Devine Denise L 4
4 · FULTON FINANCIAL CORP · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Fulton Financial (FULT) Director Denise Devine Exercises Derivatives, Receives Grant
What Happened
- Denise L. Devine, a Fulton Financial Corporation (FULT) director, had 5,116.838 derivative units reported as exercised/converted on June 1, 2026 (transaction code M) at $0.00 per share, and the filing also shows a corresponding disposition entry for the same 5,116.838 shares at $0.00. On the same date she was granted/awarded 4,222 restricted stock units (transaction code A) at $0.00 per share. The reported amounts reflect conversion/vesting activity and an RSU grant rather than an open-market purchase or sale.
Key Details
- Transaction date: June 1, 2026. Filing date: June 3, 2026 (timely Form 4 filing).
- Exercise/conversion: 5,116.838 shares @ $0.00 (acquired) and same amount reported as disposed @ $0.00 (derivative transaction code M).
- Grant/award: 4,222 restricted stock units @ $0.00 (transaction code A). Per filing, each RSU equals one share.
- Footnotes: the 5,116.838 shares represent 4,928 RSUs granted June 1, 2025 plus 188.838338 accumulated dividend equivalents that vested (forfeiture restrictions lapsed) on June 1, 2026. Other notes include prior dividend reinvestment additions and 1,000 shares held jointly with spouse.
- Shares owned after transaction: not specified in the provided excerpt; see the full Form 4 for total post-transaction holdings.
Context
- These transactions reflect RSU vesting/conversion and a new RSU award—not a cash purchase or market sale. The $0.00 price indicates conversion/vesting mechanics rather than a paid exercise price. The filing does not indicate a 10b5-1 plan or a market sale; the conversion and grant are standard director equity compensation events.
Insider Transaction Report
Form 4
Devine Denise L
Director
Transactions
- Exercise/Conversion
$2.50 par value Common Stock
[F1][F2]2026-06-01+5,116.838→ 43,278.841 total - Exercise/Conversion
Restricted Stock Units
[F3][F4][F5]2026-06-01−5,116.838→ 21,678.163 total→ $2.50 par value Common Stock (5,116.838 underlying) - Award
Restricted Stock Units
[F3][F6][F7][F5]2026-06-01+4,222→ 25,900.163 total→ $2.50 par value Common Stock (4,222 underlying)
Footnotes (7)
- [F1]Includes 344.388931 shares acquired on January 16, 2026 and 321.078352 shares acquired on April 16, 2026 pursuant to dividend reinvestment.
- [F2]Includes 1,000 shares held jointly with spouse.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock, $2.50 par value per share.
- [F4]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.
- [F5]Includes restricted stock units, together with accumulated dividend equivalents, for which the forfeiture restrictions have lapsed and the reporting person has made an election to defer the conversion to common stock until after the reporting person retires or separates from the Fulton Financial Corporation Board of Directors. Dividend equivalents continue to accumulate during the deferral period.
- [F6]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.
- [F7]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 for Devine, Denise L.|2026-06-03