Form 4: UCB CEO Sells Shares for Tax Withholding

United Community Banks CEO H. Lynn Harton disposed of 1,090 shares of common stock to cover tax obligations related to vested equity.

Summary

• H. Lynn Harton, President & CEO and Director of United Community Banks Inc. (UCB), disposed of 1,090 shares of common stock.
• The transaction occurred on August 15, 2025, at a price of $31.21 per share.
• The shares were withheld by the issuer to satisfy tax withholding obligations upon the vesting of time-based stock units.
• Following this transaction, H. Lynn Harton directly owns 213,734 shares and indirectly owns 109,123 shares through a revocable trust.

Sentiment

Score: 6

Explanation: The transaction is a routine tax withholding related to equity vesting, which is a neutral to slightly positive event as it signifies earned compensation for the executive.

Positives

• The transaction indicates the vesting of time-based stock units, which is a positive event for the executive, reflecting earned compensation.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• H. Lynn Harton indirectly owns 109,123 shares through the Herbert Lynn Harton Revocable Trust dated 3/16/15.

Stakeholder Impact

• Shareholders: The transaction is a routine insider filing and is unlikely to have a significant direct impact on shareholders, as it represents a small, non-discretionary disposition of shares for tax purposes.

Key Dates

Recommendation

This Form 4 filing details a routine insider transaction where shares were disposed of to cover tax obligations upon the vesting of equity awards. It does not provide new fundamental information about the company's operations, financial performance, or strategic direction that would warrant a change in investment recommendation. It is a standard compensation-related event for an executive.

Keywords

United Community Banks, UCB, Form 4, Insider Transaction, Stock Vesting, Tax Withholding, H. Lynn Harton, CEO, Director, Equity Compensation