Atlantic Union (AUB) CEO gets 34,808-share award, withholds 4,263 for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlantic Union Bankshares Corp president and CEO John C. Asbury reported compensatory stock activity in company common stock. On March 2, 2026, he acquired 34,808 shares at $0.00 per share as a grant of time-based restricted stock subject to a vesting schedule. On February 27, 2026, 4,263 shares were disposed of at $37.06 per share to satisfy tax withholding on a restricted stock vesting. After these transactions, he held 304,377 shares directly and 726.7072 shares indirectly through a trustee of an ESOP.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Asbury John C
Role
PRESIDENT AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 34,808 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,263 | $37.06 | $158K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 304,377 shares (Direct);
Common Stock — 726.707 shares (Indirect, By Trustee of ESOP)
Footnotes (1)
- Shares withheld on vesting of restricted stock award to cover tax withholding. Award of time-based restricted stock subject to a vesting schedule.
FAQ
What insider transactions did AUB CEO John C. Asbury report on this Form 4?
John C. Asbury reported a grant of 34,808 shares of Atlantic Union Bankshares common stock and a disposition of 4,263 shares related to tax withholding on restricted stock vesting, along with updated direct and indirect share ownership totals.
What type of equity compensation did the AUB CEO receive in this Form 4?
He received an award of time-based restricted stock totaling 34,808 shares of Atlantic Union Bankshares. The filing specifies this award is subject to a vesting schedule, meaning the shares become fully owned over time rather than immediately.