Martin George K 4
Research Summary
AI-generated summary
Fulton Financial (FULT) Director George K. Martin Acquires Shares
What Happened
George K. Martin, a director of Fulton Financial Corporation (FULT), recorded two small share acquisitions via dividend reinvestment. On 2026-01-16 he received 16.814 shares at $20.14 each (≈ $339), and on 2026-04-16 he received 15.677 shares at $21.80 each (≈ $342), totaling 32.491 shares worth about $681. These were acquisitions (reinvestment of dividends), not open-market purchases or option exercises.
Key Details
- Transaction dates and prices:
- 2026-01-16: 16.814 shares @ $20.14 = $339 (code J — reinvestment)
- 2026-04-16: 15.677 shares @ $21.80 = $342 (code J — reinvestment)
- Total shares acquired: 32.491 for ≈ $681.
- Shares owned after transaction: not specified in the information provided in this summary.
- Notable footnotes from the filing:
- F1: These transactions are dividend reinvestments.
- F2–F6: Filing also references jointly held shares and various restricted stock unit (RSU) terms (conversion, forfeiture lapse, deferral options); see filing for details.
- Filing/timeliness: Form filed 2026-06-03 covering transactions on 2026-01-16 and 2026-04-16; this filing date is after the transaction dates and appears late relative to the typical Form 4 reporting window (generally 2 business days).
Context
Dividend reinvestments are routine and convert cash dividends into additional shares; they are not the same as a director choosing to buy stock on the open market. The dollar amounts here are small (~$681 total) and generally do not imply a material change in insider sentiment. The filing also notes Mr. Martin retired from the board effective May 28, 2026, which may affect treatment or deferral of certain RSUs described in the footnotes.