Director Shirk Michael F converted options into 3,703 units of $2.50 par value Common Stock, increasing direct ownership by 23% to 19,564 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) 06/01/2025 | ||||||||||||||||||||||||||
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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 | 06/01/2025 | M | 3,702.9005 | A | $0.00 | 19,564.1188(1) | D | |||
| $2.50 par value Common Stock | 10,163.4892 | I | By Children | |||||||
| $2.50 par value Common Stock | 37,608 | I | By JOS Credit Shelter Trust | |||||||
| $2.50 par value Common Stock | 2,756 | I | By Spouse SEP Account | |||||||
| $2.50 par value Common Stock | 3,000 | I | By Tipararee, LLC | |||||||
| Depositary Shares-Non Cumulative Perpetual Sr A | 3,000(2) | 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 | (3) | 06/01/2025 | M | 3,702.9005 | (4) | (4) | $2.50 par value Common Stock | 3,702.9005 | $0.00 | 0.00 | D | ||||
| Restricted Stock Units | (3) | 06/01/2025 | A | 4,928 | (5)(6) | (5)(6) | $2.50 par value Common Stock | 4,928 | $0.00 | 4,928 | D | ||||
| Explanation of Responses: |
| 1. Includes 10,213 shares held jointly with spouse. |
| 2. Includes shares held jointly with spouse. |
| 3. Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock, $2.50 par value per share. |
| 4. Represents 3,563 restricted stock units granted to the reporting person on June 1, 2024, together with 139.9005 accumulated dividend equivalents, for which the forfeiture restrictions lapsed on June 1, 2025. The common stock into which the restricted stock units were converted is reported in Table I of this Form 4. |
| 5. The restricted stocks units, together with accumulated dividend equivalents, will convert to common stock on the first anniversary of the date of the grant or, at the election of the reporting person, in up to three equal annual installments beginning in January of the year following the year in which the reporting person retires or separates from the Fulton Financial Corporation Board of Directors. |
| 6. Forfeiture restrictions lapse on the restricted stock units on the first anniversary of the date of grant, or earlier in accordance with the Fulton Financial Corporation Amended and Restated 2023 Director Equity Plan. |
| Remarks: |
| Mark A. Crowe, Attorney-in-Fact | 06/03/2025 | |
| ** 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. | ||