[Form 4] Atlantic Union Bankshares Corp Insider Trading Activity
Atlantic Union Bankshares Corp director reported a new deferred compensation award in the form of phantom stock.
Rhea-AI Filing Summary
Atlantic Union Bankshares Corp director reported a new deferred compensation award in the form of phantom stock. On 01/02/2026, the reporting person acquired 567 shares of phantom stock, coded as an acquisition of a derivative security. The reference value for this award was $35.3 per share, based on the market closing price on the last trading day before the transaction date.
Each share of phantom stock is the economic equivalent of one share of common stock and will be paid out in cash or common stock at the time chosen in the director’s deferred compensation election, with installment elections payable only in cash. After this transaction, the director beneficially owned 12,708.892 shares of phantom stock held indirectly through a trustee of a non-qualified deferred compensation plan, which amount includes 131.360 additional shares accumulated through dividend reinvestment since the prior report.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 567 | $35.30 | $20K |
Footnotes (3)
- F1. Based on the market closing price on the last trading day before the transaction date.
- F2. Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash or common stock, at the time elected by the reporting person in the reporting person's deferred compensation election form; provided, that if the reporting person elected to receive distributions under the Company's non-qualified deferred compensation plan in installments, such amounts are payable only in cash.
- F3. Includes 131.360 additional shares acquired through dividend reinvestment since the reporting person's last Form 4.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many phantom stock units does the AUB director hold after this transaction?
Following the reported transaction, the director beneficially owned 12,708.892 shares of phantom stock, held indirectly by a trustee under the company’s non-qualified deferred compensation plan.
At what value was the AUB phantom stock award measured for this Form 4?
The reference value for the phantom stock award was $35.3 per share, which is based on the market closing price on the last trading day before the transaction date, as explained in the footnotes.
How are distributions from the AUB non-qualified deferred compensation plan made to the director?
According to the disclosure, the phantom stock becomes payable, in cash or common stock, at the time elected by the reporting person. If the reporting person elected to receive distributions in installments under the company’s non-qualified deferred compensation plan, those installment amounts are payable only in cash.
What role does dividend reinvestment play in the director’s AUB phantom stock holdings?
The explanation notes that the reported total includes 131.360 additional shares of phantom stock that were acquired through dividend reinvestment since the director’s last report, increasing the overall phantom stock balance.
Is the AUB director’s phantom stock held directly or indirectly?
The Form 4 indicates that the 12,708.892 shares of phantom stock are held indirectly, with ownership reported as "I" and described as held "By Trustee of Non-Qualified Plan (deferred comp)".
AI-generated analysis. How Rhea-AI works. Not financial advice.