disposition of equity that could otherwise be held by the reporting person.

Future Outlook

Restricted stock units awarded on May 1, 2026, are set to cliff-vest three years from the grant date, at which point vested shares and accumulated dividend equivalents will be delivered.

Industry Context

StockSavvy.ai notes that insider transactions, such as those reported on Form 4, provide transparency into the holdings and activities of company executives and directors, offering potential insights into their confidence in the company's future performance.

Stakeholder Impact

• Shareholders: Increased transparency into insider equity holdings and transactions.
• Employees: The Employee Stock Purchase Plan and equity awards demonstrate ongoing employee incentive and participation programs.
• Management: Andrew B. Fiol's transactions reflect personal investment and compensation related to his role.

Next Steps

• Delivery of vested shares and accumulated dividend equivalents for RSUs granted on May 1, 2026, three years from the grant date.

Key Dates

Keywords

Fulton Financial Corp, Form 4, Insider Trading, Stock Purchase Plan, Restricted Stock Units, Performance Stock Units, Beneficial Ownership, SEC Filing, Equity Compensation