United Community Banks (UCB) Director Thomas Richlovsky Gifts 2,526 Shares

What Happened

• Thomas A. Richlovsky, a director of United Community Banks, transferred (gifted) 2,526 shares of UCB common stock on July 24, 2026. The transaction is reported as a gift (code G) at $0 per share (total $0). The Form 4 shows both a disposition and an acquisition entry reflecting the transfer into a trust.

Key Details

• Transaction date: July 24, 2026; Form 4 filed July 28, 2026 (filed on time under the two-business-day rule).
• Transaction type/code: Gift (G); price per share reported $0; total reported value $0.
• Shares moved: 2,526 shares.
• Shares owned after transaction: Not specified in the provided filing data.
• Footnote: The filing states the 2,526 shares were transferred directly to a family trust of which Richlovsky is trustee; the reporting person and immediate family members are the sole beneficiaries.
• Interpretation note: Gift entries often reflect estate or family planning transfers rather than buying/selling for investment reasons.

Context

• A gift to a family trust does not necessarily signal a change in the insider’s view of the company. Because Richlovsky is trustee and the reporting person and immediate family are sole beneficiaries, beneficial interests may effectively remain with the family; the filing simply documents the formal transfer.