[Form 4] Atlantic Union Bankshares Corp Insider Trading Activity

Rhea-AI Filing Summary

Corbin Patrick E., a director of Atlantic Union Bankshares Corp (AUB), reported acquiring 567 units of phantom stock on 10/01/2025 at a reference price of $35.29 per share. The phantom units are economically equivalent to common shares and will be paid in cash or common stock according to the reporting person’s deferred compensation election. Following the transaction the reporting person is shown as indirectly owning 32,153.891 shares, which includes 316.334 shares from dividend reinvestment. The Form 4 was signed by an attorney-in-fact on 10/03/2025.

Positive

• Director purchase of 567 phantom shares shows continued executive alignment with shareholder outcomes
• Indirect beneficial ownership of 32,153.891 shares demonstrates sizable stake held in deferred compensation plan

Negative

• None.

Insights

Corporate Governance Expert

Insider acquisition signals continued director alignment with shareholder value.

The filing shows Director Corbin Patrick E. acquired 567 phantom shares on 10/01/2025, increasing indirect holdings to 32,153.891 shares. Phantom stock tied to the non-qualified deferred compensation plan aligns the director’s economic exposure to the company’s common stock without immediate share issuance.

This is a routine governance disclosure and does not indicate any change in control or extraordinary dilution.

Compensation Analyst

Transaction reflects deferred compensation settlement mechanics, not an open-market purchase.

The 567 units are described as phantom stock payable in cash or common stock per the participant’s election, and the reported $35.29 price is based on the prior trading-day close. The filing notes 316.334 additional shares came from dividend reinvestment since the last Form 4, indicating plan-account growth.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Corbin Patrick E.

(Last) (First) (Middle)

C/O ATLANTIC UNION BANKSHARES CORP

4300 COX ROAD

(Street)

GLEN ALLEN VA 23060

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Atlantic Union Bankshares Corp [ AUB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock	(1)	10/01/2025		A		567		(2)	(2)	Common Stock	567	$35.29	32,153.891(3)	I	By Trustee of Non-Qualified Plan (deferred comp)

Explanation of Responses:

1. Based on the market closing price on the last trading day before the transaction date.

2. 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.

3. Includes 316.334 additional shares acquired through dividend reinvestment since the reporting person's last Form 4.

	/s/ Rachael R. Lape, Attorney-in-Fact	10/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did AUB director Corbin Patrick E. report on Form 4?

The director reported acquiring 567 units of phantom stock on 10/01/2025 at a reference price of $35.29 per share.

How many AUB shares does the reporting person beneficially own after the transaction?

The Form 4 shows indirect beneficial ownership of 32,153.891 shares, which includes 316.334 shares from dividend reinvestment.

What is phantom stock in this Form 4 filing?

The filing states each phantom share is the economic equivalent of one common share and is payable in cash or common stock per the reporting person’s deferred compensation election.

When was the Form 4 signed and filed for this transaction?

The signature (by attorney-in-fact) is dated 10/03/2025 and the transaction date reported is 10/01/2025.

Was the $35.29 price an actual trade price?

The filing explains the $35.29 figure is based on the market closing price on the last trading day before the transaction date.