Form 4: United Community Banks Inc. Executive Holly N. Berry Reports Stock Transactions

Holly N. Berry, EVP and Chief HR Officer of United Community Banks Inc., reports acquisition and disposal of common stock related to vesting of stock units.

Summary

• On February 15, 2025, Holly N. Berry, EVP and Chief HR Officer of United Community Banks Inc., acquired 896 shares of common stock due to the vesting of performance stock units.
• On the same date, Berry disposed of 323 shares at $33.47 to cover tax obligations related to the vesting of performance stock units.
• Additionally, 494 shares were disposed of at $33.47 to cover tax obligations related to the vesting of time-based stock units.
• Following these transactions, Berry directly owns 7,689 shares of United Community Banks Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, which has a neutral sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in the financial industry. It provides transparency into the executive's holdings and transactions in the company's stock.

Comparison to Industry Standards

• Executive stock transactions are a common occurrence in publicly traded companies, including those in the banking sector like Bank of America (BAC), JPMorgan Chase (JPM), and Wells Fargo (WFC).
• These companies also require their executives to disclose stock transactions via Form 4 filings with the SEC.
• The size and frequency of these transactions can vary based on the executive's compensation package and the company's stock performance.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, United Community Banks Inc., UCB, Holly N. Berry, Executive Compensation, Stock Units, Vesting, Tax Withholding