AUB director awarded 473 phantom stock units

Atlantic Union Bankshares director Frederick Blair Wimbush reported a compensation-related award of phantom stock.

Rhea-AI Filing Summary

Atlantic Union Bankshares director Frederick Blair Wimbush reported a compensation-related award of phantom stock. On this date, an account associated with him acquired 473 phantom stock units at a reference value of $42.31 per unit under a non-qualified deferred compensation plan.

Each phantom stock unit is economically equivalent to one share of common stock and will be settled in cash or stock based on the director’s prior election, with installment elections payable only in cash. Following this grant, his indirect holdings under the plan total 13,741.892 phantom stock units, reflecting deferred compensation rather than an open-market trade.

Insider Trade Summary

Grant/Award: 473 shares

Grant/Award 1 txn

Insider Wimbush Frederick Blair

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock	473	$42.31	$20K

Holdings After Transaction: Phantom Stock — 13,741.892 contracts (Indirect, By Trustee of Non-Qualified Plan (deferred comp))

Footnotes (2)

1. F1. Based on the market closing price on the last trading day before the transaction date.
2. 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.

Key Figures

Phantom stock units granted: 473 units Reference price per unit: $42.31 per unit Total phantom units after grant: 13,741.892 units +2 more

5 metrics

Phantom stock units granted 473 units Grant to director under non-qualified deferred compensation plan

Reference price per unit $42.31 per unit Market closing price on last trading day before transaction date

Total phantom units after grant 13,741.892 units Indirect holdings following the award

Underlying common stock equivalence 1 share per unit Each phantom unit equals one share of common stock economically

Transaction code A (Grant, award, or other acquisition) Characterizes the Form 4 transaction

Key Terms

Phantom Stock, non-qualified deferred compensation plan, deferred compensation election form, Phantom stock units, +1 more

5 terms

Phantom Stock financial

"Each share of phantom stock is the economic equivalent of one share of common stock."

A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.

non-qualified deferred compensation plan financial

"distributions under the Company's non-qualified deferred compensation plan in installments, such amounts are payable only in cash."

An arrangement where an employer agrees to pay part of an employee’s salary or bonus at a later date, often to attract or keep key staff. Think of it as a company IOU or a delayed paycheck held on the company’s books rather than in a protected retirement account; investors care because these promises create future cash obligations that are typically unsecured and depend on the company’s financial health, affecting risk, liabilities, and cash-flow planning.

deferred compensation election form financial

"payable, in cash or common stock, at the time elected by the reporting person in the reporting person's deferred compensation election form"

Phantom stock units financial

"Each share of phantom stock is the economic equivalent of one share of common stock."

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Atlantic Union Bankshares (AUB) report for Frederick Blair Wimbush?

Atlantic Union Bankshares reported that director Frederick Blair Wimbush received an award of 473 phantom stock units. These were granted under a non-qualified deferred compensation plan and represent compensation rather than an open-market purchase or sale of AUB common shares.

How many phantom stock units did Frederick Blair Wimbush receive in this AUB Form 4?

He received 473 phantom stock units tied to Atlantic Union Bankshares common stock. The grant increases his indirect phantom stock holdings under the company’s non-qualified deferred compensation plan, reflecting additional deferred compensation rather than a market transaction.

What is the value reference for the phantom stock granted to the AUB director?

The 473 phantom stock units were valued using a reference price of $42.31 per unit. This price reflects the market closing price on the last trading day before the transaction date, as noted in the footnotes to the Form 4 filing.

How many phantom stock units does Frederick Blair Wimbush hold after this AUB grant?

After this grant, Frederick Blair Wimbush indirectly holds 13,741.892 phantom stock units. These units are maintained in a non-qualified deferred compensation plan and mirror the economic value of Atlantic Union Bankshares common stock rather than representing actual share ownership.

How and when are the AUB phantom stock units payable to the director?

The phantom stock units become payable in cash or common stock at the time elected by the director in his deferred compensation election form. If he elected installment distributions under the non-qualified plan, those installments are payable only in cash, not in common stock.

Is the AUB phantom stock award to Frederick Blair Wimbush an open-market stock purchase?

No, the award is not an open-market purchase. It is a grant of 473 phantom stock units as part of a non-qualified deferred compensation plan, providing economic exposure to Atlantic Union Bankshares stock without an immediate market trade in common shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/02/2026 - 03:01 PM Learn about SEC filing dates

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
Estimated average burden
hours per response:			0.5

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

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wimbush Frederick Blair

(Last) (First) (Middle)

C/O ATLANTIC UNION BANKSHARES CORP

4300 COX ROAD

(Street)

GLEN ALLEN VIRGINIA 23060

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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

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

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

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)	07/01/2026		A		473		(2)	(2)	Common Stock	473	$42.31	13,741.892	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.

	/s/ Rachael R. Lape, Attorney-in-Fact	07/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)