Mann Jennifer 4
Research Summary
AI-generated summary
United Community Banks (UCB) Director Jennifer Mann Receives Award
What Happened
- Jennifer Mann, a director of United Community Banks, received a grant of 2,330 restricted stock units (RSUs) on 2026-05-13. The reported acquisition price is $0.00, reflecting an award rather than a market purchase; the filing shows total value $0 for the transaction line.
Key Details
- Transaction date: 2026-05-13 (Form 4 filed 2026-05-14)
- Transaction type/code: Award/Grant (A)
- Shares/units granted: 2,330 RSUs; price per unit reported $0.00
- Shares owned after transaction: not specified in the filing
- Footnote: Grant of 2026 restricted stock units that vest the day before the issuer's next annual meeting (per Footnote F1)
- Filing timeliness: Filed the day after the transaction (no late-filing indication)
Context
- RSUs are compensation awards that convert to actual shares only when they vest; no cash purchase occurred. Director grants are routine corporate compensation and do not, by themselves, indicate a buy or sell signal in the open market.