Atlantic Union (AUB) Director Receives 992 Shares via Direct Issuance
Atlantic Union Bankshares Corp director Frank Russell Ellett received a direct issuance of 992 shares of common stock on 10/01/2025 at a reported price of $0.
Rhea-AI Filing Summary
Atlantic Union Bankshares Corp director Frank Russell Ellett received a direct issuance of 992 shares of common stock on 10/01/2025 at a reported price of $0. After the transaction the reporting person beneficially owned 79,039 shares. The Form 4 identifies the acquisition as a direct issue from the issuer and was signed on behalf of the reporting person by an attorney-in-fact on 10/03/2025. The filing indicates the reporter is a director of Atlantic Union Bankshares Corp (AUB).
Positive
- Director acquisition of 992 shares documented, increasing insider ownership to 79,039 shares
- Transaction disclosed as a direct issue from issuer, clarifying nature of the grant
Negative
- None.
Insights
Director received 992 shares via direct issuance on 10/01/2025.
The Form 4 shows a direct issuance from the issuer, increasing the director's beneficial holdings to 79,039 shares. This unchanged director status is a straightforward insider ownership update.
This transaction is a disclosure of insider ownership rather than a sale; it documents alignment of the director's holdings with the company but contains no information about any change to company operations or financial results.
Filing reports a direct issuance and is signed by an attorney-in-fact on 10/03/2025.
The Form 4 properly identifies the reporting person, relationship as a Director, transaction date 10/01/2025, and the nature of the issuance as "Direct issue from Issuer" in the explanation. The form includes the post-transaction beneficial ownership of 79,039 shares, meeting standard Section 16 disclosure elements contained in the submission.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 992 | $0.00 | $0.00 |
Footnotes (1)
- F1. Direct issue from Issuer.
FAQ
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What did Atlantic Union (AUB) disclose in this Form 4?
Who signed the Form 4 and when was it filed?
What is the reporting person's relationship to Atlantic Union?
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