Fulton Financial (NASDAQ: FULT) SVP exercises stock units, withholds shares for tax obligations

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Fulton Financial Corp senior executive Bernadette M. Taylor reported compensation-related stock transactions involving performance and restricted stock units. On May 1, 2026, she exercised performance-based and other stock units to acquire common shares, then had shares withheld to satisfy tax obligations.

The filing shows derivative exercises totaling about 24,083 common shares and tax-withholding dispositions of about 9,568 shares, with no open-market buying or selling. Taylor also received a new grant of 3,918 restricted stock units that cliff-vest three years from the grant date, and now directly holds roughly 87,000 common shares, including shares held jointly with her spouse.

Insider Trade Summary

24,083.101 shares exercised/converted

Mixed 6 txns

Insider Taylor Bernadette M

Role Sr Executive Vice President

Type	Security	Shares	Price	Value
Exercise	Performance Stock Units	23,990.101	$0.00	--
Grant/Award	Restricted Stock Units	3,918	$0.00	--
Exercise	Restricted Stock Units	93	$0.00	--
Exercise	$2.50 par value Common Stock	23,990.101	$0.00	--
Tax Withholding	$2.50 par value Common Stock	93	$21.62	$2K
Tax Withholding	$2.50 par value Common Stock	9,475.101	$21.62	$205K

Holdings After Transaction: Performance Stock Units — 0 shares (Direct, null); Restricted Stock Units — 16,365.418 shares (Direct, null); $2.50 par value Common Stock — 87,036.538 shares (Direct, null)

Footnotes (1)

Includes 62,880 shares held jointly with spouse. Represents shares withheld to cover the reporting person's tax liability. Each performance-based restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation's common stock. Reflects the earning and vesting of certain performance-based restricted stock units ("PSUs"), including accrued dividend equivalents, as of May 1, 2026. The PSUs were granted on May 1, 2023. The PSUs were earned and vested based upon Fulton Financial Corporation's level of achievement of total shareholder return, relative to a defined peer group, and net income goals during the applicable performance periods, as specified at the time of grant. Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock. Restricted stock unit award granted May 1, 2026, under the Fulton Financial Corporation 2022 Amended and Restated Equity and Cash Incentive Compensation Plan. The restricted stock units cliff-vest three years from the grant date. Vested shares, together with accumulated dividend equivalents will be delivered to the reporting person three years from the grant date. Reflects the earning and vesting of certain restricted stock units to cover the reporting person's tax liability.

Key Figures

Derivative exercises: 24,083.1005 shares Tax-withholding shares: 9,568.1005 shares New RSU grant: 3,918.0000 units +3 more

6 metrics

Derivative exercises 24,083.1005 shares Total exerciseShares across M-code transactions on May 1, 2026

Tax-withholding shares 9,568.1005 shares Shares withheld to cover tax liabilities (F-code transactions)

New RSU grant 3,918.0000 units Restricted stock unit award granted May 1, 2026

Common shares after transactions 86,943.5379 shares Total shares following the second F-code common stock transaction

RSU holdings after grant 16,365.4179 units Total restricted stock units following A-code derivative transaction

Jointly held shares 62,880 shares Common shares held jointly with spouse included in reported holdings

Key Terms

Restricted stock units, Performance-based restricted stock units ("PSUs"), Tax liability, Total shareholder return, +2 more

6 terms

Restricted stock units financial

"Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock."

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.

Performance-based restricted stock units ("PSUs") financial

"Reflects the earning and vesting of certain performance-based restricted stock units ("PSUs"), including accrued dividend equivalents, as of May 1, 2026."

Tax liability financial

"Represents shares withheld to cover the reporting person's tax liability."

Total shareholder return financial

"The PSUs were earned and vested based upon Fulton Financial Corporation's level of achievement of total shareholder return, relative to a defined peer group."

Total shareholder return is the overall gain an investor gets from owning a stock, combining changes in the share price plus any cash payouts like dividends, and assuming those payouts are reinvested in more shares. Investors use it like a single score that shows the true return on their investment—similar to checking both the growth of a savings account and the interest earned—to compare how well different companies or investments perform over time.

Cliff-vest financial

"The restricted stock units cliff-vest three years from the grant date."

Dividend equivalents financial

"Reflects the earning and vesting of certain performance-based restricted stock units ("PSUs"), including accrued dividend equivalents, as of May 1, 2026."

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.

Form 4 Insider Transactions: What Each Field Means →

05/05/2026 - 04:03 PM

SEC Form 4

FORM 4

UNITED 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^*

Taylor Bernadette M

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Sr Executive Vice President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
$2.50 par value Common Stock	05/01/2026		M		23,990.1005	A	$0.00	87,036.5379⁽¹⁾	D
$2.50 par value Common Stock	05/01/2026		F		93⁽²⁾	D	$21.62	86,943.5379⁽¹⁾	D
$2.50 par value Common Stock	05/01/2026		F		9,475.1005⁽²⁾	D	$21.62	77,468.4374⁽¹⁾	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Performance Stock Units	⁽³⁾	05/01/2026		M			23,990.1005	⁽⁴⁾	⁽⁴⁾	$2.50 par value Common Stock	23,990.1005	$0.00	0.00	D
Restricted Stock Units	⁽⁵⁾⁽⁶⁾	05/01/2026		A		3,918		⁽⁷⁾	⁽⁷⁾	$2.50 par value Common Stock	3,918	$0.00	16,365.4179	D
Restricted Stock Units	⁽⁵⁾	05/01/2026		M			93	⁽⁸⁾	⁽⁸⁾	$2.50 par value Common Stock	93	$0.00	16,272.4179	D

Explanation of Responses:

1. Includes 62,880 shares held jointly with spouse.

2. Represents shares withheld to cover the reporting person's tax liability.

3. Each performance-based restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation's common stock.

4. Reflects the earning and vesting of certain performance-based restricted stock units ("PSUs"), including accrued dividend equivalents, as of May 1, 2026. The PSUs were granted on May 1, 2023. The PSUs were earned and vested based upon Fulton Financial Corporation's level of achievement of total shareholder return, relative to a defined peer group, and net income goals during the applicable performance periods, as specified at the time of grant.

5. Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock.

6. Restricted stock unit award granted May 1, 2026, under the Fulton Financial Corporation 2022 Amended and Restated Equity and Cash Incentive Compensation Plan.

7. The restricted stock units cliff-vest three years from the grant date. Vested shares, together with accumulated dividend equivalents will be delivered to the reporting person three years from the grant date.

8. Reflects the earning and vesting of certain restricted stock units to cover the reporting person's tax liability.

Remarks:

	Steven R. Horst, Attorney-in-Fact	05/05/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did FULT executive Bernadette Taylor report in this Form 4?

Bernadette Taylor reported exercises of performance and restricted stock units into Fulton Financial common stock, plus shares withheld to cover tax liabilities. She also received a new grant of restricted stock units that will cliff-vest three years from the May 1, 2026 grant date.

Were Bernadette Taylor’s FULT transactions open-market buys or sales?

The reported transactions were not open-market trades. They were exercises of performance and restricted stock units and tax-withholding dispositions. Code F entries reflect shares withheld to cover her tax liability, rather than discretionary sales into the open market.

How many FULT shares were involved in Taylor’s derivative exercises?

Taylor’s derivative exercises covered approximately 24,083.1005 shares of Fulton Financial common stock. These came from performance-based restricted stock units and other restricted stock units that earned and vested based on total shareholder return and net income performance goals set at grant.

How many FULT shares were withheld for Bernadette Taylor’s taxes?

Approximately 9,568.1005 Fulton Financial common shares were withheld to cover Bernadette Taylor’s tax liability. These tax-withholding dispositions are coded F and represent payment of tax obligations using shares rather than cash, not discretionary market sales of stock.

What new equity award did Bernadette Taylor receive from FULT?

Taylor received a grant of 3,918 restricted stock units under Fulton Financial’s 2022 Amended and Restated Equity and Cash Incentive Compensation Plan. Each unit represents a right to one common share and will cliff-vest three years from the May 1, 2026 grant date.

How were FULT performance stock units earned and vested for Taylor?

The performance-based restricted stock units earned and vested based on Fulton Financial’s total shareholder return versus a peer group and net income goals. These performance criteria, set at the May 1, 2023 grant date, determined how many units converted into common shares on May 1, 2026.