Fulton Financial (FULT) director granted 4,222 RSUs as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fulton Financial Corporation director Jennifer Craighead Carey received a grant of 4,222 restricted stock units (RSUs) tied to the company’s $2.50 par value common stock. Each RSU represents a right to one common share and was granted as compensation.
After this grant, she directly holds 38,880.7316 RSUs and 5,225.3559 common shares. The RSUs, including accumulated dividend equivalents, generally convert to common stock on the first anniversary of the grant, with an option to defer conversion until after she leaves the board. Forfeiture restrictions lapse on the first anniversary or earlier under the company’s 2023 Director Equity Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Craighead Carey Jennifer
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,222 | $0.00 | -- |
| holding | $2.50 par value Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 38,880.732 shares (Direct, null);
$2.50 par value Common Stock — 5,225.356 shares (Direct, null)
Footnotes (1)
- Includes 47.099607 shares acquired on January 16, 2026 and 43.912643 shares acquired on April 16, 2026 pursuant to dividend reinvestment. Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock, $2.50 par value per share. 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. 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. 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.
Key Figures
RSUs granted: 4,222.0000 units
RSUs after grant: 38,880.7316 units
Common shares held: 5,225.3559 shares
+2 more
5 metrics
RSUs granted
4,222.0000 units
Restricted Stock Units granted to director on June 1, 2026
RSUs after grant
38,880.7316 units
Total restricted stock units held directly after transaction
Common shares held
5,225.3559 shares
Direct holdings of $2.50 par value common stock after transaction
Dividend reinvestment January
47.099607 shares
Shares acquired on January 16, 2026 via dividend reinvestment
Dividend reinvestment April
43.912643 shares
Shares acquired on April 16, 2026 via dividend reinvestment
Key Terms
Restricted Stock Units, dividend reinvestment, dividend equivalents, forfeiture restrictions, +1 more
5 terms
Restricted Stock Units financial
"Includes restricted stock units, together with accumulated dividend equivalents, for which the forfeiture restrictions have lapsed"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend reinvestment financial
"Includes 47.099607 shares acquired on January 16, 2026 and 43.912643 shares acquired on April 16, 2026 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.
dividend equivalents financial
"The restricted stocks units, together with accumulated dividend equivalents, will convert to common stock on the first anniversary"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
forfeiture restrictions financial
"Forfeiture restrictions lapse on the restricted stock units on the first anniversary of the date of grant"
deferred conversion financial
"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"
FAQ
What insider activity did Fulton Financial (FULT) report for Jennifer Craighead Carey?
Fulton Financial reported that director Jennifer Craighead Carey received a grant of 4,222 restricted stock units (RSUs) tied to its common stock. The filing also updated her direct holdings in both common shares and RSUs after the grant.
How many restricted stock units did the Fulton Financial (FULT) director receive?
Jennifer Craighead Carey received 4,222 restricted stock units as a compensation grant. Each RSU represents a contingent right to receive one share of Fulton Financial common stock, aligning her interests with shareholders without an immediate cash purchase or market transaction.
What are Jennifer Craighead Carey’s total RSU holdings in Fulton Financial (FULT) after this grant?
Following the grant, Jennifer Craighead Carey holds 38,880.7316 restricted stock units directly. These RSUs include accumulated dividend equivalents and some units whose forfeiture restrictions have already lapsed but whose conversion to common stock has been deferred until after she leaves the board.
When will the new Fulton Financial (FULT) RSUs convert into common stock?
The newly granted RSUs, with dividend equivalents, will generally convert to common stock on the first anniversary of the grant date. At her election, conversion instead can occur in up to three annual installments beginning after she retires or separates from the board.
How do dividend equivalents affect the Fulton Financial (FULT) director’s RSUs?
Dividend equivalents accumulate on the RSUs, increasing the number of units over time. These equivalents are added during both the vesting and any deferral period, and convert into additional shares of common stock when the underlying RSUs are ultimately settled.