4//SEC Filing
RICHLOVSKY THOMAS A 4
Accession 0001181672-25-000004
CIK 0000857855other
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 4:03 PM ET
Size
5.8 KB
Accession
0001181672-25-000004
Insider Transaction Report
Form 4
RICHLOVSKY THOMAS A
Director
Transactions
- Other
Depositary Shares
2025-09-15$25.00/sh−4,000$100,000→ 0 total
Footnotes (2)
- [F1]Each depositary share represents a 1/1,000th interest in a share of the Issuer's perpetual 6.875% Non-Cumulative Preferred Stock, Series I, $1.00 par value per share with a liquidation preference of $25,000 per share (equivalent to $25.00 liquidation preference per depositary share) (the "Series I Preferred Stock"). Each depositary share entitles the holder to a proportional fractional interest in all rights and preferences of the Series I Preferred Stock (including dividend, voting, redemption and liquidation rights). The depositary shares were purchased in an underwritten public offering.
- [F2]These shares were redeemed by the issuer on September 15, 2025, in connection with the issuer's redemption of all outstanding shares of 6.875% Series I Non-Cumulative Perpetual Preferred Stock ("Preferred Stock"). The redemption resulted in a cash payment of $25,000 per share of Preferred Stock. The depository for the Preferred Stock was simultaneously redeemed, each representing a 1/1000th interest in a share of the Preferred Stock.
Documents
Issuer
UNITED COMMUNITY BANKS INC
CIK 0000857855
Entity typeother
Related Parties
1- filerCIK 0001181672
Filing Metadata
- Form type
- 4
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 4:03 PM ET
- Size
- 5.8 KB