Form 4: Atlantic Union Bankshares CHRO Tax Withholding

Atlantic Union Bankshares EVP & CHRO Clare Miller reported the disposition of shares for tax withholding purposes following restricted stock vesting.

Summary

• Clare Miller, Executive Vice President and Chief Human Resources Officer (EVP & CHRO) of Atlantic Union Bankshares Corp (AUB), reported transactions related to her beneficial ownership.
• Shares were disposed of to cover tax withholding obligations upon the vesting of restricted stock awards.
• On February 22, 2026, 388 shares of Common Stock were disposed of at a price of $40.65 per share.
• On February 23, 2026, an additional 225 shares of Common Stock were disposed of at a price of $38.87 per share.
• Following these transactions, Clare Miller directly holds 12,510 shares of Common Stock.
• Additionally, Clare Miller indirectly holds 97.1546 shares through an employee stock ownership plan (ESOP).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a standard tax-related disposition following the vesting of restricted stock awards, which is a common occurrence in executive compensation.

Positives

• The underlying event of restricted stock vesting indicates that the executive met performance or tenure requirements, which is a positive for executive compensation and retention.

Negatives

• A reduction in the executive's direct beneficial ownership occurred due to the disposition of shares for tax withholding.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, particularly dispositions for tax purposes following the vesting of equity awards, are common and routine events across the banking sector. These transactions are typically not indicative of management's sentiment towards the company's future prospects but rather a standard part of executive compensation and tax planning.

Comparison to Industry Standards

• These types of tax-related dispositions are standard practice across all industries for executives receiving equity compensation. For example, similar transactions are routinely observed at peer banks like Truist Financial Corporation (TFC) or PNC Financial Services Group (PNC) when their executives' restricted stock units vest.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related disposition, not a discretionary sale, and does not reflect a change in company fundamentals.
• Employees: No direct impact beyond the reporting person, as this relates to individual executive compensation.

Key Dates

Recommendation

The filing details a routine disposition of shares for tax withholding purposes following restricted stock vesting. This is a standard executive compensation event and does not provide new information to warrant a change in investment recommendation. Investors should continue to hold based on broader company fundamentals.

Keywords

Atlantic Union Bankshares, AUB, Clare Miller, Form 4, Insider Transaction, Restricted Stock, Tax Withholding, Executive Compensation