United Community Banks (UCB) Director James P. Clements Receives Award

What Happened
James P. Clements, a director of United Community Banks, received an award of 2,330 restricted stock units (RSUs) on 2026-05-13. The Form 4 reports the acquisition price as $0 (transaction code A), reflecting a grant rather than a cash purchase or sale.

Key Details

• Transaction date: 2026-05-13; Form 4 filed: 2026-05-14 (timely filing).
• Security/amount: 2,330 restricted stock units (RSUs) acquired, reported at $0.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: RSUs vest the day before the issuer’s next annual meeting (per filing footnote).
• Transaction type: Award/Grant (code A); not a purchase or sale that immediately signals buying or selling.

Context
RSU grants to directors are common compensation to align long-term interests with shareholders. The $0 on the Form 4 reflects that the units were granted (no cash paid); the actual economic value depends on vesting and the company's future share price. This transaction is informational and does not indicate immediate market activity (no shares sold or purchased).