Fulton Financial director exercises and receives RSUs
Fulton Financial Corp director Antoinette M. Pergolin reported equity award activity involving common stock and restricted stock units.
Rhea-AI Filing Summary
Fulton Financial Corp director Antoinette M. Pergolin reported equity award activity involving common stock and restricted stock units. She exercised derivative awards to acquire 5,116.8383 shares of $2.50 par value common stock, bringing her direct common stock holdings to 8,431.2212 shares. She also received a grant of 4,222.0000 restricted stock units, each representing a contingent right to one common share. After these transactions, she directly holds 29,815.1899 restricted stock units, which include accumulated dividend equivalents and certain units deferred until she retires or leaves the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,116.8383 shares exercised/converted
Exercise
3 txns
Insider
Pergolin Antoinette M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,116.8383 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 4,222 | $0.00 | $0.00 |
| Exercise | $2.50 par value Common Stock | 5,116.8383 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 29,815.1899 contracts (Direct);
$2.50 par value Common Stock — 8,431.2212 shares (Direct)
Footnotes (6)
- F1. Includes 16.814335 shares acquired on January 16, 2026 and 15.676534 shares acquired on April 16, 2026 pursuant to dividend reinvestment.
- F2. Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock, $2.50 par value per share.
- F3. 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.
- F4. Includes restricted stock units, together with accumulated dividend equivalents, for which the forfeiture restrictions have lapsed and the reporting person has made an election to defer the conversion to common stock until after the reporting person retires or separates from the Fulton Financial Corporation Board of Directors. Dividend equivalents continue to accumulate during the deferral period.
- F5. 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.
- F6. 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
Common shares acquired via exercise: 5,116.8383 shares
Common shares held after transaction: 8,431.2212 shares
New RSU grant: 4,222.0000 units
+3 more
6 metrics
Common shares acquired via exercise
5,116.8383 shares
Exercise or conversion of derivative security on June 1, 2026
Common shares held after transaction
8,431.2212 shares
Direct ownership following June 1, 2026 transactions
New RSU grant
4,222.0000 units
Restricted stock units granted on June 1, 2026
RSUs converted to common stock
5,116.8383 units
Restricted stock units plus dividend equivalents converted on June 1, 2026
RSUs held after transactions
29,815.1899 units
Direct RSU holdings after June 1, 2026 activity
Dividend reinvestment additions
32.490869 shares
16.814335 shares on January 16, 2026 and 15.676534 shares on April 16, 2026
Key Terms
Restricted Stock Units, dividend equivalents, forfeiture restrictions, defer the conversion, +1 more
5 terms
Restricted Stock Units financial
"Represents 4,928 restricted stock units granted to the reporting person on June 1, 2025, together with 188.838338 accumulated dividend equivalents"
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
"together with 188.838338 accumulated dividend equivalents, for which the forfeiture restrictions lapsed on June 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.
forfeiture restrictions financial
"Forfeiture restrictions lapse on the restricted stock units on the first anniversary of the date of grant"
defer the conversion financial
"the reporting person has made an election to defer the conversion to common stock until after the reporting person retires"
Amended and Restated 2023 Director Equity Plan financial
"or earlier 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 insider transactions did Fulton Financial (FULT) director Antoinette Pergolin report?
Antoinette Pergolin reported exercising derivative awards into 5,116.8383 shares of Fulton Financial common stock and receiving a grant of 4,222.0000 restricted stock units. These actions increase her equity-based exposure through both direct shares and additional deferred stock units.
What restricted stock unit (RSU) grant did Antoinette Pergolin receive from Fulton Financial (FULT)?
She received 4,222.0000 restricted stock units, each representing a contingent right to one share of Fulton Financial common stock. These RSUs are subject to forfeiture restrictions that generally lapse on the first anniversary of the grant date under the company’s director equity plan.
How many restricted stock units does Antoinette Pergolin hold after these Fulton Financial (FULT) transactions?
Following the transactions, Antoinette Pergolin directly holds 29,815.1899 restricted stock units. This total includes units whose forfeiture restrictions have lapsed, accumulated dividend equivalents, and units she has elected to defer conversion into common stock until after leaving the board.
How do dividend equivalents affect Antoinette Pergolin’s Fulton Financial (FULT) restricted stock units?
Dividend equivalents increase the number of restricted stock units and related fractional amounts over time. The footnotes explain that dividend equivalents accumulate on granted RSUs, including during any deferral period when conversion to Fulton Financial common stock has been elected to occur after board service ends.
AI-generated analysis. How Rhea-AI works. Not financial advice.
