UCB (UCB) CEO Harton reports stock grant and tax-withheld shares
Rhea-AI Filing Summary
UNITED COMMUNITY BANKS INC President & CEO H. Lynn Harton reported equity compensation activity in company stock. On February 15, 2026, he acquired 24,542 shares of common stock through a grant tied to performance stock units that vested. On the same date, a total of 21,377 shares$34.56 per share to cover tax obligations upon vesting of both performance and time-based stock units, leaving him with 252,705 directly held shares and 109,123 shares held indirectly through a revocable trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
HARTON H LYNN
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,542 | $0.00 | -- |
| Tax Withholding | Common Stock | 11,622 | $34.56 | $402K |
| Tax Withholding | Common Stock | 9,755 | $34.56 | $337K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 274,082 shares (Direct);
Common Stock — 109,123 shares (Indirect, By Herbert Lynn Harton Revocable Trust dated 3/16/15)
Footnotes (1)
- Reflects the satisfaction of performance criteria for previously awarded performance stock units which vested on February 15, 2026. Reflects shares of Issuer's common stock withheld to satisfy tax withholding obligations upon vesting of performance stock units. Reflects shares of Issuer's common stock withheld to satisfy tax withholding obligations upon vesting of time-based stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did UCB CEO H. Lynn Harton report on February 15, 2026?
H. Lynn Harton reported a grant of 24,542 United Community Banks (UCB) common shares on February 15, 2026. He also had 21,377 shares withheld to cover tax obligations related to vesting stock units, reflecting routine equity compensation activity rather than open-market trading.
What do the tax-withholding dispositions in UCB CEO Harton’s Form 4 represent?
The tax-withholding dispositions represent shares withheld instead of cash to pay taxes on vesting units. Specifically, 11,622 and 9,755 UCB shares were withheld at $34.56 per share to satisfy tax obligations on performance and time-based stock unit vesting.
What is the significance of the revocable trust in H. Lynn Harton’s UCB holdings?
The Form 4 notes 109,123 UCB shares are held indirectly through the Herbert Lynn Harton Revocable Trust dated March 16, 2015. This reflects an additional ownership layer, distinguishing shares held personally from those held via the trust for estate or planning purposes.
Do Harton’s reported UCB stock transactions indicate a change in his investment view?
The reported UCB transactions appear tied to compensation and tax withholding rather than discretionary trading. They reflect vesting of previously granted stock units and shares withheld for taxes, which are standard features of executive equity compensation programs, not directional investment decisions.