Fulton Financial (FULT) director exercises units and receives new RSU grant
Rhea-AI Filing Summary
Fulton Financial Corp director James R. Moxley III reported equity compensation activity rather than open‑market trading. On June 1, 2026, he exercised 5,116.8383 restricted stock units, converting them into the company’s $2.50 par value common stock, bringing his direct holdings to 118,327.8763 shares.
On the same date, he also received a new grant of 4,222 restricted stock units, each representing a contingent right to one share of common stock. Footnotes explain that prior RSUs included 188.838338 dividend equivalent units and that such awards vest under the Amended and Restated 2023 Director Equity Plan.
Moxley also reports indirect holdings of 1,409.4508 shares held by his spouse and 28,000 shares held in a 401(k) plan. The filing describes routine director equity awards and conversions tied to vesting and dividend reinvestment, with no reported open‑market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,116.838 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 4,222 | $0.00 | -- |
| Exercise | $2.50 par value Common Stock | 5,116.838 | $0.00 | -- |
| holding | $2.50 par value Common Stock | -- | -- | -- |
| holding | $2.50 par value Common Stock | -- | -- | -- |
Footnotes (1)
- Includes 689.7786 shares acquired on January 16, 2026 and 643.1117 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. Represents 4,928 restricted stock units granted to the reporting person on June 1, 2025, together with 188.838338 accumulated dividend equivalents, for which the forfeiture restrictions lapsed on June 1, 2026. The common stock into which the restricted stock units were converted is reported in Table I of this Form 4. 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.