Atlantic Union Bankshares (AUB) CFO stock vests; shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atlantic Union Bankshares Corp EVP and CFO Robert Michael Gorman reported equity compensation activity in company common stock. On February 19, 2026, he acquired 7,103 shares at $0.00 per share through the vesting of Performance Share Units that were granted on February 23, 2023. On the same date, 3,273 shares were disposed of to satisfy tax withholding obligations upon that vesting. After these transactions, he directly held 94,117 common shares, and indirectly held 2,340.7184 shares through a trustee of the company ESOP.
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 | 7,103 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,273 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 97,390 shares (Direct);
Common Stock — 2,340.718 shares (Indirect, By Trustee of ESOP)
Footnotes (1)
- Vesting of Performance Share Units (PSUs) that were granted February 23, 2023. Shares withheld upon vesting of PSUs to satisfy tax withholding obligations.
FAQ
What insider stock transactions did AUB CFO Robert Michael Gorman report?
Atlantic Union Bankshares EVP and CFO Robert Michael Gorman reported equity compensation activity, including vested Performance Share Units and related tax-share withholding. These are administrative transactions tied to prior awards, not open-market purchases or sales, and adjust his reported ownership in AUB common stock.
What do the footnotes in the AUB Form 4 say about the CFO’s awards?
One footnote explains the 7,103 shares came from vesting Performance Share Units granted on February 23, 2023. Another clarifies the 3,273 shares were withheld upon vesting specifically to satisfy tax withholding obligations tied to that PSU vesting event.