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Atlantic Union Bankshares (AUB) EVP receives stock award, withholds shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Atlantic Union Bankshares Corp EVP David V. Ring reported equity compensation activity involving the company’s common stock. He acquired 5,370 shares at no cost through the vesting of Performance Share Units granted on February 23, 2023, increasing his direct ownership.

To cover tax withholding obligations tied to this vesting, 2,531 shares were withheld and disposed of, leaving Ring with 46,350.422 directly held shares after the transactions. He also reports 441.9043 shares held indirectly through an ESOP trustee.

Positive

  • None.

Negative

  • None.
Insider Ring David V
Role EVP
Type Security Shares Price Value
Grant/Award Common Stock 5,370 $0.00 --
Tax Withholding Common Stock 2,531 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 48,881.422 shares (Direct); Common Stock — 441.904 shares (Indirect, By Trustee of ESOP)
Footnotes (1)
  1. Vesting of Performance Share Units (PSUs) that were granted February 23, 2023. Includes additional shares acquired through dividend reinvestment since the reporting person's last Form 4. Shares withheld upon vesting of PSUs to satisfy tax withholding obligations.
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*
Ring David V

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026
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
Common Stock 02/19/2026 A 5,370(1) A $0 48,881.422(2) D
Common Stock 02/19/2026 F 2,531(3) D $0 46,350.422 D
Common Stock 441.9043 I By Trustee of ESOP
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
Explanation of Responses:
1. Vesting of Performance Share Units (PSUs) that were granted February 23, 2023.
2. Includes additional shares acquired through dividend reinvestment since the reporting person's last Form 4.
3. Shares withheld upon vesting of PSUs to satisfy tax withholding obligations.
/s/ Rachel R. Lape, Attorney-in-Fact 02/23/2026
** 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.

FAQ

What insider transactions did Atlantic Union Bankshares (AUB) report for David V. Ring?

Atlantic Union Bankshares reported that EVP David V. Ring received a stock award and had shares withheld for taxes. He acquired 5,370 common shares through vesting of Performance Share Units, while 2,531 shares were disposed of to satisfy tax withholding obligations.

How many Atlantic Union Bankshares shares did David V. Ring acquire in this Form 4?

David V. Ring acquired 5,370 shares of Atlantic Union Bankshares common stock at no cost. The shares came from vesting Performance Share Units originally granted on February 23, 2023, reflecting equity-based compensation rather than an open-market stock purchase.

Why were some Atlantic Union Bankshares shares disposed of in David V. Ring’s Form 4?

The filing shows 2,531 shares of Atlantic Union Bankshares common stock were disposed of to satisfy tax withholding obligations. These shares were withheld upon vesting of Performance Share Units, representing a tax-withholding disposition rather than an elective sale in the open market.

What is David V. Ring’s direct share ownership in Atlantic Union Bankshares after these transactions?

After the reported equity award and tax-withholding disposition, David V. Ring directly holds 46,350.422 shares of Atlantic Union Bankshares common stock. This figure reflects his updated direct ownership position following the vesting of Performance Share Units and the related share withholding for taxes.

Does David V. Ring report any indirect ownership of Atlantic Union Bankshares shares?

Yes. In addition to his direct holdings, David V. Ring reports 441.9043 shares of Atlantic Union Bankshares held indirectly. These shares are held by a trustee of an Employee Stock Ownership Plan (ESOP), indicating an indirect ownership interest through that retirement-related plan structure.

What do the Performance Share Units in the Atlantic Union Bankshares Form 4 represent?

The Performance Share Units represent an equity incentive that vests into common shares based on performance conditions. In this case, PSUs granted on February 23, 2023 vested into 5,370 Atlantic Union Bankshares shares for EVP David V. Ring, forming part of his stock-based compensation package.