RICHLOVSKY THOMAS A 4
Research Summary
AI-generated summary
UCB Director Thomas A. Richlovsky Receives 2,330-Unit Award
What Happened
- Thomas A. Richlovsky, a director of United Community Banks, was granted 2,330 restricted stock units (RSUs) on 2026-05-13. The reported acquisition price is $0.00 (award/grant), so no cash was exchanged at grant. These RSUs will convert to shares if and when they vest.
Key Details
- Transaction date: 2026-05-13; Form 4 filed: 2026-05-14 (timely filing).
- Transaction type/code: Award/Grant (A).
- Shares/units granted: 2,330 RSUs; reported price per share/unit: $0.00.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnote: Grant of 2026 restricted stock units that vest the day before the issuer's next annual meeting.
- No 10b5-1 plan, sale, purchase, or tax-withholding details were reported in this filing.
Context
- RSUs are a form of compensation that convert to shares upon vesting; this is a typical director compensation event rather than an open-market purchase or sale. Such awards don't indicate immediate buying or selling conviction by the insider; they reflect compensation terms and future potential ownership if vesting conditions are met.