Fulton Financial (FULT) CEO sells 30,748 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fulton Financial Corporation Chairman & CEO Curtis J. Myers reported multiple equity transactions in company stock. On May 1, 2026, he exercised 116,526.0954 performance stock units into $2.50 par value common stock at $0.0000 per share, with 54,174.0954 shares withheld to cover his tax liability. He also received a grant of 40,178 restricted stock units that cliff-vest three years from the grant date.
On May 4, 2026, Myers completed an open-market sale of 30,748 common shares at a weighted average price of $21.2581 per share, executed through a broker under a Rule 10b5-1 trading plan adopted on December 12, 2025. After these transactions, he directly holds 224,173.0993 common shares, plus 62,739.3934 shares held indirectly through a 401(k) plan based on a statement as of April 30, 2026, and 122,464.5840 restricted stock units representing contingent rights to receive common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 30,748 shares ($653,644)
Net Sell
7 txns
Insider
Myers Curtis J
Role
Chairman & CEO
Sold
30,748 shs ($654K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | $2.50 par value Common Stock | 30,748 | $21.2581 | $654K |
| Exercise | Performance Stock Units | 116,526.095 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 40,178 | $0.00 | -- |
| Exercise | $2.50 par value Common Stock | 116,526.095 | $0.00 | -- |
| Tax Withholding | $2.50 par value Common Stock | 54,174.095 | $21.62 | $1.17M |
| holding | $2.50 par value Common Stock | -- | -- | -- |
| Other | $2.50 par value Common Stock | 207.291 | $19.645 | $4K |
Holdings After Transaction:
$2.50 par value Common Stock — 224,173.099 shares (Direct, null);
Performance Stock Units — 0 shares (Direct, null);
Restricted Stock Units — 122,464.584 shares (Direct, null);
$2.50 par value Common Stock — 62,739.393 shares (Indirect, By 401(k))
Footnotes (1)
- Purchase made with cash in the Employee Stock Purchase Plan. 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. Includes 22,109.2094 shares held jointly with spouse. Represents shares withheld to cover the reporting person's tax liability. The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2025. Represents the weighted average price of shares sold in multiple transactions through a broker-dealer at prices ranging from $21.08 to $21.52, inclusive. The reporting person undertakes to provide the Securities and Exchange Commission, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price. Based on Plan Statement as of April 30, 2026. 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.
Key Figures
Open-market sale: 30,748 shares at $21.2581/share
PSU exercise: 116,526.0954 shares at $0.0000
Tax withholding shares: 54,174.0954 shares at $21.6200/share
+5 more
8 metrics
Open-market sale
30,748 shares at $21.2581/share
Common stock sale on May 4, 2026 under Rule 10b5-1 plan
PSU exercise
116,526.0954 shares at $0.0000
Performance stock units exercised into common stock on May 1, 2026
Tax withholding shares
54,174.0954 shares at $21.6200/share
Shares withheld to cover Myers’ tax liability on May 1, 2026
RSU grant
40,178 restricted stock units
Award granted May 1, 2026, cliff-vesting in three years
Direct holdings after transactions
224,173.0993 shares
Direct common stock ownership following reported transactions
Indirect 401(k) holdings
62,739.3934 shares
Shares held via 401(k) based on plan statement as of April 30, 2026
Outstanding RSUs
122,464.5840 restricted stock units
Each unit represents a contingent right to one common share
Net buy/sell shares
-30,748 shares
Net buy-sell direction across reported transactions is net-sell
Key Terms
Rule 10b5-1 trading plan, Restricted stock units, Performance-based restricted stock units, Employee Stock Purchase Plan, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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 financial
"Reflects the earning and vesting of certain performance-based restricted stock units ("PSUs"), including accrued dividend equivalents, as of May 1, 2026."
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
Employee Stock Purchase Plan financial
"Purchase made with cash in the Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax liability financial
"Represents shares withheld to cover the reporting person's tax liability."
FAQ
What insider stock transactions did FULT CEO Curtis J. Myers report?
Curtis J. Myers reported exercising 116,526.0954 performance stock units into common shares, a tax-withholding disposition of 54,174.0954 shares, a grant of 40,178 restricted stock units, and an open-market sale of 30,748 common shares at a weighted average price of $21.2581 per share.
Were the FULT CEO’s stock sales made under a Rule 10b5-1 trading plan?
Yes. The footnotes state that the sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by Curtis J. Myers on December 12, 2025, indicating the trades were pre-arranged rather than timed discretionarily after that adoption date.
What restricted stock unit awards did the FULT CEO receive?
Myers received an award of 40,178 restricted stock units on May 1, 2026, under the Fulton Financial Corporation 2022 Amended and Restated Equity and Cash Incentive Compensation Plan. These units cliff-vest three years from the grant date, when vested shares and dividend equivalents will be delivered.
What happened to the CEO’s performance-based restricted stock units at FULT?
Certain performance-based restricted stock units granted on May 1, 2023, were earned and vested as of May 1, 2026, based on total shareholder return versus a defined peer group and net income goals. This vesting resulted in 116,526.0954 common shares being delivered, including accrued dividend equivalents.