Form 4: United Community Banks Inc. Executive Reports Stock Transactions Following Vesting of Stock Units

Mark Aaron Terry, EVP and Chief Information Officer of United Community Banks Inc., reports acquisition and disposal of common stock related to vesting of performance and time-based stock units.

Summary

• On February 15, 2025, Mark Aaron Terry, EVP and Chief Information Officer of United Community Banks Inc., acquired 1,666 shares of common stock due to the vesting of performance stock units.
• On the same date, Terry disposed of 598 shares at $33.47 to cover tax obligations related to the vesting of performance stock units.
• Additionally, 384 shares were disposed of at $33.47 to cover tax obligations related to the vesting of time-based stock units.
• Following these transactions, Terry directly owns 21,767 shares of United Community Banks Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing reflects routine transactions related to executive compensation. The vesting of performance stock units suggests the achievement of performance goals, which is mildly positive, but the tax-related sales are neutral.

Positives

• The vesting of performance stock units indicates that performance criteria were met, which could be seen as a positive sign for the company's performance.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, allowing investors to track executive sentiment and potential alignment with shareholder interests.

Stakeholder Impact

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

Key Dates

Keywords

Form 4, Stock Units, Vesting, Executive Compensation, United Community Banks Inc., UCB, Insider Trading, Stock Disposal, Stock Acquisition, Mark Aaron Terry