AUB (AUB) EVP & General Counsel reports PSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlantic Union Bankshares Corp EVP & General Counsel Rachael R. Lape reported equity award activity in company stock. On February 19, 2026, she acquired 2,193 shares of common stock through a grant/award tied to vesting performance share units originally granted on February 23, 2023.
On the same date, 1,192 shares of common stock were disposed of to cover tax withholding obligations upon vesting, a non‑open‑market, tax-withholding disposition. After these transactions, she held 20,659 shares of common stock directly and 3,181.2719 shares indirectly through an ESOP trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Lape Rachael R
Role
EVP & GENERAL COUNSEL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,193 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,192 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 21,851 shares (Direct);
Common Stock — 3,181.272 shares (Indirect, By Trustee of ESOP)
Footnotes (1)
- Vesting of Performance Share Units (PSUs) that were granted February 23, 2023. Shares withheld upon vesting of PSUs to satisfy tax withholding obligations.
FAQ
What insider stock transactions did AUB executive Rachael R. Lape report?
Rachael R. Lape reported receiving 2,193 AUB common shares from vesting performance share units and a related disposition of 1,192 shares for tax withholding. These transactions reflect equity compensation mechanics rather than open‑market buying or selling of Atlantic Union Bankshares stock.
What is the significance of transaction code A in this AUB Form 4?
Transaction code A indicates a grant, award, or other acquisition of securities. For AUB, it reflects Rachael R. Lape’s acquisition of 2,193 common shares from vesting performance share units, recorded at a per-share price of $0.0000 as part of her compensation package.
What does transaction code F mean in the AUB insider filing?
Transaction code F represents shares used to pay an exercise price or tax liability. In this AUB filing, 1,192 common shares were withheld upon vesting of performance share units to satisfy Rachael R. Lape’s tax withholding obligations tied to her equity award.