Fulton exec exercises 420 stock units; stake unchanged
Rhea-AI Filing Summary
FULTON FINANCIAL CORP (FULT) reported that officer Josephine E. Mauriello, SEVP Head of Consumer Banking, exercised 420 Restricted Stock Units into 420 shares of $2.50 par value common stock on August 29, 2026. The same 420 shares were then withheld at $23.68 per share to cover her tax liability, resulting in no net change in her common-stock position. Following the transaction, she holds 11,369.8697 RSUs, and her common-stock holdings include 58.772023 shares acquired on July 16, 2026 through dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
420 shares exercised/converted
Exercise
3 txns
Insider
Mauriello Josephine E
Role
SEVP Head of Consumer Banking
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F3, F4 | 420 | $0.00 | $0.00 |
| Exercise | $2.50 par value Common Stock F1 | 420 | $0.00 | $0.00 |
| Tax Withholding | $2.50 par value Common Stock F2 | 420 | $23.68 | $10K |
Holdings After Transaction:
Restricted Stock Unit — 11,369.8697 shares (Direct);
$2.50 par value Common Stock — 7,646.9963 shares (Direct)
Footnotes (4)
- F1. Includes 58.772023 shares acquired on July 16, 2026, pursuant to dividend reinvestment.
- F2. Represents shares withheld to cover the reporting person's tax liability.
- F3. Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock.
- F4. Reflects the earning and vesting of certain restricted stock units to cover the reporting person's tax liability.
Key Figures
Restricted Stock Units exercised: 420 shares
Shares withheld for tax liability: 420 shares
Withholding price per share: $23.68 per share
+2 more
5 metrics
Restricted Stock Units exercised
420 shares
RSUs converted into common stock on August 29, 2026
Shares withheld for tax liability
420 shares
Common shares withheld to cover tax liability on August 29, 2026
Withholding price per share
$23.68 per share
Price used for 420 shares withheld to cover tax liability
RSU holdings after transaction
11,369.8697 RSUs
Restricted Stock Units remaining after vesting and withholding events
Dividend reinvestment shares
58.772023 shares
Common shares acquired on July 16, 2026 via dividend reinvestment
Key Terms
Restricted Stock Unit, dividend reinvestment, tax liability, withheld
4 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
dividend reinvestment financial
"Includes 58.772023 shares acquired on July 16, 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.
tax liability financial
"Represents shares withheld to cover the reporting person's tax liability"
withheld financial
"Represents shares withheld to cover the reporting person's tax liability"
FAQ
What insider transaction did FULT executive Josephine Mauriello report on August 29, 2026?
She exercised 420 Restricted Stock Units into 420 shares of Fulton Financial common stock and had those 420 shares withheld to cover her tax liability, resulting in no net change to her common-stock ownership.
How many Restricted Stock Units does the FULT executive hold after this Form 4?
After the reported transactions, Josephine Mauriello holds 11,369.8697 Restricted Stock Units, each representing a contingent right to receive one share of Fulton Financial Corporation common stock, as disclosed in the filing footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.