Atlantic Union Bankshares (AUB) EVP logs PSU vesting and tax share withholding
Rhea-AI Filing Summary
Atlantic Union Bankshares Corp executive Douglas F. Woolley III, EVP & CCO, reported equity compensation-related transactions in company common stock. He acquired 1,967 shares at $0.00 per share from the vesting of Performance Share Units granted on February 23, 2023. To cover tax withholding obligations upon vesting, 1,079 shares were disposed of by share withholding rather than a market sale. Following these transactions, Woolley directly owned 32,641.832 common shares and indirectly held 6,963.7647 shares through an ESOP trustee, which includes shares added via dividend reinvestment since his prior filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Woolley Douglas F. III
Role
EVP & CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,967 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,079 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 33,720.832 shares (Direct);
Common Stock — 6,963.765 shares (Indirect, By Trustee of ESOP)
Footnotes (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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did AUB executive Douglas F. Woolley report?
Douglas F. Woolley reported vesting of 1,967 Atlantic Union Bankshares common shares from Performance Share Units and a related withholding of 1,079 shares to satisfy taxes. These actions reflect equity compensation mechanics, not open-market buying or selling activity.