Form 4: United Community Banks EVP Bradshaw Reports Stock Grant and Disposal
SEC Form 4 Filing
Richard Bradshaw, EVP and Chief Banking Officer of United Community Banks, reports the acquisition of restricted stock units and disposal of common stock.
Summary
- Richard Bradshaw, an EVP and Chief Banking Officer at United Community Banks Inc., filed a Form 4.
- The report details a transaction on February 10, 2025, where Bradshaw acquired 9,965 shares of common stock through a grant of time-based restricted stock units.
- These restricted stock units vest in four equal installments of 25% on February 15th of 2026, 2027, 2028, and 2029.
- On the same date, Bradshaw disposed of 9,965 shares of common stock.
- Following these transactions, Bradshaw beneficially owns 77,841 shares of United Community Banks Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates Bradshaw's acquisition of stock through a pre-determined compensation plan.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of stock grant and disposal. |
| 02/11/2025 | Date of signature on the Form 4 filing. |
| 02/15/2026 | First vesting date (25%) of restricted stock units. |
| 02/15/2027 | Second vesting date (25%) of restricted stock units. |
| 02/15/2028 | Third vesting date (25%) of restricted stock units. |
| 02/15/2029 | Final vesting date (25%) of restricted stock units. |
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