Sargent Angela M 4

4 · FULTON FINANCIAL CORP · Filed May 5, 2026

AI-generated summary of this filing

Updated May 5, 2026

Fulton Financial (FULT) SEVP Angela Sargent Exercises Options, Withholds Shares

What Happened

Angela M. Sargent, Senior EVP & Chief Information Officer of Fulton Financial Corporation, had performance-based derivative awards (PSUs/restricted stock units) convert/vest into 29,156.755 shares on May 1, 2026. The conversion was recorded at $0.00 per share (derivative conversion, not a cash purchase).
To cover tax withholding, 10,975.755 of those shares were surrendered/disposed at an implied value of $21.62 per share, totaling approximately $237,296. In addition, a grant of 4,568 restricted stock units was reported (award/RSU grant).

Key Details

Transaction date: May 1, 2026. Form filed: May 5, 2026 (appears filed late by one business day relative to the May 1 transaction).
Primary codes: M = exercise/conversion of derivative (PSU/RSU conversion); F = shares withheld for tax liability; A = grant/award of RSUs.
Shares involved: 29,156.755 shares converted from derivatives; 10,975.755 shares withheld for taxes (disposed) at $21.62 = $237,296; 4,568 RSUs granted at $0.00.
Shares owned after the transaction: not specified on the Form 4.
Notable footnotes:
- The 29,156.755 conversion reflects earned PSUs that vested based on performance (granted May 1, 2023; earned/vested May 1, 2026 per F5).
- Withheld shares represent tax withholding to cover the reporting person's tax liability (F2).
- The 4,568 RSUs are a restricted stock unit award (granted May 1, 2026) that cliff-vests in three years (F7, F8).
- Some previously reported shares include amounts acquired via dividend reinvestment earlier in 2026 (F1, F3).

Context

This was not an open-market sale for investment proceeds; the disposed shares were withheld to satisfy tax obligations associated with the vesting/conversion of awards (a common, administrative action).
The conversion/vesting reflects earned performance units rather than a cash purchase — M denotes exercise/conversion of derivative awards into shares.

Form 4

Period: 2026-05-01

SEVP & Chief Info Officer

Transactions

Exercise/Conversion
$2.50 par value Common Stock
[F1]
2026-05-01+29,156.755→ 156,442.958 total
Tax Payment
$2.50 par value Common Stock
[F2]
2026-05-01$21.62/sh−10,975.755$237,296→ 145,467.202 total
Exercise/Conversion
Performance Stock Units
[F4][F5]
2026-05-01−29,156.755→ 0 total
→ $2.50 par value Common Stock (29,156.755 underlying)
Award
Restricted Stock Units
[F6][F7][F8]
2026-05-01+4,568→ 19,923.329 total
→ $2.50 par value Common Stock (4,568 underlying)

Holdings

Footnotes (8)

[F1]Includes 1,179.59097 shares acquired on January 16, 2026 and 1,099.78486 shares acquired on April 16, 2026 pursuant to dividend reinvestment.
[F2]Represents shares withheld to cover the reporting person's tax liability.
[F3]Includes 10.3823 shares acquired on January 20, 2026 and 9.6223 shares acquired on April 20, 2026 pursuant to dividend reinvestment.
[F4]Each performance-based restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation's common stock.
[F5]Reflects the earning and vesting of certain performance-based restricted stock units ("PSUs"), including accrued dividend equivalents, as of May 1, 2026. The PSUs were granted on May 1, 2023. The PSUs were earned and vested based upon Fulton Financial Corporation's level of achievement of total shareholder return, relative to a defined peer group, and net income goals during the applicable performance periods, as specified at the time of grant.
[F6]Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock.
[F7]Restricted stock unit award granted May 1, 2026, under the Fulton Financial Corporation 2022 Amended and Restated Equity and Cash Incentive Compensation Plan.
[F8]The restricted stock units cliff-vest three years from the grant date. Vested shares, together with accumulated dividend equivalents will be delivered to the reporting person three years from the grant date.

Signature

Steven R. Horst, as attorney in fact for Sargent, Angela M.|2026-05-05

1 file