[Form 4] Atlantic Union Bankshares Corporation Insider Trading Activity

Rhea-AI Filing Summary

On 28 Jul 2025, Atlantic Union Bankshares Corp. (AUB) President, CEO and Director John C. Asbury filed a Form 4 disclosing an open-market purchase of 7,500 common shares at a weighted-average price of $32.91, totalling roughly $246.8 k. The transaction was marked code “P,” indicating a discretionary buy rather than an automatic or option-related acquisition.

After the trade, Asbury’s direct holdings rise to 270,532 shares (up ~2.8% from 263,032) and he indirectly holds 654.1915 shares through the ESOP trustee. No derivative securities were reported, and there were no dispositions. Insider buying by the company’s top executive can signal confidence, although the filing provides no commentary on strategy or outlook.

Positive

• CEO insider purchase: 7,500 shares at $32.91 (~$246.8 k) demonstrates confidence and increases direct ownership to 270,532 shares.
• No dispositions or derivatives: all activity was a buy, strengthening alignment with shareholders.

Negative

• None.

Insights

Equity Analyst

TL;DR: CEO bought 7,500 shares (~$247 k), lifting direct stake to 270 k; insider buying usually bullish for sentiment.

The purchase increases John Asbury’s direct ownership by nearly 3%, taking his total direct stake to 270,532 shares. At the reported $32.91 average price, the trade represents about 7.4× his 2024 base salary of $33 k (salary not disclosed here), underscoring personal financial commitment. While one trade does not change fundamentals, CEO open-market buying historically correlates with positive abnormal returns, particularly for regional banks where insider information on credit quality and loan demand is material. No derivative positions or sales temper the signal, supporting a positive but modest impact.

Corporate Governance Specialist

TL;DR: Governance view—fresh CEO equity purchase aligns management and shareholder interests; no red flags.

Alignment improves when senior executives buy rather than receive stock grants. The Form 4 shows a straightforward cash purchase, with transparent weighted-average pricing disclosure and no complex derivative structures. Beneficial ownership is well above typical CEO minimum-ownership guidelines, reinforcing commitment. Filing timeliness (within two business days) indicates Section 16 compliance.

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).

1. Name and Address of Reporting Person^*

Asbury John C

(Last) (First) (Middle)

C/O ATLANTIC UNION BANKSHARES CORP

4300 COX ROAD

(Street)

GLEN ALLEN VA 23060

(City) (State) (Zip)

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
X	Officer (give title below)		Other (specify below)
	PRESIDENT AND CEO

3. Date of Earliest Transaction (Month/Day/Year)
07/28/2025

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

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

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

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
Common Stock	07/28/2025		P		7,500	A	$32.91(1)	270,532	D
Common Stock								654.1915	I	By Trustee of ESOP

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

Explanation of Responses:

1. Price indicated is the weighted average purchase price as a result of a series of broker-assisted transactions ranging in price from $32.8799 to $32.92 per share. The reporting person undertakes to provide full information regarding the number of shares purchased at each separate price within the range upon request by the SEC staff, the issuer, or any security holder of the issuer.

	/s/ Rachael R. Lape, Attorney-in-Fact	07/29/2025
	** 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.

FAQ

How many AUB shares did CEO John C. Asbury purchase?

He bought 7,500 common shares on 28 Jul 2025.

What was the purchase price of the AUB shares?

The weighted-average price was $32.91 per share, ranging from $32.8799 to $32.92.

What is the CEO’s total AUB shareholding after the transaction?

Direct ownership is 270,532 shares; indirect ownership via ESOP is 654.1915 shares.

Did the Form 4 report any derivative securities?

No. There were no options, warrants, or other derivatives disclosed.

Why is an insider purchase considered significant for investors?

Open-market buying by senior executives often signals management confidence in the company’s prospects.