Form 4: United Community Banks Director James John Marc Reports Changes in Beneficial Ownership

Director James John Marc reports acquisition and disposal of United Community Banks Inc. stock, including a grant of restricted stock units.

Summary

• On May 15, 2024, James John Marc, a director of United Community Banks Inc. (UCBI), reported changes in beneficial ownership of the company's stock.
• Marc acquired 2,413 shares of common stock at $0, likely through a grant of restricted stock units.
• He also disposed of 3,446 shares.
• Following these transactions, Marc beneficially owns 3,446 shares of UCBI common stock.
• The restricted stock units vest the day before the Issuer's next annual meeting of shareholders.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral.

Positives

• The grant of restricted stock units to a director aligns their interests with those of the shareholders.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions may provide insights into the director's view of the company's prospects, which could influence shareholder sentiment.

Key Dates