UCB Director Jennifer M. Bazante Gifts 2,526 Shares

What Happened

• Jennifer M. Bazante, a director of United Community Banks, transferred 2,526 shares of the company's common stock to a family trust on July 24, 2026. The transaction is reported as a gift (codes G) with a reported price of $0.00 per share, so no cash proceeds were involved.

Key Details

• Transaction date: July 24, 2026; Form 4 filed July 28, 2026 (filed within the typical two-business-day window).
• Reported entries: Gift — 2,526 shares disposed and 2,526 shares acquired (both at $0.00).
• Shares owned after the transaction: Not provided in the excerpt.
• Footnote: The shares were transferred directly to a family trust of which Bazante is trustee; the reporting person and immediate family members are the sole beneficiaries.
• No indication of a 10% owner status or derivative transactions in the provided data.

Context

• Gifts to family trusts are commonly used for estate or family planning and do not necessarily reflect the insider's view of the company's prospects. Because this was a gift (not a purchase or sale for cash), it should not be treated as a bullish or bearish signal about UCB stock.