Form 4: Fulton Financial Director Martin George K. Reports Stock Transactions

Director Martin George K. of Fulton Financial Corp. reports acquisition of restricted stock units and changes in common stock holdings.

Summary

• Director Martin George K. filed a Form 4 detailing changes in beneficial ownership of Fulton Financial Corp. securities.
• On June 1, 2024, Martin George K. acquired 4,751 restricted stock units, each representing a contingent right to receive one share of Fulton Financial Corporation common stock.
• These restricted stock units will convert to common stock on the first anniversary of the grant date or in installments upon retirement.
• The director also reported owning 1,870.482 shares of common stock directly and 8,870 shares indirectly through an IRA.
• The direct holdings include 125 shares held jointly with a spouse and shares acquired through dividend reinvestment on January 17, 2024 (17.635192 shares) and April 15, 2024 (19.293732 shares).
• Martin George K. also owns 1,400 depositary shares Non-Cumulative Perpetual Series A.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing. It simply reports transactions and doesn't convey any particular positive or negative sentiment.

Future Outlook

The restricted stock units will convert to common stock on the first anniversary of the grant date or in installments upon retirement, according to the Fulton Financial Corporation Amended and Restated 2023 Director Equity Plan.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the holdings and transactions of company directors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the stock transactions of a company director.

Key Dates