Fulton Financial (FULT) EVP gifts 425 shares, retains over 63K
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fulton Financial Corp senior executive vice president Bernadette M. Taylor reported a bona fide gift of 425 shares of the company’s $2.50 par value common stock. The gift was recorded at a price of $0.00 per share, reflecting that it was a non-cash, charitable-style transfer rather than a market sale.
After this transaction, Taylor directly owns a total of 63,047.4373 shares. This total includes 62,880 shares held jointly with her spouse, indicating that the gifted amount is small compared with her overall reported holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
425 shares gifted
Mixed
1 txn
Insider
Taylor Bernadette M
Role
Sr Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | $2.50 par value Common Stock | 425 | $0.00 | -- |
Holdings After Transaction:
$2.50 par value Common Stock — 63,047.437 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Fulton Financial (FULT) report for Bernadette M. Taylor?
Fulton Financial reported that senior executive vice president Bernadette M. Taylor made a bona fide gift of 425 shares of $2.50 par value common stock. This Form 4 filing records a non-cash transfer, not an open-market sale or purchase of shares.
Is the Fulton Financial (FULT) insider transaction a sale or a gift?
The transaction is a bona fide gift, not a sale. The Form 4 identifies the code as “G” for gift and describes the action as a gift transfer, with 425 shares transferred at a reported price of $0.00 per share, indicating no cash proceeds were involved.