FULTON FINANCIAL CORP·4

Jun 3, 4:14 PM ET

Wenger E Philip 4

4 · FULTON FINANCIAL CORP · Filed Jun 3, 2026

Research Summary

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Fulton Financial (FULT) Director E. Philip Wenger Exercises RSUs

What Happened

  • E. Philip Wenger, a director of Fulton Financial Corporation, had derivative/award activity on June 1, 2026. The filing shows conversion/exercise of 5,116.838 derivative units (reported at $0) and a grant/award acquisition of 4,222 shares (reported at $0). The derivative conversion/disposition and the award reflect restricted stock unit (RSU) activity rather than an open-market buy or sale.

Key Details

  • Transaction dates: June 1, 2026; Form 4 filed June 3, 2026 (filed within the typical 2‑business‑day window).
  • Reported prices/values: all entries reported at $0 (these are RSU conversions/awards, not cash purchases or market sales).
  • Share counts in this filing: 5,116.838 shares converted/exercised (and reported disposed as derivative), and 4,222 shares granted/received.
  • Shares owned after transaction: filing notes 120,996.5261 shares held jointly with spouse (footnote F1); converted RSU shares are reported in Table I of the Form 4.
  • Notable footnotes:
    • F2: Each RSU equals a contingent right to one Fulton common share.
    • F3: The 5,116.838 figure reflects 4,928 RSUs granted June 1, 2025 plus 188.838 dividend equivalents; forfeiture restrictions lapsed June 1, 2026.
    • F4/F5: RSU conversion timing and forfeiture‑lapse rules per the company’s director equity plan.
  • No 10b5-1 plan, tax‑withholding sale, or late filing is indicated in the provided details.

Context

  • These entries reflect RSU vesting/conversion and an award grant — routine equity compensation for directors — rather than an open‑market purchase or sale that would signal a straightforward bullish or bearish stance. Derivative entries reported at $0 are typical for RSU conversions; the economic value is the market value of the shares received but is not shown in the Form 4 transaction price.

Insider Transaction Report

Form 4
Period: 2026-06-01
Transactions
  • Exercise/Conversion

    $2.50 par value Common Stock

    [F1]
    2026-06-01+5,116.838583,918.883 total
  • Exercise/Conversion

    Restricted Stock Units

    [F2][F3]
    2026-06-015,116.8380 total
    $2.50 par value Common Stock (5,116.838 underlying)
  • Award

    Restricted Stock Units

    [F2][F4][F5]
    2026-06-01+4,2224,222 total
    $2.50 par value Common Stock (4,222 underlying)
Holdings
  • $2.50 par value Common Stock

    (indirect: By Children)
    459.673
  • $2.50 par value Common Stock

    (indirect: By IRA)
    80,477
Footnotes (5)
  • [F1]Includes 120,996.5261 shares held jointly with spouse.
  • [F2]Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock, $2.50 par value per share.
  • [F3]Represents 4,928 restricted stock units granted to the reporting person on June 1, 2025, together with 188.838338 accumulated dividend equivalents, for which the forfeiture restrictions lapsed on June 1, 2026. The common stock into which the restricted stock units were converted is reported in Table I of this Form 4.
  • [F4]The restricted stocks units, together with accumulated dividend equivalents, will convert to common stock on the first anniversary of the date of the grant or, at the election of the reporting person, in up to three equal annual installments beginning in January of the year following the year in which the reporting person retires or separates from the Fulton Financial Corporation Board of Directors.
  • [F5]Forfeiture restrictions lapse on the restricted stock units on the first anniversary of the date of grant, or earlier in accordance with the Fulton Financial Corporation Amended and Restated 2023 Director Equity Plan.
Signature
Steven R. Horst, as attorney in fact|2026-06-03

Documents

1 file
  • 4
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