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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.

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Form Type
4

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

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Insider Schulz David S.
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units F1, F2, F3 2,840 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 2,840 contracts (Direct)
Footnotes (3)
  1. 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.
  2. 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.
  3. 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.
Restricted Stock Units granted 2,840 units Grant to director David S. Schulz on September 14, 2026
Underlying common stock 2,840 shares Each RSU corresponds to one share of $2.50 par value common stock
RSU holdings after grant 2,840 units Total direct restricted stock unit holdings following the transaction
Transaction price per unit $0.00 per unit Equity award granted at no cash cost to the director
Vesting period 1 year Forfeiture restrictions lapse on the first anniversary of the grant date
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
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 equivalents financial
"The restricted stocks units, together with accumulated dividend equivalents, will convert"
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"
Amended and Restated 2023 Director Equity Plan financial
"in accordance with the Fulton Financial Corporation Amended and Restated 2023 Director Equity Plan"

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?

He received a grant of 2,840 Restricted Stock Units, each representing a contingent right to receive one share of Fulton Financial Corporation common stock, $2.50 par value per share.

How many restricted stock units in FULT does David S. Schulz hold after this Form 4 transaction?

Following the reported transaction, David S. Schulz directly holds 2,840 Restricted Stock Units linked to Fulton Financial Corporation common stock.

When do the FULT restricted stock units granted to David S. Schulz vest and convert to common stock?

Forfeiture restrictions on the restricted stock units lapse on the first anniversary of the date of grant, and the units with accumulated dividend equivalents will convert to common stock on that anniversary or, at his election, in up to three equal annual installments after he retires or separates from the Board.

What does each restricted stock unit granted by FULT represent?

Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock, $2.50 par value per share.

Are the FULT restricted stock units for David S. Schulz subject to forfeiture restrictions?

Yes. Forfeiture restrictions on the restricted stock units lapse 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.

Was the FULT equity award to David S. Schulz made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates that no Rule 10b5-1 plan is reported in connection with this restricted stock unit grant.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Schulz David S.

(Last)(First)(Middle)
C/O FULTON FINANCIAL CORPORATION
P.O. BOX 4887, ONE PENN SQUARE

(Street)
LANCASTER PENNSYLVANIA 17602

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FULTON FINANCIAL CORP [ FULT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)09/14/2026A2,840 (2)(3) (2)(3)$2.50 par value Common Stock2,840$0.002,840D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock, $2.50 par value per share.
2. 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.
3. 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.
Remarks:
Steven R. Horst, as attorney in fact for Schulz, David S.09/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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