Director at Atlantic Union (NASDAQ: AUB) receives 560 share grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlantic Union Bankshares Corp director Mark C. Micklem received a stock grant of 560 shares of Common Stock on April 1, 2026. The shares were a direct issue from the company at a reported price of $0.00 per share, indicating a compensation-related award rather than a market purchase.
Following this grant, Micklem directly holds a total of 22,263.0541 shares of Atlantic Union Bankshares Corp Common Stock. The filing reflects a routine equity award to a board member, with no accompanying sales or derivative exercises reported in this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Micklem Mark C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 560 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 22,263.054 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 560 shares
Grant price per share: $0.0000 per share
Total shares after transaction: 22,263.0541 shares
+1 more
4 metrics
Shares granted
560 shares
Common Stock grant on April 1, 2026
Grant price per share
$0.0000 per share
Reported grant price for awarded shares
Total shares after transaction
22,263.0541 shares
Director Mark C. Micklem direct holdings after grant
Transaction code
A
Classified as Grant, award, or other acquisition
Key Terms
Common Stock, Grant, award, or other acquisition, direct issue from Issuer, direct ownership
4 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
direct issue from Issuer financial
"footnote: "Direct issue from Issuer.""
direct ownership financial
"ownership_type: "direct" with code "D""
FAQ
Was the AUB insider transaction by Mark C. Micklem a purchase or a grant?
The transaction was a grant, not an open-market purchase. The Form 4 shows code "A" with the description "Grant, award, or other acquisition," and the price per share is listed as $0.0000, indicating a compensation-related equity award from the issuer rather than a cash-funded buy.
What is the significance of the $0.0000 price in the AUB insider filing?
The $0.0000 price indicates the shares were granted without Micklem paying cash consideration. This aligns with the transaction code "A" for a grant or award, meaning the 560 shares of Common Stock were issued directly by Atlantic Union Bankshares as part of his compensation rather than a market trade.