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United Community Banks, Inc. (United) and Peach State Bancshares, Inc. announced an agreement to combine, with the parties anticipating regulatory approvals and a closing in the 3rd quarter of 2026. United reported $28.2 billion in assets as of 3/31/26; Peach State reported $789 million in assets as of 3/31/26. The communication states conversion of Peach State operations is planned for Early 2027 and that United will file a registration statement on Form S-4 containing the proxy statement/prospectus to register United common stock to be issued in the merger.
The merger remains subject to customary shareholder and regulatory approvals and contains forward-looking statements about expected timing, synergies, and integration risks.
DANIELS KENNETH L reported acquisition or exercise transactions in this Form 4 filing.
UNITED COMMUNITY BANKS INC director Kenneth L. Daniels reported an equity compensation grant of 2,330 shares of Common Stock as a restricted stock unit award. The grant was priced at $0.00 per share and will vest the day before the company’s next annual meeting. Following this award, Daniels holds 4,856 shares directly, 2,000 shares indirectly through an Individual Retirement Account, and 20,568 shares indirectly as trustee of the Kenneth L. Daniels Revocable Trust.
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.
BELL GEORGE B. reported acquisition or exercise transactions in this Form 4 filing.
UNITED COMMUNITY BANKS INC director George B. Bell received an equity award rather than buying shares on the market. He was granted 2,330 shares of Common Stock as restricted stock units at a stated price of $0.00 per share.
These 2026 restricted stock units vest the day before the company’s next annual meeting. After this grant, Bell directly holds 11,393 shares of common stock.
UNITED COMMUNITY BANKS INC director James P. Clements received an equity award of 2,330 common-share-linked restricted stock units on May 13, 2026. The grant carries no cash exercise price and will vest the day before the company’s next annual meeting, bringing his direct holdings to 15,600 shares.
UNITED COMMUNITY BANKS INC director Sally Pope Davis received an equity grant as part of her compensation. She was awarded 2,330 shares of Common Stock with a stated price of $0.00 per share, described as a grant or award acquisition. A footnote explains this reflects a grant of 2026 restricted stock units that vest the day before the company’s next annual meeting. After this award, she directly holds 8,120 shares of the company’s Common Stock.
Drummond Lance F. reported acquisition or exercise transactions in this Form 4 filing.
UNITED COMMUNITY BANKS INC director Lance F. Drummond received a grant of 2,330 shares of Common Stock in the form of 2026 restricted stock units. These units vest the day before the company’s next annual meeting. Following this award, his direct holdings total 18,849 common shares. The grant was a compensation award at no purchase price, not an open-market trade.
Mann Jennifer reported acquisition or exercise transactions in this Form 4 filing.
United Community Banks Inc. director Jennifer Mann reported a compensation-related stock grant. She received 2,330 shares of common stock at no cash cost, described as 2026 restricted stock units that vest the day before the company’s next annual meeting. This grant increases her direct holdings to 18,849 shares of United Community Banks common stock.
WALLIS TIM reported acquisition or exercise transactions in this Form 4 filing.
UNITED COMMUNITY BANKS INC director Tim Wallis reported updated holdings and a new equity award. He received 2,330 shares of Common Stock as a grant classified as a restricted stock unit award at a price of $0.00 per share. These units vest the day before the company’s next annual meeting, tying compensation to future service. After this grant, Wallis holds 30,385 Common Stock shares directly and 91,418 shares indirectly through Wallis Investment Co., LLC, which he and his spouse own.
JAMES JOHN MARC reported acquisition or exercise transactions in this Form 4 filing.
United Community Banks, Inc. director John Marc James reported a new equity grant of 2,330 shares of common stock-equivalent restricted stock units. The award was granted at a price of $0.00 per share as compensation and will vest the day before the company’s next annual meeting.
Following this grant, James directly owns 4,856 shares of common stock. He also has indirect ownership of 3,446 shares held through the John Marc James Revocable Trust DTD May 10, 2024.