Director E. Philip Wenger of Fulton Financial Corporation (NASDAQ: FULT) completed a sale of 5,000 company shares on April 13, 2026, according to a recent SEC filing. The shares were transacted at a unit price of $21.4174, producing a gross proceeds total of $107,087. The execution of the sale fell within a price band of $21.37 to $21.46.
At the time of the filing the company’s shares were trading near a 52-week high of $22.99 and had risen about 43% over the previous 12 months.
Following the disposition, Wenger’s reported holdings include 578,802.0447 shares held directly. He also has indirect interests consisting of 80,477 shares held in an IRA and an additional 456.014 shares held on behalf of his children.
Market-value and dividend metrics provided in the filing and accompanying analysis show Fulton Financial trading at a price-to-earnings ratio of 10.47 and offering a dividend yield of 3.52%. The company has maintained dividend payments for 45 consecutive years. InvestingPro analysis cited in the filing indicates that FULT appears overvalued relative to its calculated Fair Value.
Recent company results for the fourth quarter of 2025 were mixed. Fulton Financial reported adjusted earnings per share of $0.55, exceeding analyst expectations of $0.49. Revenue for the quarter came in at $336.02 million, narrowly missing the consensus forecast of $336.4 million.
In response to the quarterly results, Raymond James raised its price target on Fulton Financial from $20.00 to $23.00 and kept an Outperform rating, citing solid core trends and expansion in net interest margin as the rationale for the revision.
On the corporate leadership front, Fulton announced that Karen Grafje will be elevated to Chief Human Resources Officer upon the retirement of Bernadette Taylor in June 2026. Grafje currently serves as Director of Total Rewards and HR Solutions at the company.
Contextual note - The SEC filing documents the insider transaction and the company disclosures consolidate recent financial performance, analyst reaction, and a planned HR succession.