Form 4: Atlantic Union Bankshares Corp Executive Gorman Reports Stock Transaction
SEC Form 4 Filing
EVP and CFO Robert Michael Gorman reports a transaction involving Atlantic Union Bankshares Corp common stock related to tax withholding on a restricted stock award.
Summary
- Robert Michael Gorman, EVP and CFO of Atlantic Union Bankshares Corp, reported a transaction on March 15, 2025.
- 179 shares of common stock were disposed of to cover tax withholding requirements related to the vesting of a restricted stock award.
- The price per share was $32.37.
- Following the transaction, Gorman directly owns 90,287 shares of common stock and indirectly owns 2,340.7184 shares through a trustee of the ESOP.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, indicating a neutral sentiment.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is related to tax withholding on executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of stock transaction (disposal of shares for tax withholding). |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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