Fulton Financial director granted 2,840 RSUs
FULTON FINANCIAL CORP (FULT) reported that director David S. Schulz received a grant of 2,840 Restricted Stock Units on September 14, 2026.
Rhea-AI Filing Summary
FULTON FINANCIAL CORP (FULT) reported that director David S. Schulz received a grant of 2,840 Restricted Stock Units on September 14, 2026. Each unit represents one share of $2.50 par value common stock, and his direct holdings in these units are 2,840 following the grant. The units, together with accumulated dividend equivalents, will convert to common stock on the first anniversary of the grant or, at his election, in up to three equal annual installments after he retires or leaves the Board, with forfeiture restrictions lapsing on the first anniversary or earlier under the Amended and Restated 2023 Director Equity Plan. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2, F3 | 2,840 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock, $2.50 par value per share.
- F2. 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.
- F3. 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.
Key Figures
Key Terms
Restricted Stock Units financial
dividend equivalents financial
forfeiture restrictions financial
Amended and Restated 2023 Director Equity Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did director David S. Schulz receive from FULT on September 14, 2026?
How many restricted stock units in FULT does David S. Schulz hold after this Form 4 transaction?
When do the FULT restricted stock units granted to David S. Schulz vest and convert to common stock?
What does each restricted stock unit granted by FULT represent?
Are the FULT restricted stock units for David S. Schulz subject to forfeiture restrictions?
Was the FULT equity award to David S. Schulz made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.