Pergolin Antoinette M 4
4 · FULTON FINANCIAL CORP · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Fulton Financial (FULT) Director Antoinette Pergolin Converts RSUs, Receives Award
What Happened
- Antoinette M. Pergolin, a director of Fulton Financial Corporation (FULT), reported the conversion/exercise of restricted stock units (derivative instruments) that resulted in 5,116.838 shares on June 1, 2026 (reported at $0.00, total $0). The Form 4 also shows a simultaneous derivative “disposed” entry for 5,116.838 shares (reported as $0) and a separate grant/award of 4,222 shares (reported at $0.00, total $0).
- This activity reflects vesting/conversion and an award rather than an open‑market purchase or sale for cash; no sale proceeds or cash purchase are reported.
Key Details
- Transaction date: June 1, 2026; Form 4 filed June 3, 2026 (timely filing).
- Prices/value: all entries reported at $0.00 (total reported value $0).
- Shares resulting from conversion: 5,116.838 (per Table II entries); additional grant/award: 4,222 shares.
- Shares owned after transaction: not provided in the excerpt of this Form 4.
- Notable footnotes from the filing:
- F2: Each restricted stock unit (RSU) equals one share of common stock.
- F3: The 5,116.838 shares represent 4,928 RSUs granted June 1, 2025 plus 188.838338 accumulated dividend equivalents; these forfeiture restrictions lapsed June 1, 2026 and converted to common stock (reported in Table I).
- F4–F6: Describe deferral elections, conversion schedules, and forfeiture-lapse rules that can affect timing of actual stock delivery.
- The Form reports a simultaneous acquisition and disposition of the same 5,116.838 derivative shares; the filing’s footnotes tie this to vested RSUs converting to common stock (reporting mechanics vary and do not, by themselves, indicate a market sale for cash).
Context
- For retail investors: this looks like routine director equity vesting and award activity (vesting/conversion and an award grant), not an open-market trade signaling immediate buying or selling for cash. Footnotes explain the source (prior RSU grant and dividend equivalents) and options for deferral of conversion or installment delivery.
Insider Transaction Report
Form 4
Pergolin Antoinette M
Director
Transactions
- Exercise/Conversion
$2.50 par value Common Stock
[F1]2026-06-01+5,116.838→ 8,431.221 total - Exercise/Conversion
Restricted Stock Units
[F2][F3][F4]2026-06-01−5,116.838→ 25,593.19 total→ $2.50 par value Common Stock (5,116.838 underlying) - Award
Restricted Stock Units
[F2][F5][F6][F4]2026-06-01+4,222→ 29,815.19 total→ $2.50 par value Common Stock (4,222 underlying)
Footnotes (6)
- [F1]Includes 16.814335 shares acquired on January 16, 2026 and 15.676534 shares acquired on April 16, 2026 pursuant to dividend reinvestment.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock, $2.50 par value per share.
- [F3]Represents 4,928 restricted stock units granted to the reporting person on June 1, 2025, together with 188.838338 accumulated dividend equivalents, for which the forfeiture restrictions lapsed on June 1, 2026. The common stock into which the restricted stock units were converted is reported in Table I of this Form 4.
- [F4]Includes restricted stock units, together with accumulated dividend equivalents, for which the forfeiture restrictions have lapsed and the reporting person has made an election to defer the conversion to common stock until after the reporting person retires or separates from the Fulton Financial Corporation Board of Directors. Dividend equivalents continue to accumulate during the deferral period.
- [F5]The restricted stocks units, together with accumulated dividend equivalents, will convert to common stock on the first anniversary of the date of the grant or, at the election of the reporting person, in up to three equal annual installments beginning in January of the year following the year in which the reporting person retires or separates from the Fulton Financial Corporation Board of Directors.
- [F6]Forfeiture restrictions lapse on the restricted stock units on the first anniversary of the date of grant, or earlier in accordance with the Fulton Financial Corporation Amended and Restated 2023 Director Equity Plan.
Signature
Steven R. Horst, as attorney in Fact for Pergolin, Antoinette|2026-06-03