United Community Banks (UCB) Director Carl Carande Receives Award

What Happened Carl Steven Carande, a director of United Community Banks, was granted 1,588 restricted stock units (RSUs) on August 1, 2026. The Form 4 records the transaction as an award/acquisition (code A) at $0.00 per share, with the total reported value shown as $0. This was a compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-01 (Form filed 2026-08-03).
• Transaction type/code: Grant / Award (A).
• Quantity: 1,588 restricted stock units (RSUs).
• Price reported: $0.00 per share; total reported value $0.
• Vesting: Per footnote F1, these RSUs vest the day before the issuer’s next annual meeting.
• Shares owned after transaction: Not disclosed on this Form 4.
• Filing timeliness: Filed two days after the transaction date (no late filing indicated).

Context RSU grants are a common form of director compensation and convert to actual shares only when they vest. Such awards are routine and do not by themselves indicate the insider is buying or selling stock.