Bazante Jennifer M. 4
Research Summary
AI-generated summary
United Community Banks (UCB) Director Jennifer Bazante Gifts 1,916 Shares
What Happened
Jennifer M. Bazante, a director of United Community Banks, transferred (gifted) 1,916 shares of UCB common stock on January 28, 2026. The reported transactions show the shares disposed from her direct holdings and acquired by a family trust; the reported price per share is $0.00 and the transaction value is $0.
Key Details
- Transaction date: 2026-01-28. Transaction code: G (Gift). Reported price: $0.00 per share. Total shares: 1,916. Reported total value: $0.
- Filing: Form 4 filed on 2026-01-28 (same-day reporting per the filing header).
- Shares owned after the transaction: not specified in the provided filing details.
- Footnote: The shares were transferred directly by Ms. Bazante to a family trust of which she is trustee; she and immediate family members are the trust’s sole beneficiaries.
Context
- This was a gift/transfer to a family trust, not an open-market sale, so there were no proceeds and it does not directly signal buying or selling intent in the market.
- Gifts are often estate- or family-planning moves rather than indications of sentiment about the company; the filing provides no further explanation.