Form 4: Atlantic Union Bankshares Corp Executive Reports Stock Transaction
SEC Form 4 Filing
David V. Ring, EVP of Atlantic Union Bankshares Corp, reports the withholding of shares to cover tax obligations related to vesting restricted stock.
Summary
- On March 15, 2025, David V. Ring, an EVP at Atlantic Union Bankshares Corp, had shares withheld to cover tax obligations.
- A total of 314 shares of common stock were withheld at a price of $32.37 per share.
- Following the transaction, Ring directly owns 43,053.955 shares and indirectly owns 441.9043 shares through a trustee of an ESOP.
- The transaction was related to the vesting of a restricted stock award.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing detailing a standard tax withholding event. It doesn't indicate any significant positive or negative developments for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding event related to the vesting of restricted stock.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of the stock transaction (shares withheld for tax obligations). |
| 03/18/2025 | Date of signature for the Form 4 filing. |
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