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.
Atlantic Union Bankshares Corp. (AUB) Form 4 filing: Director Frederick Blair Wimbush acquired 639 phantom stock units on 07/01/2025 under the company’s non-qualified deferred compensation plan at a reference price of $31.28 (prior-day close). Each phantom unit is economically equivalent to one common share, payable in cash or stock upon distribution. The director’s total phantom stock holdings now stand at 11,328.928 units, which includes 117.472 units received through dividend reinvestment since his last filing. Ownership is reported as indirect, held by the trustee of the deferred-compensation plan. No open-market purchases or sales of common stock were reported, and there were no changes in direct share ownership.
While the transaction modestly increases insider exposure (~$20k), it appears to be part of a routine deferred-compensation election rather than a discretionary purchase, limiting its immediate market significance.