Fulton exec has 803 shares withheld for taxes
Fulton Financial’s SEVP Chief Operations & Tech had shares withheld to cover taxes on a restricted stock unit vesting, reducing his direct holdings modestly.
Rhea-AI Filing Summary
FULTON FINANCIAL CORP (FULT) officer Kevin C. Gremer, SEVP Chief Operations & Tech, reported a disposition of 803 shares of $2.50 par value common stock on September 2, 2026. The shares were withheld to cover tax liability arising from the vesting of restricted stock units. After this withholding, Gremer directly holds approximately 3,156.7267 shares of common stock. No transactions were reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 803 shares
Tax Withholding
1 txn
Insider
Gremer Kevin C
Role
SEVP Chief Operations & Tech
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | $2.50 par value Common Stock F1 | 803 | $23.69 | $19K |
Holdings After Transaction:
$2.50 par value Common Stock — 3,156.7267 shares (Direct)
Footnotes (1)
- F1. Shares withheld to cover the reporting person's tax liability on the vest of restricted stock units, which was filed on a Form 4 on September 2, 2026.
Key Figures
Shares withheld for tax liability: 803 shares
Reported price per share: $23.69 per share
Direct holdings after transaction: 3,156.7267 shares
3 metrics
Shares withheld for tax liability
803 shares
Withheld on September 2, 2026 to cover tax on RSU vesting
Reported price per share
$23.69 per share
Applied to the 803 shares withheld for tax liability
Direct holdings after transaction
3,156.7267 shares
Kevin C. Gremer’s direct common stock holdings following the withholding
Key Terms
restricted stock units, tax liability, Form 4, withheld to cover
4 terms
restricted stock units financial
"tax liability on the vest of restricted stock units, which was filed"
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.
tax liability financial
"Shares withheld to cover the reporting person's tax liability on the vest"
Form 4 regulatory
"which was filed on a Form 4 on September 2, 2026"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
withheld to cover financial
"Shares withheld to cover the reporting person's tax liability on the vest"
FAQ
What insider transaction did FULT executive Kevin C. Gremer report on this Form 4?
He reported a disposition of 803 shares of Fulton Financial Corp common stock on September 2, 2026, through shares withheld to satisfy his tax liability on the vesting of restricted stock units.
Was the FULT Form 4 transaction an open market sale?
No. The filing states the 803 shares were withheld to cover tax liability from a restricted stock unit vest, not sold in an open market transaction.
Was a Rule 10b5-1 trading plan involved in this FULT Form 4 filing?
No. The filing indicates no Rule 10b5-1 trading plan; the document-level 10b5-1 checkbox is not marked as an affirmative plan election.
What role does Kevin C. Gremer hold at Fulton Financial Corp (FULT)?
Kevin C. Gremer is reported as an officer of Fulton Financial Corp, serving as SEVP Chief Operations & Tech.
AI-generated analysis. How Rhea-AI works. Not financial advice.