Atlantic Union Bankshares (AUB) EVP gets 8,169-share award
Rhea-AI Filing Summary
Atlantic Union Bankshares Corp executive David V. Ring reported mixed stock transactions. He received a grant of 8,169 shares of common stock as a time-based restricted stock award subject to a vesting schedule. Separately, 588 shares were withheld at $37.06 per share to cover tax withholding upon vesting of a restricted stock award. He now directly holds 52,675.422 shares and indirectly holds 505.409 shares through an ESOP trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,581 shares
Net Buy
3 txns
Insider
Ring David V
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,169 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 588 | $37.06 | $22K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 52,675.422 shares (Direct);
Common Stock — 505.409 shares (Indirect, By Trustee of ESOP)
Footnotes (2)
- F1. Shares withheld on vesting of restricted stock award to cover tax withholding.
- F2. Award of time-based restricted stock subject to a vesting schedule.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did AUB executive David V. Ring report?
David V. Ring reported a grant of 8,169 shares of Atlantic Union Bankshares common stock and the withholding of 588 shares to cover taxes on a vesting award, reflecting routine equity compensation activity rather than open-market buying or selling.
Was the AUB insider transaction a stock purchase or sale?
The filing shows no open-market purchase or sale. Ring received 8,169 shares as a restricted stock award and 588 shares were disposed of only to satisfy tax withholding obligations on vesting, not as a discretionary sale into the market.