AUB EVP reports tax-withholding share dispositions
Atlantic Union Bankshares Corp executive David V. Ring reported routine share dispositions related to tax withholding.
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Rhea-AI Filing Summary
Atlantic Union Bankshares Corp executive David V. Ring reported routine share dispositions related to tax withholding. On February 23, 645 shares of common stock were withheld at $38.87 per share, and on February 22, 611 shares were withheld at $40.65 per share to cover tax obligations on vested restricted stock awards.
After these transactions, Ring directly owned 45,094.422 common shares. He also had an indirect interest in 505.409 shares held by the trustee of an employee stock ownership plan, reflecting shares allocated to him through that plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 645 | $38.87 | $25K |
| Exercise Price or Tax Liability | Common Stock | 611 | $40.65 | $25K |
| Holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Shares withheld on vesting of restricted stock award to cover tax withholding.
- F2. Based on market closing price on the trading day before the transaction date.
- F3. Includes shares allocated to the reporting person in connection with an employee stock ownership plan.
FAQ
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What did AUB executive David V. Ring report in this Form 4?
Were these AUB Form 4 transactions open-market sales or routine withholdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.