STOCK TITAN

Director at Fulton Financial (FULT) awarded 4,222 restricted stock units

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

Rhea-AI Filing Summary

Fulton Financial Corp director Ronald H. Spair reported an equity award and updated holdings. He received 4,222 restricted stock units on June 1, 2026, each representing a contingent right to one share of $2.50 par value common stock.

The restricted stock units, including accumulated dividend equivalents, will convert to common stock on the first anniversary of the grant or, at his election, in up to three equal annual installments after he retires or leaves the Board. Forfeiture restrictions lapse on the first anniversary or earlier under the company’s Amended and Restated 2023 Director Equity Plan.

Following this grant, Spair directly holds 19,072 common shares, including 10,000 shares held jointly with his spouse, and 43,967.09 restricted stock units and related dividend equivalents, some of which are deferred for conversion until after his Board service ends.

Positive

  • None.

Negative

  • None.
Insider SPAIR RONALD H
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 4,222 $0.00 --
holding $2.50 par value Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 43,967.09 shares (Direct, null); $2.50 par value Common Stock — 19,072 shares (Direct, null)
Footnotes (1)
  1. Includes 10,000 shares held jointly with spouse. Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock, $2.50 par value per share. 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. 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. 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.
RSUs granted 4,222 units Restricted stock units granted on June 1, 2026
Common shares held 19,072 shares Direct common stock holdings after transactions
Jointly held shares 10,000 shares Common stock held jointly with spouse
RSU and equivalents balance 43,967.09 units Restricted stock units plus dividend equivalents after grant
Par value per share $2.50 per share Par value of Fulton Financial common stock underlying RSUs
Restricted Stock Units financial
"The restricted stocks units, together with accumulated dividend equivalents, will convert to 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.
dividend equivalents financial
"Includes restricted stock units, together with accumulated dividend equivalents, for which the forfeiture restrictions have lapsed..."
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..."
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock..."
Amended and Restated 2023 Director Equity Plan financial
"Forfeiture restrictions lapse... in accordance with the Fulton Financial Corporation Amended and Restated 2023 Director Equity Plan."
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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*
SPAIR RONALD H

(Last)(First)(Middle)
FULTON FINANCIAL CORPORATION
P.O. BOX 4887, ONE PENN SQUARE

(Street)
LANCASTER PENNSYLVANIA 17604

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
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 Stock19,072(1)D
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 Units(2)06/01/2026A4,222 (3)(4) (3)(4)$2.50 par value Common Stock4,222$0.0043,967.09(5)D
Explanation of Responses:
1. Includes 10,000 shares held jointly with spouse.
2. Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock, $2.50 par value per share.
3. 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.
4. 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.
5. 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.
Remarks:
Steven R. Horst, as attorney in fact for SPAIR, RONALD H.06/03/2026
** 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)

FAQ

What insider transaction did FULT director Ronald H. Spair report?

Ronald H. Spair reported receiving 4,222 restricted stock units as an equity award. Each unit represents a contingent right to one share of Fulton Financial common stock, reflecting routine director compensation rather than an open-market stock purchase or sale.

How many Fulton Financial (FULT) RSUs does Ronald H. Spair hold after this filing?

After the grant, Ronald H. Spair holds 43,967.09 restricted stock units and related dividend equivalents. These units represent deferred equity-based compensation that will convert into Fulton Financial common stock under specified vesting and deferral conditions tied to his Board service.

When do Ronald H. Spair’s new FULT restricted stock units vest and convert?

The restricted stock units’ forfeiture restrictions lapse on the first anniversary of the grant. They then convert to common stock on that anniversary or, at Spair’s election, in up to three annual installments after he retires or leaves the Fulton Financial Board of Directors.

How many Fulton Financial (FULT) common shares does Ronald H. Spair directly own?

Ronald H. Spair directly owns 19,072 shares of Fulton Financial common stock. This total includes 10,000 shares held jointly with his spouse, in addition to the separate restricted stock units reported as derivative equity awards in this Form 4 filing.

Do Ronald H. Spair’s FULT restricted stock units earn dividend equivalents?

Yes. The restricted stock units accrue dividend equivalents, which increase the total units over time. Dividend equivalents continue during any deferral period when Spair elects to postpone conversion of vested restricted stock units into Fulton Financial common stock after his Board service ends.