Form 4: United Community Banks CFO Reports Stock Transactions Following Vesting of Stock Units
SEC Form 4 Filing
Jefferson L. Harralson, EVP and CFO of United Community Banks, reports acquisition of shares through vesting of performance stock units and subsequent disposal to cover tax obligations.
Summary
- On February 15, 2025, Jefferson L. Harralson, the EVP and CFO of United Community Banks, acquired 5,666 shares of common stock due to the vesting of performance stock units.
- Simultaneously, 1,797 shares were disposed of at a price of $33.47 to cover tax withholding obligations related to the vesting of performance stock units.
- An additional 1,020 shares were disposed of at $33.47 to cover tax obligations related to the vesting of time-based stock units.
- Following these transactions, Harralson directly owns 53,335 shares of United Community Banks common stock.
Sentiment
Score: 5
Explanation: The document reflects routine transactions related to executive compensation and does not contain information that would significantly impact investor sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in the financial services industry.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Date of transaction: vesting of performance stock units and subsequent stock disposal for tax obligations. |
| 02/19/2025 | Date of signature by Attorney in Fact. |
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