Form 4: United Community Banks Executive Gifts Shares Under 10b5-1 Plan

Richard Bradshaw, EVP and Chief Banking Officer of United Community Banks Inc., reported gifting 483 shares of common stock, reducing his direct beneficial ownership to 77,912 shares, under a pre-arranged Rule 10b5-1 plan.

Summary

• Richard Bradshaw, EVP, Chief Banking Officer of United Community Banks Inc. (UCB), reported a transaction involving company common stock.
• On July 31, 2025, Bradshaw disposed of 483 shares of UCB Common Stock.
• The transaction was a gift, indicated by a price of $0 per share.
• Following this transaction, Bradshaw directly beneficially owns 77,912 shares of UCB Common Stock.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: Neutral. A gift transaction by an executive is a routine insider filing and does not inherently indicate positive or negative sentiment about the company's performance or outlook.

Positives

• The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-arranged and transparent disposition, which aligns with good corporate governance practices.

Negatives

• A reduction in direct beneficial ownership by a key executive, even if a gift, slightly decreases the executive's direct equity alignment with shareholders.

Corporate Governance

Stakeholder Impact

• Minimal direct impact on shareholders due to the small number of shares involved in the gift transaction.
• No direct impact on employees, customers, suppliers, or creditors from this specific filing.

Key Dates

Keywords

United Community Banks, UCB, Richard Bradshaw, Insider Transaction, Form 4, Stock Gift, Executive Compensation, Beneficial Ownership, Rule 10b5-1