Atlantic Union (AUB) CFO gets 10,185-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlantic Union Bankshares EVP and CFO Robert Michael Gorman received a grant of 10,185 shares of common stock as time-based restricted stock on March 2 at no cost. On February 27, 1,281 shares at $37.06 per share were withheld to cover tax obligations on a vesting event. Following these transactions, he reports 101,234 shares held directly and 2,484.8214 shares held indirectly through an ESOP trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Gorman Robert Michael
Role
EVP AND CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,185 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,281 | $37.06 | $47K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 101,234 shares (Direct);
Common Stock — 2,484.821 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's CFO report on this Form 4?
Atlantic Union Bankshares EVP and CFO Robert Michael Gorman reported two key transactions: a grant of 10,185 time-based restricted common shares at no cost and a separate withholding of 1,281 shares at $37.06 per share to satisfy tax obligations tied to a vesting event.
What are Robert Michael Gorman’s total direct and indirect AUB holdings after these transactions?
After the reported transactions, Robert Michael Gorman holds 101,234 Atlantic Union Bankshares common shares directly. He also reports 2,484.8214 additional shares held indirectly through a trustee of the company’s ESOP, reflecting separate indirect ownership reported with an indirect ownership code.