Form 4: Fulton Financial Director Receives Equity Grant
Statement of Changes in Beneficial Ownership
Director Lisa Crutchfield was granted 4,222 restricted stock units as part of Fulton Financial Corporation's director compensation.
Summary
- Director Lisa Crutchfield received a grant of 4,222 restricted stock units (RSUs) on June 1, 2026.
- Each RSU represents a contingent right to receive one share of Fulton Financial Corporation common stock.
- The total beneficial ownership of the reporting person following this transaction is 11,938 shares of common stock and 43,967.09 restricted stock units.
- The RSUs are subject to forfeiture restrictions that lapse on the first anniversary of the grant date.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine regulatory filing regarding standard director compensation.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- Value of equity grants is subject to market fluctuations in Fulton Financial Corporation common stock.
Future Outlook
The RSUs will convert to common stock on the first anniversary of the grant or upon the director's separation from the Board, depending on the election made by the reporting person.
Industry Context
StockSavvy.ai notes that this filing is a routine disclosure of director compensation, which is standard practice for publicly traded financial institutions to ensure transparency in executive and board-level equity incentives.
Comparison to Industry Standards
- The use of restricted stock units for director compensation is consistent with standard corporate governance practices among U.S. regional banks.
- The vesting schedule and deferral options align with typical equity incentive plans for board members in the financial services sector.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Grant | Grant of 4,222 RSUs to Director Lisa Crutchfield under the 2023 Director Equity Plan. | 06/01/2026 | Standard compensation adjustment; no material change to governance structure. |
Stakeholder Impact
- Minimal impact on shareholders as this is a standard component of director compensation packages.
Next Steps
- Vesting of restricted stock units on June 1, 2027.
Key Dates
| Date | Description |
|---|---|
| 06/01/2026 | Date of the restricted stock unit grant transaction. |
| 06/03/2026 | Date the Form 4 was filed with the SEC. |
Keywords
Fulton Financial, FULT, Form 4, Director Compensation, Restricted Stock Units, Insider Transaction
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