Rep. Lloyd Smucker trades FULT ($100,001 - $250,000)

STOCK Act PTR Disclosure

Rep. Lloyd Smucker (U.S. House of Representatives) executed a sale of Fulton Financial Corporation (FULT) common stock in the $100,001–$250,000 bracket on April 17, 2026, with the transaction disclosed via a STOCK Act-mandated Periodic Transaction Report (PTR) filed with the U.S. House Clerk on May 1, 2026. The official PTR filing is available at https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2026/20019182.pdf. This marks the first disclosed FULT stock transaction for Smucker in the provided research dataset.

Trading and Regulatory Context

Smucker has no prior disclosed FULT trades listed in the available materials. FULT operates as a regional bank within the financial services sector, an industry subject to federal financial regulatory oversight that overlaps with core congressional legislative jurisdictions. No prior sector peer transactions for Smucker are documented in the provided data.

Cross-Reference to Corporate Insiders and Market Metrics

Three days prior to Smucker’s April 17 sale, FULT director Wenger E Philip filed a Form 4 SEC disclosure on April 14, 2026 (available at https://www.sec.gov/Archives/edgar/data/700564/000134770926000002/xslF345X06/primarydocument.xml), reporting the sale of 5,000 FULT shares at $21.4174 per share for total proceeds of $107,087. Smucker’s trade occurred at a nearly identical market price point, as FULT’s closing price on April 17 was $21.62. Additional market context includes: as of December 31, 2025, 77.8% of FULT’s float was held by 330 institutional investors, a net increase of 6 holders from the prior quarter; and analyst ratings have remained steady at 1 Strong Buy, 2 Buy, and 3 Hold ratings since April 1, 2026, with no shifts in the two months before Smucker’s transaction.

Unreported Transaction Details

The PTR does not disclose the exact number of shares sold, precise dollar value of the sale (only the statutory bracket), the specific motivation for the disposition, or whether the trade was executed personally by Smucker or managed by a third-party fiduciary. STOCK Act reporting rules do not require these additional details to be disclosed in periodic transaction reports.