Fulton Financial (FULT) director sells 5,000 IRA-held shares under plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fulton Financial Corp director E. Philip Wenger reported an open-market sale of 5,000 shares of $2.50 par value common stock on July 13, 2026 at a weighted average price of $24.1427 per share. The sale was effected under a Rule 10b5-1 trading plan adopted on June 13, 2025 and involved shares held indirectly through an IRA, which held 75,477 shares afterward. Following these transactions, Wenger also held 583,918.883 shares directly, including 120,996.5261 shares jointly with a spouse, and 459.6732 shares indirectly through children.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,000 shares ($120,714)
Net Sell
3 txns
Insider
Wenger E Philip
Role
Director
Sold
5,000 shs ($121K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | $2.50 par value Common Stock | 5,000 | $24.1427 | $121K |
| holding | $2.50 par value Common Stock | -- | -- | -- |
| holding | $2.50 par value Common Stock | -- | -- | -- |
Holdings After Transaction:
$2.50 par value Common Stock — 75,477 shares (Indirect, By IRA);
$2.50 par value Common Stock — 583,918.883 shares (Direct)
Footnotes (1)
- The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2025. Represents the weighted average price of shares sold in multiple transactions through a broker-dealer at prices ranging from $24.11 to $24.25, inclusive. The reporting person undertakes to provide the Securities and Exchange Commission, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price. Includes 120,996.5261 shares held jointly with spouse.
Key Figures
Shares sold: 5,000 shares
Weighted average sale price: $24.1427 per share
Post-sale IRA holdings: 75,477 shares
+5 more
8 metrics
Shares sold
5,000 shares
Open-market sale of common stock on July 13, 2026
Weighted average sale price
$24.1427 per share
Average price for 5,000 shares sold through a broker-dealer
Post-sale IRA holdings
75,477 shares
Indirect ownership via IRA after the reported sale
Direct holdings after transaction
583,918.883 shares
Directly owned Fulton Financial common stock, including joint holdings with spouse
Joint holdings with spouse
120,996.5261 shares
Portion of direct holdings held jointly with spouse
Indirect holdings by children
459.6732 shares
Indirect ownership attributed to children after transactions
Rule 10b5-1 plan adoption date
June 13, 2025
Date Wenger adopted the trading plan used for this sale
Price range of executed trades
$24.11 to $24.25
Range of prices for individual transactions included in the weighted average
Key Terms
Rule 10b5-1 trading plan, weighted average price, indirect ownership, broker-dealer
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"Represents the weighted average price of shares sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect ownership financial
"Indirect ownership noted as By IRA and By Children in the holdings"
broker-dealer financial
"shares sold in multiple transactions through a broker-dealer at prices ranging"
A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.
FAQ
What did E. Philip Wenger report in the latest Form 4 for FULT?
E. Philip Wenger reported an open-market sale of 5,000 shares of Fulton Financial common stock on July 13, 2026 at a weighted average price of $24.1427 per share, executed under a Rule 10b5-1 trading plan.