United Community Banks EVP and Chief Banking Officer Richard Bradshaw Sells 1,424 Shares Under Rule 10b5-1 Plan

Details of Executive Officer Stock Sale

The filing reveals that Richard Bradshaw, serving as Executive Vice President and Chief Banking Officer at United Community Banks Inc., completed two stock sales on July 27, 2026. Initially, Bradshaw sold 1,422 shares at $35.09 each, followed by a sale of 2 shares at $35.15 each. Both transactions were conducted through direct ownership without any indirect beneficial ownership involvement.

The total proceeds from these sales approximated $49,999 based on the disclosed prices and quantities. The small volume in the second sale suggests the trades may have been executed via multiple market orders or at different times during the trading session. Post-sale, Bradshaw’s direct beneficial ownership stands at 83,228 shares, reflecting a significant retained equity stake in the company.

Understanding the Rule 10b5-1 Trading Plan

The transactions were carried out pursuant to a Rule 10b5-1 trading plan, a regulatory framework permitting corporate insiders to establish predetermined schedules for buying or selling securities. This mechanism provides an affirmative defense against insider trading allegations if the plan was adopted when the insider was not in possession of material non-public information.

Bradshaw’s use of this plan indicates the sales were pre-scheduled and executed according to established terms, rather than opportunistic trades based on confidential information. The filing’s explanation section confirms the transaction’s compliance with this structured trading approach, enhancing transparency for investors.

Officer’s Equity Ownership and Its Significance

Following these sales, Bradshaw continues to hold a substantial direct ownership stake of 83,228 shares in United Community Banks. This sizeable equity position aligns with his senior executive role and suggests ongoing alignment of his financial interests with those of shareholders.

The disclosed holdings represent direct beneficial ownership, granting Bradshaw full voting and economic rights without intermediary arrangements. For investors, this significant retained ownership may signal confidence in the company’s long-term strategy and prospects.

Transaction Timing and Market Context

The stock sales took place on July 27, 2026, and were promptly reported to the Securities and Exchange Commission (SEC) under Section 16(a) of the Securities Exchange Act of 1934, which mandates timely disclosure of insider ownership changes. The filing was signed by Melinda Davis Lux, Attorney in Fact, authorized to submit the disclosure on Bradshaw’s behalf.

The shares were sold at prices of $35.09 and $35.15, reflecting prevailing market conditions during the trading day. The narrow price range suggests the transactions occurred within a short time frame during the same trading session.

Compliance and Reporting Standards

The Form 4 filing provides comprehensive transparency on the equity sales, including transaction codes, security details, and post-transaction ownership. The sales are designated with an "S" code, indicating securities sales, allowing investors and analysts to accurately monitor insider trading activity and confirm regulatory compliance.

United Community Banks’ officers and directors are subject to stringent disclosure requirements under Section 16, which requires reporting beneficial ownership changes within two business days. This timely filing demonstrates adherence to SEC rules and provides current insight into executive equity positions.

Implications of Management’s Stock Transactions for Investors

For shareholders, insider ownership and trading activity offer valuable insights into management’s confidence in the company. Bradshaw’s retention of 83,228 shares despite selling a portion of his holdings suggests continued significant personal financial exposure to United Community Banks’ stock performance.

While the sale may reflect routine portfolio management or diversification, the use of a Rule 10b5-1 plan indicates the trades were pre-planned and not reactive to material non-public information. Investors should consider these insider transactions alongside broader company performance and market conditions.

About United Community Banks and Its Operations

United Community Banks Inc. is a regional financial services provider operating across multiple states, offering deposit products, lending, and other banking solutions to consumers and businesses. Richard Bradshaw’s role as Chief Banking Officer involves overseeing core banking operations and strategic lending initiatives. The company’s leadership team includes multiple executives responsible for various operational functions.

This filing focuses solely on insider trading activity and does not provide details on the company’s financial performance or strategic outlook. Investors seeking comprehensive financial information should consult quarterly and annual SEC filings, earnings releases, and investor relations materials.

Insider Transaction Reporting and Regulatory Framework

Form 4 filings serve as a critical component of the SEC’s insider trading disclosure regime, informing the public of significant equity transactions by insiders such as officers and directors. These disclosures promote transparency and enable market participants to assess the potential impact of insider trades on company valuation and shareholder interests.

The reviewed filing meets all SEC content and formatting requirements, including identification of the reporting person, transaction details, security descriptions, and ownership changes. The explicit mention of the Rule 10b5-1 plan underscores the company’s commitment to regulatory compliance and transparent insider trading practices.