Atlantic Union CFO reports tax share dispositions
Atlantic Union Bankshares Corp Executive Vice President and CFO Robert Michael Gorman reported share dispositions tied to tax withholding, not open-market selling.
Rhea-AI Filing Summary
Atlantic Union Bankshares Corp Executive Vice President and CFO Robert Michael Gorman reported share dispositions tied to tax withholding, not open-market selling. On February 23, 2026, 847 common shares were withheld at $38.87 per share, and on February 22, 2026, 940 shares were withheld at $40.65 per share to cover taxes on vested restricted stock awards. After these transactions, he directly held 92,330 common shares and had an additional 2,484.8214 shares held indirectly through an employee stock ownership plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 847 | $38.87 | $33K |
| Exercise Price or Tax Liability | Common Stock | 940 | $40.65 | $38K |
| 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 EVP and CFO Robert Michael Gorman report in this Form 4?
Were Robert Michael Gorman’s AUB transactions open-market sales?
What role does the employee stock ownership plan play in Gorman’s AUB holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.