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[8-K] Fulton Financial Corp Reports Material Event

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Key Takeaways

Dave Inc. (NASDAQ: DAVE) filed a Form 4 indicating that Chief Financial Officer, Chief Operating Officer and Secretary Kyle Beilman received 3,240 Class A common shares on 14 July 2025 through a restricted stock unit (RSU) grant under the Amended and Restated 2021 Equity Incentive Plan. The RSUs were granted at $0 cost to the executive and will vest 1/16 on 1 September 2025 with the remaining shares vesting in equal quarterly instalments thereafter, conditional upon continued service.

Following the award, Beilman’s direct beneficial ownership increases to 227,622 Class A shares. No shares were sold, and no derivative securities were exercised or disposed of in this filing.

The transaction is primarily a routine equity incentive intended to align management and shareholder interests; it does not materially change the company’s capital structure or near-term financial outlook.

Punti Chiave

Dave Inc. (NASDAQ: DAVE) ha presentato un Modulo 4 indicando che il Direttore Finanziario, Direttore Operativo e Segretario Kyle Beilman ha ricevuto 3.240 azioni ordinarie di Classe A il 14 luglio 2025 tramite una concessione di unità azionarie vincolate (RSU) nell'ambito del Piano di Incentivi Azionari 2021 emendato e ristabilito. Le RSU sono state assegnate a costo zero per il dirigente e matureranno 1/16 il 1° settembre 2025, con le restanti azioni che matureranno in rate trimestrali uguali successivamente, a condizione che il servizio continui.

A seguito dell'assegnazione, la proprietà diretta effettiva di Beilman aumenta a 227.622 azioni di Classe A. Nessuna azione è stata venduta e non sono stati esercitati o ceduti titoli derivati in questa comunicazione.

La transazione è principalmente un incentivo azionario di routine volto ad allineare gli interessi del management e degli azionisti; non modifica sostanzialmente la struttura del capitale della società né le prospettive finanziarie a breve termine.

Puntos Clave

Dave Inc. (NASDAQ: DAVE) presentó un Formulario 4 indicando que el Director Financiero, Director de Operaciones y Secretario Kyle Beilman 𳦾ó 3,240 acciones ordinarias Clase A el 14 de julio de 2025 mediante una concesión de unidades de acciones restringidas (RSU) bajo el Plan de Incentivos de Capital 2021 enmendado y restablecido. Las RSU se otorgaron a costo cero para el ejecutivo y se consolidarán 1/16 el 1 de septiembre de 2025, con las acciones restantes consolidándose en cuotas trimestrales iguales posteriormente, condicionado a la continuidad del servicio.

Tras la adjudicación, la propiedad directa beneficiosa de Beilman aumenta a 227,622 acciones Clase A. No se vendieron acciones ni se ejercieron o dispusieron valores derivados en esta presentación.

La transacción es principalmente un incentivo de capital rutinario destinado a alinear los intereses de la gerencia y los accionistas; no cambia materialmente la estructura de capital de la empresa ni las perspectivas financieras a corto plazo.

주요 내용

Dave Inc. (NASDAQ: DAVE)� 재무책임�, 최고운영책임� � 비서� Kyle Beilman� 2025� 7� 14일에 수정 � 재확인된 2021� 주식 인센티브 계획� 따라 제한 주식 단위(RSU) 부여를 통해 3,240� 클래� A 보통�� 받았음을 나타내는 Form 4� 제출했습니다. RSU� 임원에게 비용 없이 부여되었으�, 2025� 9� 1일에 1/16� 베스팅되� 이후 남읶� 주식읶 계속 근무 조건 하에 동등� 분기� 할부� 베스팅됩니다.

수여 � Beilman� 직접 실질 소유�227,622� 클래� A 주식� 증가합니�. 이번 신고에서� 주식 매도� 파생 증권 행사 또는 처분� 없었습니�.

이번 거래� 주로 경영진과 주주 � 이익� 일치시키� 위한 일상적인 주식 인센티브�, 회사� 자본 구조� 단기 재무 전망� 중대� 변화를 주지 않습니다.

Points Clés

Dave Inc. (NASDAQ : DAVE) a déposé un formulaire 4 indiquant que le directeur financier, directeur des opérations et secrétaire Kyle Beilman a reçu 3 240 actions ordinaires de classe A le 14 juillet 2025 via une attribution d’unités d’actions restreintes (RSU) dans le cadre du Plan d’Incitation en Actions 2021 modifié et rétabli. Les RSU ont été attribuées à coût nul pour le dirigeant et seront acquises à hauteur de 1/16 le 1er septembre 2025, les actions restantes étant acquises par tranches trimestrielles égales par la suite, sous condition de service continu.

Suite à cette attribution, la possession directe effective de Beilman passe à 227 622 actions de classe A. Aucune action n’a été vendue, et aucun titre dérivé n’a été exercé ou cédé dans ce dépôt.

Cette opération est principalement une incitation en actions de routine visant à aligner les intérêts de la direction et des actionnaires ; elle ne modifie pas de manière significative la structure du capital de la société ni ses perspectives financières à court terme.

Wichtige Erkenntnisse

Dave Inc. (NASDAQ: DAVE) reichte ein Formular 4 ein, das angibt, dass der Finanzvorstand, Chief Operating Officer und Sekretär Kyle Beilman am 14. Juli 2025 3.240 Stammaktien der Klasse A im Rahmen eines Restricted Stock Unit (RSU)-Gewährung nach dem geänderten und neu gefassten Aktienanreizplan 2021 erhalten hat. Die RSUs wurden dem Geschäftsführer kostenlos gewährt und werden am 1. September 2025 zu 1/16 fällig, wobei die restlichen Aktien anschließend in gleichen vierteljährlichen Raten unter der Bedingung fortgesetzter Dienstzeit fällig werden.

Nach der Zuteilung erhöht sich Beilmans direkter wirtschaftlicher Eigentumsanteil auf 227.622 Klasse A Aktien. Es wurden keine Aktien verkauft und keine Derivate ausgeübt oder veräußert.

Die Transaktion ist hauptsächlich eine routinemäßige Aktienanreizmaßnahme zur Angleichung der Interessen von Management und Aktionären; sie ändert die Kapitalstruktur des Unternehmens oder die kurzfristigen finanziellen Aussichten nicht wesentlich.

Positive
  • Enhanced management alignment: Executive ownership rises to 227,622 shares, reinforcing long-term incentive structure.
Negative
  • None.

Insights

TL;DR Routine RSU grant; modest size; neutral impact on valuation but supports management–shareholder alignment.

The Form 4 reveals a 3,240-share RSU grant to CFO/COO Kyle Beilman. With a post-transaction holding of 227,622 shares, the award is small relative to Dave Inc.’s outstanding share count and does not signal insider buying or selling pressure. Because the RSUs vest over four years, the grant encourages executive retention and long-term focus. However, the issuance is immaterial to float dilution or earnings per share. Overall impact on valuation, liquidity and governance is neutral.

Punti Chiave

Dave Inc. (NASDAQ: DAVE) ha presentato un Modulo 4 indicando che il Direttore Finanziario, Direttore Operativo e Segretario Kyle Beilman ha ricevuto 3.240 azioni ordinarie di Classe A il 14 luglio 2025 tramite una concessione di unità azionarie vincolate (RSU) nell'ambito del Piano di Incentivi Azionari 2021 emendato e ristabilito. Le RSU sono state assegnate a costo zero per il dirigente e matureranno 1/16 il 1° settembre 2025, con le restanti azioni che matureranno in rate trimestrali uguali successivamente, a condizione che il servizio continui.

A seguito dell'assegnazione, la proprietà diretta effettiva di Beilman aumenta a 227.622 azioni di Classe A. Nessuna azione è stata venduta e non sono stati esercitati o ceduti titoli derivati in questa comunicazione.

La transazione è principalmente un incentivo azionario di routine volto ad allineare gli interessi del management e degli azionisti; non modifica sostanzialmente la struttura del capitale della società né le prospettive finanziarie a breve termine.

Puntos Clave

Dave Inc. (NASDAQ: DAVE) presentó un Formulario 4 indicando que el Director Financiero, Director de Operaciones y Secretario Kyle Beilman 𳦾ó 3,240 acciones ordinarias Clase A el 14 de julio de 2025 mediante una concesión de unidades de acciones restringidas (RSU) bajo el Plan de Incentivos de Capital 2021 enmendado y restablecido. Las RSU se otorgaron a costo cero para el ejecutivo y se consolidarán 1/16 el 1 de septiembre de 2025, con las acciones restantes consolidándose en cuotas trimestrales iguales posteriormente, condicionado a la continuidad del servicio.

Tras la adjudicación, la propiedad directa beneficiosa de Beilman aumenta a 227,622 acciones Clase A. No se vendieron acciones ni se ejercieron o dispusieron valores derivados en esta presentación.

La transacción es principalmente un incentivo de capital rutinario destinado a alinear los intereses de la gerencia y los accionistas; no cambia materialmente la estructura de capital de la empresa ni las perspectivas financieras a corto plazo.

주요 내용

Dave Inc. (NASDAQ: DAVE)� 재무책임�, 최고운영책임� � 비서� Kyle Beilman� 2025� 7� 14일에 수정 � 재확인된 2021� 주식 인센티브 계획� 따라 제한 주식 단위(RSU) 부여를 통해 3,240� 클래� A 보통�� 받았음을 나타내는 Form 4� 제출했습니다. RSU� 임원에게 비용 없이 부여되었으�, 2025� 9� 1일에 1/16� 베스팅되� 이후 남읶� 주식읶 계속 근무 조건 하에 동등� 분기� 할부� 베스팅됩니다.

수여 � Beilman� 직접 실질 소유�227,622� 클래� A 주식� 증가합니�. 이번 신고에서� 주식 매도� 파생 증권 행사 또는 처분� 없었습니�.

이번 거래� 주로 경영진과 주주 � 이익� 일치시키� 위한 일상적인 주식 인센티브�, 회사� 자본 구조� 단기 재무 전망� 중대� 변화를 주지 않습니다.

Points Clés

Dave Inc. (NASDAQ : DAVE) a déposé un formulaire 4 indiquant que le directeur financier, directeur des opérations et secrétaire Kyle Beilman a reçu 3 240 actions ordinaires de classe A le 14 juillet 2025 via une attribution d’unités d’actions restreintes (RSU) dans le cadre du Plan d’Incitation en Actions 2021 modifié et rétabli. Les RSU ont été attribuées à coût nul pour le dirigeant et seront acquises à hauteur de 1/16 le 1er septembre 2025, les actions restantes étant acquises par tranches trimestrielles égales par la suite, sous condition de service continu.

Suite à cette attribution, la possession directe effective de Beilman passe à 227 622 actions de classe A. Aucune action n’a été vendue, et aucun titre dérivé n’a été exercé ou cédé dans ce dépôt.

Cette opération est principalement une incitation en actions de routine visant à aligner les intérêts de la direction et des actionnaires ; elle ne modifie pas de manière significative la structure du capital de la société ni ses perspectives financières à court terme.

Wichtige Erkenntnisse

Dave Inc. (NASDAQ: DAVE) reichte ein Formular 4 ein, das angibt, dass der Finanzvorstand, Chief Operating Officer und Sekretär Kyle Beilman am 14. Juli 2025 3.240 Stammaktien der Klasse A im Rahmen eines Restricted Stock Unit (RSU)-Gewährung nach dem geänderten und neu gefassten Aktienanreizplan 2021 erhalten hat. Die RSUs wurden dem Geschäftsführer kostenlos gewährt und werden am 1. September 2025 zu 1/16 fällig, wobei die restlichen Aktien anschließend in gleichen vierteljährlichen Raten unter der Bedingung fortgesetzter Dienstzeit fällig werden.

Nach der Zuteilung erhöht sich Beilmans direkter wirtschaftlicher Eigentumsanteil auf 227.622 Klasse A Aktien. Es wurden keine Aktien verkauft und keine Derivate ausgeübt oder veräußert.

Die Transaktion ist hauptsächlich eine routinemäßige Aktienanreizmaßnahme zur Angleichung der Interessen von Management und Aktionären; sie ändert die Kapitalstruktur des Unternehmens oder die kurzfristigen finanziellen Aussichten nicht wesentlich.

0000700564false00007005642025-07-152025-07-150000700564us-gaap:CommonStockMember2025-07-152025-07-150000700564us-gaap:SeriesAPreferredStockMember2025-07-152025-07-15

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

July 15, 2025
Date of Report (date of earliest event reported)

Fulton Financial Corporation
(Exact name of registrant as specified in its charter)
Pennsylvania
001-39680
23-2195389
(State or other jurisdiction of incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)
One Penn Square,
P.O. Box 4887
Lancaster,
Pennsylvania
17604
               (Address of Principal Executive Offices)
(Zip Code)
(717) 291-2411
(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common stock, par value $2.50FULTThe Nasdaq Stock Market, LLC
Depositary Shares, Each Representing 1/40th Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A
FULTPThe Nasdaq Stock Market, LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
o




Item 2.02 Results of Operations and Financial Condition.

    On July 15, 2025, Fulton Financial Corporation (the "Corporation") issued a press release (the "Press Release") announcing its results of operations for the second quarter and six months ended June 30, 2025. A copy of the Press Release and supplementary financial information which accompanied the Press Release are attached as Exhibit 99.1 to this Current Report on Form 8-K (this "Current Report") and are incorporated herein by reference. The Corporation also posted on its Investor Relations website, www.fultonbank.com, presentation materials the Corporation intends to use during a conference call and webcast to discuss those results on Wednesday, July 16, 2025 at 10:00 a.m. eastern time. A copy of the presentation materials is attached as Exhibit 99.2 to this Current Report and is incorporated herein by reference.    

The information included in Exhibit 99.1 shall be deemed filed for purposes of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and therefore may be incorporated by reference in filings under the Securities Act of 1933, as amended (the "Securities Act"). The information included in Exhibit 99.2 is being furnished and shall not be deemed filed for purposes of the Exchange Act or be incorporated by reference in any filing under the Securities Act.

Forward-Looking Statements

This Current Report, including Exhibits 99.1 and 99.2, may contain forward-looking statements with respect to the Corporation's financial condition, results of operations and business. Do not unduly rely on forward-looking statements. Forward-looking statements can be identified by the use of words such as "may," "should," "will," "could," "estimates," "predicts," "potential," "continue," "anticipates," "believes," "plans," "expects," "future," "intends," "projects," the negative of these terms and other comparable terminology. These forward-looking statements may include projections of, or guidance on, the Corporation's future financial performance, expected levels of future expenses, including future credit losses, anticipated growth strategies, descriptions of new business initiatives and anticipated trends in the Corporation's business or financial results. Management’s "2025 Operating Guidance" contained in Exhibit 99.2 to this Current Report is comprised of forward-looking statements.

Forward-looking statements are neither historical facts nor assurance of future performance. Instead, the statements are based on current beliefs, expectations and assumptions regarding the future of the Corporation's business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Corporation's control, and actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not unduly rely on any of these forward-looking statements. Any forward-looking statement is based only on information currently available and speaks only as of the date when made. The Corporation undertakes no obligation, other than as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

A discussion of certain risks and uncertainties affecting the Corporation, and some of the factors that could cause the Corporation's actual results to differ materially from those described in the forward-looking statements, can be found in the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Corporation's Annual Report on Form 10-K for the year ended December 31, 2024, Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 and other current and periodic reports, which have been, or will be, filed with the Securities and Exchange Commission (the "SEC") and are, or will be, available in the Investor Relations section of the Corporation's website (www.fultonbank.com) and on the SEC's website (www.sec.gov).









Item 9.01 Financial Statements and Exhibits.
(d)    Exhibits.
Exhibit No.Description
99.1
Press release dated July 15, 2025 containing financial information for the second quarter and six months ended June 30, 2025, deemed filed under the Securities Exchange Act of 1934.
99.2
Presentation materials to be discussed during the conference call and webcast on July 16, 2025, deemed furnished under the Securities Exchange Act of 1934.
104Cover page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document)

SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: July 15, 2025
FULTON FINANCIAL CORPORATION
By: /s/ Richard S. Kraemer
       Richard S. Kraemer
       Senior Executive Vice President and
       Chief Financial Officer


FAQ

How many Dave Inc. (DAVE) shares did the CFO receive in this Form 4?

The filing reports a grant of 3,240 Class A common shares to CFO/COO Kyle Beilman.

What is the vesting schedule for the 3,240 RSUs awarded to Kyle Beilman?

The RSUs vest 1/16 on 1 September 2025 and 1/16 on each quarterly anniversary thereafter, contingent on continued service.

What is the CFO’s total direct ownership after this insider transaction?

Following the grant, Beilman directly owns 227,622 Class A shares of Dave Inc.

Did the Form 4 include any stock sales or option exercises?

No. The filing only shows an award of RSUs; there were no sales, disposals, or derivative transactions.

Why is this Form 4 filing important for Dave Inc. investors?

It highlights ongoing executive retention incentives and shows that management continues to hold a meaningful equity position, though the grant size is not material to share count.
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