Richard S. Kraemer, Senior Executive Vice President and Chief Financial Officer of Fulton Financial Corp, filed a Form 4 on September 8, 2026, disclosing multiple changes in beneficial ownership of common stock and restricted stock units dated as early as June 6, 2026.

Key Highlights

  • RSU vesting: On September 3, 2026, Kraemer acquired 14,019.4552 shares via the vesting of restricted stock units at $0.00 exercise price, bringing direct common stock holdings to 24,677.7324 shares before the tax withholding transaction.
  • Tax withholding sale: On September 3, 2026, 5,219 shares were disposed of at $23.87 per share (transaction code F), leaving a direct holding of 19,458.7324 shares.
  • ESPP purchase: On June 6, 2026, Kraemer acquired 136.4498 shares at $18.3217 per share through the Employee Stock Purchase Plan (transaction code J).
  • Remaining RSU balance: Following the reported transactions, Kraemer holds 40,123.4333 restricted stock units directly.
  • Original RSU grant: According to the filing, the RSUs vested on September 3, 2026, stem from a grant of 39,042 restricted stock units made on September 3, 2024, vesting in three equal annual installments beginning September 3, 2025, together with accumulated dividend equivalents.
  • Dividend reinvestment: The filing notes that 81.9158 shares were acquired on July 16, 2026, pursuant to dividend reinvestment, included in the post-transaction share count.

Kraemer's Ownership Changes Across Three Separate Transactions at Fulton Financial

According to the filing, Kraemer's transactions span several months and involve three distinct mechanisms. The earliest reported transaction, dated June 6, 2026, reflects a purchase of 136.4498 shares at $18.3217 per share under the company's Employee Stock Purchase Plan, coded as a transaction type J. This brought his direct holdings to 10,576.3614 shares at that time, per the filing.

On September 3, 2026, the filing reports an M-coded transaction in which 14,019.4552 restricted stock units were converted into an equal number of common shares at $0.00. The filing states that 81.9158 of the shares included in the resulting 24,677.7324 total were acquired on July 16, 2026, through dividend reinvestment. Later on the same date, an F-coded transaction disposed of 5,219 shares at $23.87 per share, a transaction type typically associated with shares withheld for tax obligations, reducing direct common stock holdings to 19,458.7324 shares.

On the derivative securities side, the filing discloses that 14,019.4552 restricted stock units were disposed of via the M-code vesting event, leaving Kraemer with 40,123.4333 RSUs held directly. The filing notes that each RSU "represents a contingent right to receive one share of Fulton Financial Corporation common stock." The issuer is listed on NASDAQ:FULT. The Form 4 was signed by Steven R. Horst as attorney in fact for Kraemer.

What Was Disclosed

The filing reported three non-derivative and one derivative transaction for Fulton Financial Corp's CFO, Richard S. Kraemer, covering an ESPP purchase, RSU vesting, a share disposition coded F, and a resulting RSU balance of 40,123.4333 units.