United Community Banks (UCB) CFO Jefferson L. Harralason Sells 25,000 Shares
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United Community Banks (UCB) CFO Jefferson L. Harralason Sells 25,000 Shares
What Happened
Jefferson L. Harralason, Executive Vice President and Chief Financial Officer of United Community Banks, sold 25,000 shares in an open-market transaction on July 28, 2026. The reported weighted-average sale price was $35.41 per share, generating proceeds of approximately $885,250. This was a sale (not a purchase), which is commonly routine insider selling and does not by itself indicate company performance.
Key Details
- Transaction date: July 28, 2026
- Transaction type/code: Open-market sale (S)
- Shares sold: 25,000
- Reported weighted-average price: $35.41; total proceeds ≈ $885,250
- Price range for the multiple trades: $35.32 to $35.60 (footnote indicates multiple transactions; detailed per-price breakdown available on request)
- Shares owned after transaction: Not disclosed in the Form 4 filing provided here
- Filing timeliness: Report filed on the same date as the transaction (timely)
Context
This was a straightforward open-market sale. Footnote F1 clarifies the weighted-average price reflects multiple trades within the $35.32–$35.60 range; the reporting person can provide specifics upon request. Sales by executives are often for personal liquidity or portfolio management and are not, by themselves, a definitive signal about company fundamentals.