Cossetti Anthony 4

4 · FULTON FINANCIAL CORP · Filed May 5, 2026

AI-generated summary of this filing

Updated May 5, 2026

Fulton Financial CAO Anthony Cossetti Exercises PSUs, Receives RSU Award

What Happened

Anthony Cossetti, Chief Accounting Officer of Fulton Financial Corporation (FULT), had performance-based restricted stock units (PSUs) earn and vest as of May 1, 2026, converting into 5,281.755 shares. To cover tax withholding, 1,506.755 of those shares were withheld (valued at $21.62/share for a withholding value of $32,576). In addition, Cossetti received a grant of 4,197 restricted stock units (RSUs) on May 1, 2026.

Key Details

Transaction date(s): May 1, 2026; Form 4 filed May 5, 2026 (filed within required two business days).
PSUs converted: 5,281.755 shares (performance-based; granted May 1, 2023 and vested based on TSR vs. peers and net income goals).
Tax withholding: 1,506.755 shares withheld at $21.62/share to cover $32,576 (routine tax withholding).
New RSU grant: 4,197 RSUs granted May 1, 2026 under the company’s equity plan; cliff-vest in three years and include accumulated dividend equivalents.
Shares owned after the transactions: not specified in the filing.
Codes: M = exercise/conversion of derivative (PSUs); F = tax withholding; A = award/grant.

Context

The PSU conversion reflects earned performance awards rather than an open-market purchase or sale; withholding shares to cover taxes is a routine administrative step and not a market sell signal. The new RSU award vests on a three-year cliff and will be deliverable with dividend equivalents at vesting.

Form 4

Period: 2026-05-01

Chief Accounting Officer

Transactions

Exercise/Conversion
$2.50 par value Common Stock
2026-05-01+5,281.755→ 7,832.755 total
Tax Payment
$2.50 par value Common Stock
[F1]
2026-05-01$21.62/sh−1,506.755$32,576→ 6,326 total
Exercise/Conversion
Performance Stock Units
[F2][F3]
2026-05-01−5,281.755→ 0 total
→ $2.50 par value Common Stock (5,281.755 underlying)
Award
Restricted Stock Units
[F4][F5][F6]
2026-05-01+4,197→ 12,824.304 total
→ $2.50 par value Common Stock (4,197 underlying)

Footnotes (6)

[F1]Represents shares withheld to cover the reporting person's tax liability.
[F2]Each performance-based restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation's common stock.
[F3]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.
[F4]Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock.
[F5]Restricted stock unit award granted May 1, 2026, under the Fulton Financial Corporation 2022 Amended and Restated Equity and Cash Incentive Compensation Plan.
[F6]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 Cossetti, Anthony|2026-05-05

2 files