Form 4: United Community Banks Director Kenneth L. Daniels Increases Stake in Company
SEC Form 4 Filing
Director Kenneth L. Daniels reports acquisition of 500 shares of United Community Banks, Inc. at $27.2335 per share.
Summary
- On April 28, 2025, Kenneth L. Daniels, a director of United Community Banks, Inc. (UCB), acquired 500 shares of common stock at a price of $27.2335 per share.
- Following this transaction, Daniels directly owns 18,068 shares and indirectly owns 2,500 shares through a revocable trust and 2,000 shares through an individual retirement account.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock acquisition by a director.
Positives
- The director's purchase of shares may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company insiders, such as directors and officers, regarding their company's stock.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 12/09/2016 | Date of Kenneth L. Daniels Revocable Trust |
| 04/28/2025 | Date of stock transaction |
Keywords
United Community Banks, UCB, Director, Kenneth L. Daniels, Stock Acquisition, Beneficial Ownership, Form 4
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.