Atlantic Union (AUB) Form 4: Director Buy of 1,441 Shares Reported
Rhea-AI Filing Summary
Form 4 summary: Reporting person Ellett Frank Russell reported a purchase of 1,441 shares of Atlantic Union Bankshares Corp (AUB) on 08/08/2025. The transaction code is P (purchase) and the weighted average purchase price is reported as $31.49, with executions ranging from $31.43 to $31.495. Following the transaction, beneficial ownership is reported at 78,047 shares.
The filing identifies the reporting person as a Director. The Form was filed by one reporting person and signed by Rachael R. Lape, Attorney-in-Fact on 08/08/2025. The filer states it will provide a per-price breakdown of the broker-assisted transactions on request by the SEC, the issuer, or any security holder.
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Insights
TL;DR Director purchase of 1,441 AUB shares at $31.49 increases holdings to 78,047 shares; transaction size appears modest.
From a trading and valuation perspective, the filing documents a P (purchase) of 1,441 shares at a weighted average price of $31.49 with executions between $31.43 and $31.495. The disclosed post-transaction beneficial ownership is 78,047 shares. Impact assessment: not impactful for valuation absent additional context on total float or larger insider activity; the filing does, however, record timely insider buying.
TL;DR Proper Section 16 disclosure of director purchase; signed by an attorney-in-fact and includes price-range disclosure.
The Form 4 identifies the reporting person as a Director, shows a broker-assisted purchase reported under code P, and includes an explanatory footnote noting a price range and willingness to provide per-price details on request. The form is signed by Rachael R. Lape, Attorney-in-Fact dated 08/08/2025. Impact assessment: not impactful to corporate governance structure but confirms compliance with Section 16 reporting obligations.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,441 | $31.49 | $45K |
Footnotes (1)
- F1. Price indicated is the weighted average purchase price as a result of a series of broker-assisted transactions ranging in price from $31.43 to $31.495 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.