Form 4: Atlantic Union Bankshares Corp: Executive Matthew L. Linderman Reports Changes in Beneficial Ownership

EVP Matthew L. Linderman of Atlantic Union Bankshares Corp reports a transaction involving common stock on March 13, 2025, resulting in an adjusted beneficial ownership.

Summary

• On March 13, 2025, Matthew L. Linderman, an Executive Vice President at Atlantic Union Bankshares Corp, reported a transaction involving the company's common stock.
• The transaction involved the withholding of 350 shares to cover tax obligations upon the vesting of a restricted stock award.
• The price per share for the transaction was $31.91.
• Following the transaction, Linderman's direct ownership of Atlantic Union Bankshares Corp common stock is 13,667 shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing regarding stock transactions, and does not inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, which is common in the financial services industry. It provides transparency regarding the holdings and transactions of company insiders.

Comparison to Industry Standards

• Executive compensation practices, including stock awards and tax withholding, are standard across publicly traded financial institutions.
• Companies like Bank of America, JP Morgan Chase, and Wells Fargo also regularly disclose similar Form 4 filings for their executives.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it primarily reflects internal compensation adjustments.

Key Dates