AUB EVP gets stock grant, shares withheld for tax
Atlantic Union Bankshares EVP & General Counsel Rachael R. Lape reported routine equity compensation transactions.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Atlantic Union Bankshares EVP & General Counsel Rachael R. Lape reported routine equity compensation transactions. She received a grant of 4,231 shares of common stock as a time-based restricted stock award, which will vest over a specified schedule.
On the same Form 4, 368 shares were disposed of at $37.06 per share to cover tax withholding upon vesting of a restricted stock award, as noted in the footnote. After these direct transactions, she held 23,867 direct shares, plus 3,361.0536 shares held indirectly by a trustee of an ESOP.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,231 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 368 | $37.06 | $14K |
| Holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Shares withheld on vesting of restricted stock award to cover tax withholding.
- F2. Award of time-based restricted stock subject to a vesting schedule.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did AUB executive Rachael Lape report in this Form 4 filing?
Is the AUB Form 4 for Rachael Lape a buy or a sell transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.