DAVIS LUX MELINDA 4

What Happened

• Melinda Lux Davis, EVP, CAO & GC of United Community Banks (UCB), had 5,012 performance/time-based stock units vest on February 15, 2026 (reported Feb 18, 2026). The award (code A) shows 5,012 shares acquired at $0.00. To satisfy tax-withholding obligations (code F), 1,522 shares were withheld/disposed at $34.56 for $52,600 and 1,230 shares were withheld/disposed at $34.56 for $42,509 — a combined withholding of $95,109. Net shares retained from the vesting = 5,012 − 2,752 = 2,260 shares.

Key Details

• Transaction date: February 15, 2026; filing date: February 18, 2026.
• Award: 5,012 performance/time-based units (acquired at $0.00).
• Withheld/disposed for taxes: 1,522 shares ($52,600) and 1,230 shares ($42,509); total withheld value ≈ $95,109 at $34.56/share.
• Net shares added to holdings: 2,260 (5,012 granted − 2,752 withheld).
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnotes: F1 indicates satisfaction of performance criteria for previously awarded PSUs that vested; F2 and F3 indicate shares withheld to satisfy tax withholding for performance and time-based units.
• Filing timeliness: Filing posted Feb 18 for a Feb 15 transaction; the filing does not indicate a late-report flag.

Context

• This was a vesting of performance/time-based restricted stock units, not an open-market purchase or sale. The withheld shares (code F) reflect routine tax withholding (a cashless method) and are common when equity awards vest. Such vesting transactions are standard compensation events and do not by themselves indicate an insider buying or selling stock for investment reasons.