Form 4: United Community Banks Director Bazante Reports Stock Grant and Trust Holdings

Director Jennifer M. Bazante reports acquisition of restricted stock units and indirect holdings through a revocable trust.

Summary

• Jennifer M. Bazante, a director of United Community Banks, Inc. (UCB), reported a transaction on May 14, 2025.
• Bazante acquired 2,526 shares of common stock through a grant of restricted stock units at a price of $0.
• These restricted stock units vest the day before the Issuer's next annual meeting.
• Following the transaction, Bazante directly owns 6,812 shares of UCB common stock.
• Bazante also indirectly owns 4,104 shares through the Jennifer Mumby Bazante Revocable Trust dated August 26, 2021.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and alignment of interests with shareholders.

Positives

• The acquisition of restricted stock units aligns the director's interests with those of the shareholders.

Future Outlook

The restricted stock units vest the day before the Issuer's next annual meeting.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• The acquisition of restricted stock units by a director can be viewed positively by shareholders as it aligns the director's interests with the company's performance.

Key Dates

Keywords

Form 4, Beneficial Ownership, Director, United Community Banks, UCB, Bazante, Restricted Stock Units, Revocable Trust