Fulton Financial (NASDAQ: FULT) CFO granted 11,719 RSUs and buys ESPP shares
Rhea-AI Filing Summary
Fulton Financial Corporation’s SEVP & CFO Richard S. Kraemer reported routine equity compensation and share accumulation activity. On May 1, 2026, he received a grant of 11,719 restricted stock units, each representing one share of common stock, under the company’s 2022 equity and cash incentive plan.
The restricted stock units cliff-vest three years from the grant date, with vested shares and accumulated dividend equivalents delivered at that time. A separate transaction on March 12, 2026 shows 748.5814 common shares acquired for $19.645 per share through the Employee Stock Purchase Plan, and his common-share holdings after that transaction were 10,439.9116 shares. Following the RSU grant, his direct RSU balance was 53,724.8816 units.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 748.5814 shares
Net Buy
2 txns
Insider
Kraemer Richard S
Role
SEVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 11,719 | $0.00 | $0.00 |
| Other | $2.50 par value Common Stock | 748.5814 | $19.645 | $15K |
Holdings After Transaction:
Restricted Stock Units — 53,724.8816 shares (Direct);
$2.50 par value Common Stock — 10,439.9116 shares (Direct)
Footnotes (5)
- F1. Purchase made with cash in the Employee Stock Purchase Plan.
- F2. Includes 89.751282 shares acquired on January 16, 2026 pursuant to dividend reinvestment.
- F3. Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock.
- F4. Restricted stock unit award granted May 1, 2026, under the Fulton Financial Corporation 2022 Amended and Restated Equity and Cash Incentive Compensation Plan.
- F5. 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.
Key Figures
RSU grant size: 11,719 units
RSU holdings after grant: 53,724.8816 units
ESPP shares acquired: 748.5814 shares
+3 more
6 metrics
RSU grant size
11,719 units
Restricted stock units granted May 1, 2026
RSU holdings after grant
53,724.8816 units
Direct RSU balance following May 1, 2026 grant
ESPP shares acquired
748.5814 shares
Common stock purchased March 12, 2026 in ESPP
ESPP purchase price
$19.645 per share
Price for 748.5814 common shares on March 12, 2026
Common shares after ESPP
10,439.9116 shares
Direct common stock holdings after March 12, 2026
Dividend reinvestment shares
89.751282 shares
Shares acquired January 16, 2026 via dividend reinvestment
Key Terms
Restricted Stock Units, Employee Stock Purchase Plan, dividend reinvestment, cliff-vest, +1 more
5 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.
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.
dividend reinvestment financial
"Includes 89.751282 shares acquired on January 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."
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."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did FULT CFO Richard Kraemer receive in this Form 4 filing?
Richard Kraemer received a grant of 11,719 restricted stock units, each representing one share of Fulton Financial common stock. The award was granted under the 2022 Amended and Restated Equity and Cash Incentive Compensation Plan as part of his compensation.
When do Richard Kraemer’s new FULT restricted stock units vest?
The restricted stock units cliff-vest three years from the May 1, 2026 grant date. At vesting, shares plus accumulated dividend equivalents will be delivered, giving Kraemer common stock exposure over a multi‑year period tied to continued service.
What is the nature of the FULT Employee Stock Purchase Plan transaction?
The filing shows 748.5814 common shares acquired at $19.645 per share through the Employee Stock Purchase Plan. A footnote clarifies this was a purchase made with cash under the plan, rather than an open‑market discretionary trade.
How many FULT restricted stock units does Richard Kraemer hold after the grant?
Following the May 1, 2026 award, Kraemer directly holds 53,724.8816 restricted stock units. Each unit represents a contingent right to receive one share of Fulton Financial common stock upon vesting, aligning his compensation with shareholder interests over time.