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Fulton Financial (FULT) executive exercises awards and receives 5,232 RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Fulton Financial Corp senior executive Josephine E. Mauriello reported routine equity compensation activity. She exercised derivative awards to acquire 3,600.8399 shares of $2.50 par value common stock and had 1,302.8399 shares withheld to cover tax liabilities, a non-market disposition. Following these transactions, she directly holds 8,891.0642 common shares. She also received a new grant of 5,232 restricted stock units, which each represent a right to one common share and will cliff-vest three years from the May 1, 2026 grant date under the company’s 2022 equity and cash incentive plan.

Positive

  • None.

Negative

  • None.
Insider Mauriello Josephine E
Role SEVP Head of Consumer Banking
Type Security Shares Price Value
Exercise Restricted Stock Unit 3,600.84 $0.00 --
Grant/Award Restricted Stock Unit 5,232 $0.00 --
Exercise $2.50 par value Common Stock 3,600.84 $0.00 --
Tax Withholding $2.50 par value Common Stock 1,302.84 $21.62 $28K
Holdings After Transaction: Restricted Stock Unit — 0 shares (Direct, null); $2.50 par value Common Stock — 8,891.064 shares (Direct, null)
Footnotes (1)
  1. Includes 49.025587 shares acquired on January 16, 2026 and 45.7090 shares acquired on April 16, 2026 pursuant to dividend reinvestment. Represents shares withheld to cover the reporting person's tax liability. Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock. Reflects the earning and vesting of certain restricted stock units ("RSUs"), including the accrued dividend equivalents, as of May 1, 2026. The RSUs were granted on May 1, 2023. 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.
Common shares acquired by exercise 3,600.8399 shares Exercise of derivative security on May 1, 2026
Shares withheld for taxes 1,302.8399 shares Tax-withholding disposition at $21.6200 per share
Withholding price $21.6200 per share Value used for tax-liability share withholding
Common shares held after transactions 8,891.0642 shares Direct holdings after May 1, 2026 transactions
New RSU grant size 5,232.0000 units Restricted stock units granted May 1, 2026
RSU vesting period 3 years Cliff-vest three years from May 1, 2026 grant date
Restricted stock unit financial
"Restricted stock unit award granted May 1, 2026, under the Fulton Financial Corporation 2022 Amended and Restated Equity and Cash Incentive Compensation Plan."
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 49.025587 shares acquired on January 16, 2026 and 45.7090 shares acquired on April 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.
cliff-vest financial
"The restricted stock units cliff-vest three years from the grant date."
dividend equivalents financial
"Vested shares, together with accumulated dividend equivalents will be delivered to the reporting person three years from the grant date."
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.
Equity and Cash Incentive Compensation Plan financial
"Restricted stock unit award granted May 1, 2026, under the Fulton Financial Corporation 2022 Amended and Restated Equity and Cash Incentive Compensation Plan."
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Mauriello Josephine E
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SEVP Head of Consumer Banking
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
$2.50 par value Common Stock05/01/2026M3,600.8399A$0.008,891.0642(1)D
$2.50 par value Common Stock05/01/2026F1,302.8399(2)D$21.627,588.2243D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(3)05/01/2026M3,600.8399 (4) (4)$2.50 par value Common Stock0.00$0.000.00D
Restricted Stock Unit(3)(5)05/01/2026A5,232 (6) (6)$2.50 par value Common Stock5,232$0.0011,698.8467D
Explanation of Responses:
1. Includes 49.025587 shares acquired on January 16, 2026 and 45.7090 shares acquired on April 16, 2026 pursuant to dividend reinvestment.
2. Represents shares withheld to cover the reporting person's tax liability.
3. Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock.
4. Reflects the earning and vesting of certain restricted stock units ("RSUs"), including the accrued dividend equivalents, as of May 1, 2026. The RSUs were granted on May 1, 2023.
5. Restricted stock unit award granted May 1, 2026, under the Fulton Financial Corporation 2022 Amended and Restated Equity and Cash Incentive Compensation Plan.
6. 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.
Remarks:
Steven R. Horst, as attorney in Fact for Mauriello, Josephine E.05/05/2026
** Signature of Reporting PersonDate
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 insider transactions did FULT executive Josephine Mauriello report?

She reported exercising derivative awards for 3,600.8399 common shares and a tax-withholding disposition of 1,302.8399 shares. She also received 5,232 restricted stock units, which represent future rights to Fulton Financial common stock under the company’s compensation plan.

Did the FULT insider Form 4 show an open-market stock sale?

No, the disposition involved 1,302.8399 shares withheld for tax liabilities, not an open-market sale. This type of transaction is a standard mechanism when equity awards vest and does not reflect a discretionary decision to sell shares into the market.

How many Fulton Financial (FULT) shares does the executive hold after these transactions?

After the reported transactions, Josephine E. Mauriello directly holds 8,891.0642 shares of Fulton Financial $2.50 par value common stock. This figure reflects the net position after exercising derivative awards and the related share withholding for tax obligations on May 1, 2026.

What restricted stock unit grant did the FULT executive receive?

She was granted 5,232 restricted stock units on May 1, 2026 under the 2022 Amended and Restated Equity and Cash Incentive Compensation Plan. Each unit represents a contingent right to one share of common stock and will cliff-vest three years from the grant date.

When will the newly granted FULT restricted stock units vest and be delivered?

The 5,232 restricted stock units cliff-vest three years from the May 1, 2026 grant date. Vested shares, together with accumulated dividend equivalents, will be delivered to the reporting person three years from the grant date, according to the compensation plan’s terms.