Fulton Financial Corp Files 8-K: Director/Officer Changes & Compensation
Ticker: FULTP · Form: 8-K · Filed: Jul 23, 2024 · CIK: 700564
| Field | Detail |
|---|---|
| Company | Fulton Financial Corp (FULTP) |
| Form Type | 8-K |
| Filed Date | Jul 23, 2024 |
| Risk Level | low |
| Pages | 6 |
| Reading Time | 8 min |
| Key Dollar Amounts | $2.50, $550,000.00, $385,000.00, $750,000.00, $10,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, personnel-changes, filing
Related Tickers: FULT
TL;DR
Fulton Financial Corp 8-K: Leadership shakeup and compensation updates filed July 23rd.
AI Summary
Fulton Financial Corporation filed an 8-K on July 23, 2024, reporting changes in its board of directors and certain officers, along with updates to compensatory arrangements. The filing also includes financial statements and exhibits related to these events.
Why It Matters
This filing signals potential shifts in the company's leadership and governance structure, which could impact strategic direction and executive compensation policies.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of corporate governance and personnel changes, not indicating immediate financial distress or significant operational risk.
Key Players & Entities
- Fulton Financial Corporation (company) — Registrant
- Pennsylvania (location) — State of incorporation
- July 23, 2024 (date) — Date of report
FAQ
What specific changes were made to Fulton Financial Corporation's board of directors or officers?
The filing indicates changes related to the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers', but the specific details of these changes are not provided in the summary text.
What type of compensatory arrangements were updated for certain officers?
The filing mentions 'Compensatory Arrangements of Certain Officers' as an item information, but the specific details of these arrangements are not elaborated in the provided text.
When was this 8-K filing submitted to the SEC?
The filing was submitted on July 23, 2024.
What is Fulton Financial Corporation's principal executive office address?
The principal executive offices are located at One Penn Square, P.O. Box 4887, Lancaster, Pennsylvania 17604.
What is Fulton Financial Corporation's IRS Employer Identification Number?
The IRS Employer Identification Number for Fulton Financial Corporation is 23-2195389.
Filing Stats: 1,898 words · 8 min read · ~6 pages · Grade level 12.7 · Accepted 2024-07-23 16:37:52
Key Financial Figures
- $2.50 — ich registered Common stock, par value $2.50 FULT The Nasdaq Stock Market, LLC Depo
- $550,000.00 — t provides for an annual base salary of $550,000.00 to be reviewed annually and eligibility
- $385,000.00 — l receive a cash bonus of not less than $385,000.00 payable in April 2025 for his performan
- $750,000.00 — cted stock units ("RSUs") equivalent to $750,000.00 as of the grant date, which will vest i
- $10,000 — as of the date of termination and up to $10,000 for executive outplacement services, (d
Filing Documents
- fult-20240723.htm (8-K) — 39KB
- exhibit991newcfopressrelea.htm (EX-99.1) — 7KB
- image.jpg (GRAPHIC) — 6KB
- 0000700564-24-000042.txt ( ) — 224KB
- fult-20240723.xsd (EX-101.SCH) — 2KB
- fult-20240723_def.xml (EX-101.DEF) — 16KB
- fult-20240723_lab.xml (EX-101.LAB) — 28KB
- fult-20240723_pre.xml (EX-101.PRE) — 16KB
- fult-20240723_htm.xml (XML) — 4KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release dated July 23, 2024 104 Cover 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 23, 2024 FULTON FINANCIAL CORPORATION By: /s/ Beth Ann L. Chivinski Beth Ann L. Chivinski Senior Executive Vice President and Interim Chief Financial Officer