Bazante Jennifer M. 4
Research Summary
AI-generated summary
United Community Banks Director Jennifer Bazante Receives Award — 2,330 RSUs
What Happened
- Jennifer M. Bazante, a director of United Community Banks, received a grant of 2,330 restricted stock units (RSUs) on 2026-05-13. The reported acquisition price is $0.00 and the filing lists total value as $0 (the award represents compensation, not a cash purchase).
Key Details
- Transaction date: 2026-05-13; Form 4 filed: 2026-05-14 (filed within the typical 2-business-day window).
- Shares/units granted: 2,330 RSUs; reported price: $0.00; reported aggregate value: $0.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: F1 — these are 2026 restricted stock units that vest the day before the issuer’s next annual meeting.
- Transaction code: A (award/grant).
Context
- RSU grants to directors are common as part of compensation and do not involve an outlay of cash; they typically convert to shares upon vesting and may be subject to holding requirements or tax-withholding. This award is not a sale or market purchase and should be viewed as a compensation grant rather than a direct bullish or bearish trading signal.