United Community (UCB) director receives 2,330 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bazante Jennifer M. reported acquisition or exercise transactions in this Form 4 filing.
United Community Banks Inc. director Jennifer M. Bazante received a grant of 2,330 restricted stock units of common stock as compensation. The grant was made at a price of $0.00 per share and represents 2026 restricted stock units that vest the day before the company’s next annual meeting.
Following this award, Bazante holds 7,345 shares of United Community Banks common stock directly. She also has an additional 6,020 shares held indirectly through the Jennifer Mumby Bazante Revocable Trust dated August 26, 2021. These entries reflect equity-based compensation and updated ownership, not open‑market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bazante Jennifer M.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,330 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,345 shares (Direct, null);
Common Stock — 6,020 shares (Indirect, Jennifer Mumby Bazante RevocableTrust dated August 26, 2021)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 2,330 shares
Grant price: $0.00 per share
Direct holdings after grant: 7,345 shares
+2 more
5 metrics
RSU grant size
2,330 shares
Restricted stock units granted on 2026-05-13
Grant price
$0.00 per share
Price per share for 2,330 restricted stock units
Direct holdings after grant
7,345 shares
Common stock directly owned after 2026-05-13 award
Indirect trust holdings
6,020 shares
Common stock held via revocable trust on 2026-05-13
Transaction date
2026-05-13
Date of RSU grant and updated holdings
Key Terms
restricted stock units, Grant, award, or other acquisition, Common Stock, Revocable Trust
4 terms
restricted stock units financial
"Reflects grant of 2026 restricted stock units, which vest the day before the Issuer's next annual meeting."
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Revocable Trust financial
"Jennifer Mumby Bazante RevocableTrust dated August 26, 2021"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
FAQ
What did United Community Banks (UCB) director Jennifer Bazante report on this Form 4?
Director Jennifer M. Bazante reported receiving 2,330 restricted stock units of United Community Banks common stock. The units were granted at $0.00 per share as equity compensation and update her reported ownership position in the company’s stock.
When do Jennifer Bazante’s new restricted stock units in UCB vest?
The filing states the 2026 restricted stock units vest the day before United Community Banks’ next annual meeting. This means the award becomes fully earned and deliverable shortly before that specified corporate governance event occurs.
Was Jennifer Bazante’s UCB stock grant an open-market purchase or compensation award?
The Form 4 identifies the transaction with code “A,” meaning a grant, award, or other acquisition. A footnote explains it as a 2026 restricted stock unit grant, indicating compensation rather than an open‑market stock purchase.