4Filed Jul 27, 8:00 PM ET
United Community Banks (UCB) Director Kenneth L. Daniels Gifts 2,526 Shares
$UCB · UNITED COMMUNITY BANKS INCResearch Summary
AI-generated summary of this SEC filing
United Community Banks (UCB) Director Kenneth L. Daniels Gifts 2,526 Shares
What Happened
- Kenneth L. Daniels, a director of United Community Banks, reported gifting 2,526 shares of UCB common stock on July 24, 2026. The Form 4 shows both a disposition and an acquisition of 2,526 shares at $0.00 (transaction code G for gift), i.e., a transfer with no cash value reported.
Key Details
- Transaction date: July 24, 2026; Report filed: July 28, 2026 (filed within required reporting window).
- Price per share reported: $0.00 (gift); Total reported consideration: $0.
- Shares reported transferred: 2,526 (disposed and acquired by the related trust).
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Footnote (F1): Daniels transferred 2,526 shares directly to a family trust of which he is trustee; the reporting person and immediate family members are the sole beneficiaries.
- Transaction code: G = Gift. No indication of a 10b5-1 plan, option exercise, or tax withholding in this filing.
Context
- This was a non-market transfer to a family trust (Daniels is trustee and family are sole beneficiaries). Gifts and intra-family transfers are generally estate-planning or personal-ownership actions and do not necessarily indicate a change in an insider’s view of the company’s stock.