Atlantic Union director granted phantom stock units

Wimbush Frederick Blair reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 04/02/2026 - 04:20 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Wimbush Frederick Blair reported acquisition or exercise transactions in this Form 4 filing.

Atlantic Union Bankshares Corp director Frederick Blair Wimbush received a grant of 560 phantom stock units tied to the company’s common stock. The award, held indirectly through a trustee of a non-qualified deferred compensation plan, is valued using a reference price of $35.74 per unit. Each phantom stock unit is the economic equivalent of one share of common stock and becomes payable in cash or common stock, at his election, upon termination of service as a director, with any elected installments under the deferred compensation plan payable only in cash. Following this grant, his indirect phantom stock balance under the plan is 13,268.892 units.

Insider Trade Summary

Grant/Award: 560 shares

Grant/Award 1 txn

Insider Wimbush Frederick Blair

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock	560	$35.74	$20K

Holdings After Transaction: Phantom Stock — 13,268.892 contracts (Indirect, By Trustee of Non-Qualified Plan (deferred comp))

Footnotes (2)

1. F1. Based on the market closing price on the last trading day before the transaction date.
2. F2. Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service as a director; provided, that if the reporting person elected to receive distributions under the Company's non-qualified deferred compensation plan in installments, such amounts are payable only in cash.

Key Figures

Phantom stock units granted: 560 units Reference price per phantom unit: $35.74 Phantom stock balance after grant: 13,268.892 units +1 more

4 metrics

Phantom stock units granted 560 units Grant to director on 2026-04-01

Reference price per phantom unit $35.74 Based on market closing price before transaction date

Phantom stock balance after grant 13,268.892 units Indirect holdings under non-qualified deferred compensation plan

Underlying common stock equivalence 1 unit = 1 share Each phantom stock share is economic equivalent of common stock

Key Terms

Phantom Stock, non-qualified deferred compensation plan, economic equivalent, termination of service as a director

4 terms

Phantom Stock financial

"Each share of phantom stock is the economic equivalent of one share of common stock."

A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.

non-qualified deferred compensation plan financial

"if the reporting person elected to receive distributions under the Company's non-qualified deferred compensation plan in installments"

An arrangement where an employer agrees to pay part of an employee’s salary or bonus at a later date, often to attract or keep key staff. Think of it as a company IOU or a delayed paycheck held on the company’s books rather than in a protected retirement account; investors care because these promises create future cash obligations that are typically unsecured and depend on the company’s financial health, affecting risk, liabilities, and cash-flow planning.

economic equivalent financial

"Each share of phantom stock is the economic equivalent of one share of common stock."

termination of service as a director financial

"become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service as a director"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Atlantic Union Bankshares (AUB) director Frederick Blair Wimbush report on this Form 4?

Director Frederick Blair Wimbush reported receiving 560 phantom stock units of Atlantic Union Bankshares as a compensation grant. These units are linked to the value of common stock and increase his indirect deferred compensation holdings under the company’s non-qualified plan.

Is the Form 4 transaction for Atlantic Union Bankshares (AUB) a stock purchase or a compensation grant?

The Form 4 shows a compensation-related grant, not an open-market stock purchase. Wimbush received 560 phantom stock units coded as an acquisition award, reflecting deferred compensation rather than a discretionary buy in the market.

How is the value of the 560 phantom stock units for AUB determined in this filing?

The 560 phantom stock units are valued using a reference price of $35.74 per unit, based on the market closing price on the last trading day before the transaction date. Each unit is economically equivalent to one share of Atlantic Union Bankshares common stock.

When will Frederick Blair Wimbush receive payment for his AUB phantom stock units?

The phantom stock units become payable when Wimbush’s service as a director ends. At that time, they are paid in cash or common stock at his election, except that amounts elected in installments under the non-qualified deferred compensation plan are payable only in cash.

How many Atlantic Union Bankshares phantom stock units does the director hold after this Form 4 grant?

After receiving 560 additional phantom stock units, Wimbush’s indirect balance under the non-qualified deferred compensation plan is 13,268.892 units. Each unit tracks the value of one share of Atlantic Union Bankshares common stock for deferred compensation purposes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wimbush Frederick Blair

(Last) (First) (Middle)

C/O ATLANTIC UNION BANKSHARES CORP

4300 COX ROAD

(Street)

GLEN ALLEN VIRGINIA 23060

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Atlantic Union Bankshares Corp [ AUB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock	(1)	04/01/2026		A		560		(2)	(2)	Common Stock	560	$35.74	13,268.892	I	By Trustee of Non-Qualified Plan (deferred comp)

Explanation of Responses:

1. Based on the market closing price on the last trading day before the transaction date.

2. Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service as a director; provided, that if the reporting person elected to receive distributions under the Company's non-qualified deferred compensation plan in installments, such amounts are payable only in cash.

	/s/ Rachael R. Lape, Attorney-in-Fact	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)