Beth Ann L. Chivinski - 01 May 2024 Form 4 Insider Report for FULTON FINANCIAL CORP (FULT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 May 2024, 11:24:27 UTC
Prior SEC filing
08 Feb 2024
Next SEC filing
02 Jan 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
John R. Merva, Attorney-in-Fact

Key filing fact

Beth Ann L. Chivinski filed Form 4 for FULTON FINANCIAL CORP (FULT) on 03 May 2024.

Key facts

  • This page summarizes Beth Ann L. Chivinski's Form 4 filing for FULTON FINANCIAL CORP (FULT).
  • 5 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 03 May 2024, 11:24.

Change

  • Previous filing in this sequence was filed on 08 Feb 2024.
  • Current net transaction value: -$196,295.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FULT transaction

$2.50 par value Common Stock

Options Exercise

Transaction value
$0
Shares
+26,149
Change %
+27%
Price
$0.000000
Shares after
123,015
Date
01 May 2024
Ownership
Direct
FULT transaction

$2.50 par value Common Stock

Tax liability

Transaction value
$196,295
Shares
-11,615
Change %
-9.4%
Price
$16.90
Shares after
111,400
Date
01 May 2024
Ownership
Direct
Footnotes
F1
FULT holding

$2.50 par value Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
10,934
Date
01 May 2024
Ownership
By 401(k)
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FULT transaction Derivative

Performance Stock Units

Options Exercise

Transaction value
$0
Shares
-25,929
Change %
-100%
Price
$0.000000*
Shares after
0
Date
01 May 2024
Ownership
Direct
Underlying class
$2.50 par value Common Stock
Underlying amount
25,929
Exercise price
Footnotes
F3, F4
FULT transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+9,326
Change %
Price
$0.000000
Shares after
9,326
Date
01 May 2024
Ownership
Direct
Underlying class
$2.50 par value Common Stock
Underlying amount
9,326
Exercise price
Footnotes
F5, F6, F7
FULT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-220
Change %
-2.4%
Price
$0.000000
Shares after
9,106
Date
01 May 2024
Ownership
Direct
Underlying class
$2.50 par value Common Stock
Underlying amount
9,106
Exercise price
Footnotes
F5, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Represents shares withheld to cover the reporting person's tax liability.

Footnote F2

Based on Plan Statement as of March 31, 2024.

Footnote F3

Each performance-based restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation's common stock.

Footnote F4

Reflects the earning and vesting of certain performance-based restricted stock units ("PSUs"), including accrued dividend equivalents, as of May 1, 2024. The PSUs were granted on May 1, 2021. The PSUs were earned and vested based upon Fulton Financial Corporation's level of achievement of total shareholder return, relative to a defined peer group, and net income goals during the applicable performance periods, as specified at the time of grant.

Footnote F5

Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock.

Footnote F6

Restricted stock unit award granted May 1, 2024 under the Fulton Financial Corporation 2022 Amended and Restated Equity and Cash Incentive Compensation Plan.

Footnote F7

The restricted stock units cliff vest three years from the grant date. Vested shares will be delivered to the reporting person three years from the grant date.

Footnote F8

Reflects the earning and vesting of certain restricted stock units to cover the reporting person's tax liability.

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