Sr.EVP & Chief Legal Officer Luddington Natasha R. converted options into 85 units of $2.50 par value Common Stock and covered exercise/tax liability with 41 units of $2.50 par value Common Stock, increasing direct ownership by 0.23% to 19,109 units (SEC Form 4)
$FULT
Major Banks
Finance
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
FULTON FINANCIAL CORP [ FULT ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 05/14/2025 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| $2.50 par value Common Stock | 05/14/2025 | M | 85.0242(1) | A | $0.00 | 19,150.0242 | D | |||
| $2.50 par value Common Stock | 05/14/2025 | F(2) | 41.0242 | D | $20.76(3) | 19,109 | D | |||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Restricted Stock Units | (4) | 05/14/2025 | M | 85.0242(5) | (5) | (5) | $2.50 par value Common Stock | 85.0242 | $0.00 | 15,972.2329 | D | ||||
| Explanation of Responses: |
| 1. Represents dividend equivalent units (the "DEUs") credited to the restricted stock units granted January 3, 2022 (the "RSUs") with respect to the common stock dividend declared on December 17, 2024 and payable on January 15, 2025 to shareholders of record as of December 31, 2024 (the "January 2025 Dividend"). The RSUs were unvested as of the record date for the January 2025 Dividend and vested on January 3, 2025. Due to inadvertent error, delivery of shares of common stock with respect to the January 2025 Dividend to the reporting person did not occur until May 14, 2025. |
| 2. Represents shares withheld to cover the reporting person's tax liability. |
| 3. Price reflects the closing price of Fulton Financial Corporation common stock on January 15, 2025, the payment date for the January 2025 Dividend. |
| 4. Represents the DEUs credited on the RSUs with respect to the January 2025 Dividend. Each restricted stock unit represents the contingent right to receive one share of Fulton Financial Corporation common stock. |
| 5. Represents the DEUs credited on the RSUs with respect to the January 2025 Dividend. The RSUs were unvested as of the record date for the January 2025 Dividend and vested on January 3, 2025. Due to inadvertent error, delivery of shares of common stock with respect to the January 2025 Dividend to the reporting person did not occur until May 14, 2025. The restricted stock units were credited with additional dividend equivalent units with respect to the common stock dividend declared on March 18, 2025 and payable on April 15, 2025 to shareholders of record as of April 1, 2025 that were cancelled and the reporting person received a cash payment with respect to that dividend. |
| Remarks: |
| Mark A. Crowe, Attorney-in-Fact | 05/16/2025 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||