KUMLER ALAN H 4
Research Summary
AI-generated summary
United Community Banks (UCB) SVP Alan Kumler Sells 12,043 Shares
What Happened
Alan H. Kumler, Senior Vice President and Chief Accounting Officer of United Community Banks (UCB), sold 12,043 shares on January 23, 2026. The reported weighted-average price was $35.36 per share, for a total value of approximately $425,806. The Form 4 classifies the transaction as an open market or private sale (code S).
Key Details
- Transaction date: 2026-01-23.
- Price: Weighted average $35.36; individual trade prices ranged from $35.33 to $35.43 (per footnote).
- Shares sold: 12,043; total proceeds ≈ $425,806.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote: The reported price is a weighted average; the reporting person can provide the number of shares sold at each individual price within the $35.33–$35.43 range upon request.
- Timeliness: Filing date matches the report date (no late filing indicated in the provided data).
Context
This was a sale of existing shares rather than a purchase or option exercise. Sales by insiders can be routine (for liquidity, diversification, tax reasons, etc.) and do not by themselves indicate management’s view of the company’s prospects. Retail investors often weigh purchases more heavily as signals; note the factual details above when interpreting this sale.