Fulton Financial SEVP vests PSUs and gains stock
Meg R Mueller, SEVP of Fulton Financial Corp, reported multiple equity compensation events on May 1, 2026.
Rhea-AI Filing Summary
Meg R Mueller, SEVP of Fulton Financial Corp, reported multiple equity compensation events on May 1, 2026. 35,696.264 performance stock units vested and were converted into common stock based on relative total shareholder return and net income goals from awards granted on May 1, 2023.
She received a new grant of 5,514 restricted stock units that cliff-vest three years from the grant date. To cover tax obligations, a total of 15,655.264 common shares were withheld at $21.62 per share. After these transactions, she directly holds 164,075.7263 shares of $2.50 par value common stock and 23,739.2952 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
35,826.264 shares exercised/converted
Exercise
6 txns
Insider
Mueller Meg R
Role
SEVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Units | 35,696.264 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 5,514 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 130 | $0.00 | $0.00 |
| Exercise | $2.50 par value Common Stock | 35,696.264 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | $2.50 par value Common Stock | 130 | $21.62 | $3K |
| Exercise Price or Tax Liability | $2.50 par value Common Stock | 15,525.264 | $21.62 | $336K |
Holdings After Transaction:
Performance Stock Units — 0 contracts (Direct);
Restricted Stock Units — 23,739.2952 contracts (Direct);
$2.50 par value Common Stock — 164,075.7263 shares (Direct)
Footnotes (9)
- F1. Includes 1,018.773591 shares acquired on January 16, 2026 and 947.716754 shares acquired on April 16, 2026 pursuant to dividend reinvestment.
- F2. Includes 10 shares held jointly with spouse.
- F3. Represents shares withheld to cover the reporting person's tax liability.
- F4. Each performance-based restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation's common stock.
- F5. Reflects the earning and vesting of certain performance-based restricted stock units ("PSUs"), including accrued dividend equivalents, as of May 1, 2026. The PSUs were granted on May 1, 2023. The PSUs were earned and vested based upon Fulton Financial Corporation's level of achievement of total shareholder return, relative to a defined peer group, and net income goals during the applicable performance periods, as specified at the time of grant.
- F6. Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock.
- F7. Restricted stock unit award granted May 1, 2026, under the Fulton Financial Corporation 2022 Amended and Restated Equity and Cash Incentive Compensation Plan.
- F8. The restricted stock units cliff-vest three years from the grant date. Vested shares, together with accumulated dividend equivalents will be delivered to the reporting person three years from the grant date.
- F9. Reflects the earning and vesting of certain restricted stock units to cover the reporting person's tax liability.
Key Figures
Performance stock units vested: 35,696.264 units
New restricted stock units granted: 5,514 units
Tax withholding shares: 15,655.264 shares
+4 more
7 metrics
Performance stock units vested
35,696.264 units
Converted into $2.50 par value common stock on May 1, 2026
New restricted stock units granted
5,514 units
RSU award granted May 1, 2026 under the 2022 Amended and Restated Equity and Cash Incentive Compensation Plan
Tax withholding shares
15,655.264 shares
Total common shares withheld to cover tax liability at $21.62 per share
Tax withholding price
$21.6200 per share
Price used for tax-withholding Form 4 transactions on May 1, 2026
Post-transaction common stock holding
164,075.7263 shares
Direct holding of $2.50 par value common stock after reported transactions
Post-transaction RSU holding
23,739.2952 units
Direct restricted stock unit position after grants and vesting
RSU vesting period
3 years
New RSU award cliff-vests three years from the May 1, 2026 grant date
Key Terms
Performance Stock Units, restricted stock unit, dividend reinvestment, total shareholder return, +2 more
6 terms
Performance Stock Units financial
"Each performance-based restricted stock unit represents a contingent right to receive one share"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share of common stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
dividend reinvestment financial
"Includes shares acquired pursuant to dividend reinvestment"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
cliff-vest financial
"The restricted stock units cliff-vest three years from the grant date"
Equity and Cash Incentive Compensation Plan financial
"Award granted under the Fulton Financial Corporation 2022 Amended and Restated Equity and Cash Incentive Compensation Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did FULT executive Meg R Mueller report on May 1, 2026?
Meg R Mueller reported 35,696.264 performance stock units vesting into common stock, a new grant of 5,514 restricted stock units, and tax-related share withholdings totaling 15,655.264 shares at $21.62 per share, all on May 1, 2026.
How many performance stock units vested for FULT SEVP Meg R Mueller and what were the conditions?
Mueller had 35,696.264 performance stock units vest and convert into common stock. These PSUs, granted May 1, 2023, were earned based on Fulton Financial’s relative total shareholder return and net income goals over specified performance periods.
What new restricted stock units did FULT grant to Meg R Mueller and when do they vest?
Mueller received a new award of 5,514 restricted stock units on May 1, 2026. Each unit represents one share of common stock and the award cliff-vests three years from the grant date, with vested shares and dividend equivalents delivered at that time.
What are Meg R Mueller’s post-transaction holdings in FULT stock and units?
After these transactions, Mueller directly holds 164,075.7263 shares of $2.50 par value common stock and 23,739.2952 restricted stock units. These figures include prior holdings, recent vestings, grants, dividend reinvestment shares, and tax-related share withholdings.
How were the performance stock units for FULT’s Meg R Mueller structured?
Each performance-based restricted stock unit represented a contingent right to receive one share of Fulton Financial common stock. The PSUs vested based on total shareholder return relative to a peer group and net income goals set at grant on May 1, 2023.
AI-generated analysis. How Rhea-AI works. Not financial advice.
