Jefferson L. Harralson, Executive Vice President and Chief Financial Officer of United Community Banks Inc., sold 25,000 shares of common stock on July 28, 2026, according to a regulatory filing. The transaction was executed at a weighted average price of $35.41 per share across multiple trades. Following the sale, Harralson's direct beneficial ownership of the company's stock stood at 37,433 shares.

Key Points

  • NYSE: UCB
  • CFO Jefferson L. Harralson sold 25,000 shares of United Community Banks common stock on July 28, 2026
  • Weighted average sale price was $35.41 per share; individual trades ranged from $35.32 to $35.60
  • Harralson retains 37,433 shares in direct beneficial ownership following the transaction

Details of the Stock Sale Transaction

Jefferson L. Harralson, who holds the position of Executive Vice President and Chief Financial Officer at United Community Banks Inc., executed a sale of 25,000 shares of the company's common stock on July 28, 2026. The filing indicates this was a direct transaction, meaning the shares were held directly rather than through an intermediary or trust arrangement. The sale was processed through multiple individual trades rather than as a single block transaction.

The weighted average price reported in the filing was $35.41 per share. However, the individual transactions comprising this sale occurred at varying prices within a defined range. The filing states that shares were sold at prices ranging from $35.32 to $35.60 per share, inclusive. Harralson undertook to provide full information regarding the number of shares sold at each separate price within this range, upon request from the company, any security holder, or the Securities and Exchange Commission staff.

Harralson's Remaining Stake in United Community Banks

Following the completion of the 25,000-share sale, Harralson's direct beneficial ownership of United Community Banks common stock totaled 37,433 shares. This remaining position represents his direct holdings in the company, excluding any shares held indirectly through trusts, family arrangements, or other indirect ownership structures. The filing does not disclose whether Harralson holds additional shares through indirect beneficial ownership arrangements.

As a company executive, Harralson's shareholdings are subject to reporting requirements under Section 16(a) of the Securities Exchange Act of 1934. These requirements mandate that officers, directors, and ten-percent shareholders report changes in their beneficial ownership positions. The executive's sale activity provides investors with transparency regarding insider transactions at the financial institution.

Weighted Average Pricing and Trade Execution

The disclosure of a weighted average price of $35.41 across multiple transactions indicates that Harralson's sale did not occur as a single trade at a uniform price. Instead, the shares were sold across multiple execution points, likely reflecting typical stock sale practices where large blocks are often divided to manage market impact. The price range from $35.32 to $35.60 represents a relatively narrow band, suggesting the sale took place over a concentrated time period or within a single trading session.

The filing's footnote regarding the weighted average price demonstrates the level of detail required in insider transaction reporting. By disclosing both the weighted average and the range of individual prices, the filing provides investors and regulators with sufficient information to understand the execution characteristics of the transaction. The reporting person undertook to provide additional granular details on request, adding another layer of transparency to the transaction record.

Executive's Role and Leadership Position

Jefferson L. Harralson holds the title of Executive Vice President and Chief Financial Officer at United Community Banks Inc., making him a principal financial officer of the organization. As the CFO, Harralson is responsible for managing the company's financial strategy, reporting, and control structures. His position places him among the company's most senior executives with respect to financial matters and corporate governance.

The filing identifies Harralson's address as the company's principal office location at 200 East Camperdown Way in Greenville, South Carolina 29601. His filing status as an officer subject to Section 16 reporting obligations reflects the regulatory requirements applicable to senior management at publicly traded financial institutions. Such reporting requirements apply to officers, directors, and significant shareholders to ensure market participants have access to information about insider trading activity.

Regulatory Filing and Disclosure Process

The Form 4 filing was executed on July 28, 2026, the same date as the transaction, indicating prompt compliance with SEC reporting timelines. The document was signed by Melinda Davis Lux, identified as an attorney in fact, acting on behalf of Harralson. This arrangement allows executives to delegate the administrative responsibility of filing while maintaining accountability for the accuracy of reported information.

The filing was submitted in accordance with Section 16(a) of the Securities Exchange Act of 1934, which establishes the framework for reporting changes in beneficial ownership by company insiders. The disclosure demonstrates the regulatory infrastructure designed to provide investors and market participants with timely information about insider transactions. The requirement to undertake to provide additional detail upon request further reinforces the disclosure obligations that accompany insider trading reports.

Market Context and Timing Considerations

The July 28, 2026 transaction date places the sale during the summer period of the year. The filing does not disclose whether this sale was part of a pre-planned trading arrangement or executed under a Rule 10b5-1 trading plan. While the Form 4 includes a checkbox for indicating whether a transaction was made pursuant to such a plan, the filing does not indicate that this transaction was conducted under those provisions.

Investors monitoring insider trading activity at United Community Banks may analyze the timing and volume of executive transactions as part of their broader investment analysis. The sale of 25,000 shares by the CFO represents a meaningful transaction that could provide insights into executive confidence levels or financial management decisions. However, the filing itself does not provide commentary from management regarding the rationale for the sale or any forward-looking perspectives on the company's financial condition.

Beneficial Ownership Reporting Requirements

The filing confirms that Harralson is classified as an officer of United Community Banks, triggering the beneficial ownership reporting obligations established by securities law. These requirements apply to direct ownership of securities as well as any indirect beneficial interests the reporting person may hold. Direct beneficial ownership, as disclosed in this transaction, refers to securities held in the reporting person's own name or through arrangements where the individual maintains voting and investment control.

The post-transaction beneficial ownership figure of 37,433 shares represents Harralson's direct holdings following the sale. The filing structure allows investors to track changes in executive shareholdings over time by reviewing successive Form 4 filings. This cumulative disclosure approach helps investors understand the trajectory of an executive's investment in the company and their personal financial commitment to the organization.

No Additional Derivative Securities Reported

Table II of the filing, which addresses derivative securities such as options, warrants, or convertible instruments, contains no entries. This indicates that the transaction reported in the filing involved only direct common stock shares and did not include any changes to derivative positions held by Harralson. The absence of derivative security transactions suggests that the filing addresses only the common stock sale transaction executed on July 28, 2026.

For investors analyzing executive compensation and shareholding structures, the absence of reported derivative securities in this filing does not necessarily indicate that Harralson holds no options or other equity-based instruments. Rather, it indicates that on this particular transaction date, no derivative securities were acquired, disposed of, or underwent changes in beneficial ownership status. Additional derivative holdings, if any, would be separately reported when changes to those positions occur.

Company and Filing Information

United Community Banks Inc. trades on the New York Stock Exchange under the ticker symbol UCB. The company is a financial institution headquartered in Greenville, South Carolina. The Form 4 filing represents one element of the comprehensive disclosure framework applicable to publicly traded companies operating in the financial services sector, where regulators place particular emphasis on transparency regarding management's financial interests.

The filing itself carries significant legal weight, as Form 4 submissions include certifications regarding the accuracy of disclosed information. The form includes a notice stating that intentional misstatements or omissions of facts constitute Federal Criminal Violations under 18 U.S.C. Section 1001 and 15 U.S.C. Section 78ff(a). This legal framework underscores the importance of accurate reporting and provides investors with assurance that disclosed insider transactions are subject to serious regulatory oversight.