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Atlantic Union Bankshares director acquires 527 awards

A director's phantom-stock award is economically equivalent to common shares and may be settled in cash or common stock under the reported election terms.

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Form Type
4

Rhea-AI Filing Summary

Atlantic Union Bankshares Corp (AUB) director Ronald L. Tillett acquired 527 phantom-stock shares on October 1, 2026, at a reported price of $37.95 per share. The award was held indirectly by the trustee of his non-qualified deferred compensation plan, bringing his reported phantom-stock holdings to 11,949 shares. Each phantom share is the economic equivalent of one common share and is payable in cash or common stock at the time elected; installment distributions under the plan are payable only in cash.

Insider TILLETT RONALD L
Role Director
Type Security Shares Price Value
Grant/Award Phantom Stock F1, F2 527 $37.95 $20K
Holdings After Transaction: Phantom Stock — 11,949.487 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 time elected by the reporting person in the reporting person's deferred compensation election form; 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.
Phantom stock acquired 527 shares October 1, 2026
Reported price per phantom-stock share $37.95 Based on the market closing price on the last trading day before the transaction date
Phantom-stock holdings after transaction 11,949 shares Reported following the transaction
Common-stock equivalent per phantom share 1 share Economic equivalent
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
"under the Company's non-qualified deferred compensation plan"
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.
deferred compensation election form financial
"at the time elected by the reporting person in the reporting person's deferred compensation election form"

FAQ

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

How many AUB phantom-stock shares did director Ronald L. Tillett acquire?

Ronald L. Tillett acquired 527 phantom-stock shares on October 1, 2026, at $37.95 per share. The reported price was based on the market closing price on the last trading day before the transaction date.

How are AUB phantom-stock shares paid out?

Each phantom share is the economic equivalent of one share of common stock. It becomes payable in cash or common stock at the time elected by the reporting person; if installment distributions were elected under the non-qualified deferred compensation plan, amounts are payable only in cash.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
TILLETT RONALD L

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock(1)10/01/2026A527 (2) (2)Common Stock527$37.9511,949.487IBy 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 time elected by the reporting person in the reporting person's deferred compensation election form; 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.
Remarks:
/s/ Rachael R. Lape, Attorney-in-Fact10/05/2026
** Signature of Reporting PersonDate
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)

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