Form 4: Atlantic Union Bankshares Corp Director Acquires Shares
SEC Form 4 Filing
Director Frank Russell Ellett acquired 763 shares of Atlantic Union Bankshares Corp on October 1, 2024.
Summary
- On October 1, 2024, Frank Russell Ellett, a director of Atlantic Union Bankshares Corp, acquired 763 shares of common stock.
- The shares were acquired directly from the issuer at a price of $0 per share.
- Following the transaction, Ellett directly owns 58,439 shares of Atlantic Union Bankshares Corp.
- The transaction was reported on October 3, 2024.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity.
Positives
- A director increasing their holdings in the company can be seen as a positive signal.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: Frank Russell Ellett acquired 763 shares of Atlantic Union Bankshares Corp. |
| 10/03/2024 | Date of report filing. |
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