Fulton Financial (FULT) director Wenger makes 8,000-share stock gift
Rhea-AI Filing Summary
Fulton Financial Corp director E Philip Wenger reported a bona fide gift of 8,000 shares of $2.50 par value common stock on July 30, 2026. Following the gift, he holds 575,918.883 shares directly, including 112,996.5261 jointly with his spouse, plus indirect holdings through children and an IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,000 shares
Net Sell
3 txns
Insider
Wenger E Philip
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | $2.50 par value Common Stock F1 | 8,000 | $0.00 | $0.00 |
| holding | $2.50 par value Common Stock F2 | -- | -- | -- |
| holding | $2.50 par value Common Stock | -- | -- | -- |
Holdings After Transaction:
$2.50 par value Common Stock — 575,918.883 shares (Direct);
$2.50 par value Common Stock — 462.948 shares (Indirect, By Children);
$2.50 par value Common Stock — 75,477 shares (Indirect, By IRA)
Footnotes (2)
- F1. Includes 112,996.5261 shares held jointly with spouse.
- F2. Includes 3.2748 shares acquired on July 15, 2026 pursuant to dividend reinvestment.
Key Figures
Shares gifted: 8,000 shares
Gift price per share: $0.0000
Direct holdings after transaction: 575,918.883 shares
+4 more
7 metrics
Shares gifted
8,000 shares
Bona fide gift of common stock on July 30, 2026
Gift price per share
$0.0000
Reported price for the 8,000-share bona fide gift
Direct holdings after transaction
575,918.883 shares
Direct Fulton Financial common stock held after the gift
Jointly held with spouse
112,996.5261 shares
Portion of direct holdings held jointly with spouse
Indirect holdings by children
462.948 shares
Indirect ownership by children after transaction
Dividend reinvestment shares
3.2748 shares
Acquired on July 15, 2026 via dividend reinvestment within children’s holdings
Indirect holdings by IRA
75,477 shares
Indirect ownership through an IRA account
Key Terms
bona fide gift, dividend reinvestment, indirect ownership
3 terms
bona fide gift regulatory
"transaction_code_description: Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
dividend reinvestment financial
"shares acquired on July 15, 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.
indirect ownership regulatory
"ownership_type: indirect, nature_of_ownership: By Children"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did FULT director E Philip Wenger report?
E Philip Wenger reported a bona fide gift of 8,000 shares of Fulton Financial Corp $2.50 par value common stock on July 30, 2026. The gift was reported at a price of $0.0000 per share, consistent with a non-cash transfer.
What indirect Fulton Financial (FULT) holdings are reported for Wenger and his family?
Indirectly, Wenger reports 462.948 shares held by his children and 75,477 shares held by an IRA. The children’s holdings include 3.2748 shares acquired on July 15, 2026 through dividend reinvestment.