Fulton Financial exec exercises 2,666 RSUs
Senior executive Kevin C. Gremer exercised 2,666.1047 RSUs into common stock, with resulting direct holdings reported in both common shares and remaining restricted stock units.
Rhea-AI Filing Summary
FULTON FINANCIAL CORP (FULT) executive Kevin C. Gremer, SEVP Chief Operations & Tech, reported the exercise of 2,666.1047 restricted stock units into the same number of $2.50 par value common shares on September 2, 2026. The restricted stock units were disposed in the exercise, and the common shares were acquired, both held directly.
Following these transactions, Gremer directly holds 3,959.7267 common shares (including 9.94236 shares acquired on July 16, 2026 through dividend reinvestment) and 11,145.0873 restricted stock units. The filing notes that each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock and references a prior grant of 7,716 restricted stock units on September 2, 2025, vesting in three equal annual installments beginning September 2, 2026. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,666.1047 shares exercised/converted
Exercise
2 txns
Insider
Gremer Kevin C
Role
SEVP Chief Operations & Tech
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 2,666.1047 | $0.00 | $0.00 |
| Exercise | $2.50 par value Common Stock F1 | 2,666.1047 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 11,145.0873 contracts (Direct);
$2.50 par value Common Stock — 3,959.7267 shares (Direct)
Footnotes (3)
- F1. Includes 9.94236 shares acquired on July 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.
- F3. On September 2, 2025, the reporting person was granted 7,716 restricted stock units, vesting in three equal annual installments beginning on September 2, 2026, the first anniversary of the grant date, together with accumulated dividend equivalents.
Key Figures
RSUs exercised: 2,666.1047 restricted stock units
Common shares acquired: 2,666.1047 shares
Common shares held after transaction: 3,959.7267 shares
+3 more
6 metrics
RSUs exercised
2,666.1047 restricted stock units
Exercised into common stock on September 2, 2026
Common shares acquired
2,666.1047 shares
Shares of $2.50 par value common stock received upon RSU exercise
Common shares held after transaction
3,959.7267 shares
Direct ownership position after the September 2, 2026 transactions
Restricted stock units held after transaction
11,145.0873 restricted stock units
Direct RSU holdings following the September 2, 2026 exercise
Dividend reinvestment shares
9.94236 shares
Common shares acquired via dividend reinvestment on July 16, 2026
Prior RSU grant
7,716 restricted stock units
Grant on September 2, 2025, vesting in three equal annual installments from September 2, 2026
Key Terms
Restricted Stock Units, dividend reinvestment, dividend equivalents
3 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
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 reinvestment financial
"Includes 9.94236 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.
dividend equivalents financial
"vesting in three equal annual installments ... together with accumulated dividend equivalents"
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.
FAQ
What insider transaction did FULT executive Kevin C. Gremer report?
Kevin C. Gremer reported exercising 2,666.1047 restricted stock units into 2,666.1047 shares of $2.50 par value common stock on September 2, 2026. The RSUs were disposed in the exercise, and the resulting common shares are held directly.
How many restricted stock units in FULT does Kevin C. Gremer still hold?
Following the exercise, Kevin C. Gremer directly holds 11,145.0873 restricted stock units, each representing a contingent right to receive one share of Fulton Financial Corporation common stock, according to the filing’s footnote.
What prior FULT equity award to Kevin C. Gremer is referenced in this Form 4?
The filing states that on September 2, 2025, Kevin C. Gremer was granted 7,716 restricted stock units, vesting in three equal annual installments beginning on September 2, 2026, together with accumulated dividend equivalents.
Was Kevin C. Gremer’s FULT transaction under a Rule 10b5-1 plan?
The filing indicates that no Rule 10b5-1 trading plan is reported, as the Rule 10b5-1 checkbox is not marked affirmatively for these transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
