FULTON FINANCIAL CORP 8-K

What Happened Fulton Financial Corporation (Fulton) filed an 8-K on July 21, 2026 to announce that the board elected David S. Schulz, age 60, as a director. His term begins September 14, 2026 and expires at Fulton’s 2027 annual meeting. The board determined Mr. Schulz to be independent under NASDAQ and SEC rules, and he will serve on Fulton’s Audit Committee and Risk Committee. The Fulton Bank, N.A. board also elected him to its board effective the same date.

Key Details

• Election announced: 8-K filed July 21, 2026; term starts Sept. 14, 2026 and runs through the 2027 annual meeting.
• Experience: Former senior finance executive at Wesco International (SVP & CFO 2016–June 2020; EVP & CFO June 2020–Feb 2026; EVP & Special Advisor Feb–May 31, 2026); prior roles at Armstrong Flooring, Armstrong World Industries, Procter & Gamble, and J.M. Smucker; former U.S. Marine Corps officer.
• Compensation: Mr. Schulz will receive Fulton’s standard non-employee director compensation (annual cash retainer increased to $80,000 and annual equity award increased to $90,000 effective Jan. 1, 2026). He will also receive a pro rata grant of restricted stock units (RSUs) valued at approximately $64,400 that vest on June 1, 2027.
• Governance: Board found him independent; no related-party transactions requiring disclosure. Fulton issued a press release (Exhibit 99.1) announcing the election.

Why It Matters This is a governance and leadership update: Fulton has added an experienced finance executive and former CFO to strengthen board oversight, particularly on audit and risk matters. For investors, the move signals reinforcement of financial and risk governance with no disclosed conflicts of interest and standard director compensation (cash retainer, equity award, and a pro rata RSU grant).