Form 4: Atlantic Union Bankshares Corp Executive Reports Stock Transactions
SEC Form 4 Filing
Maria P. Tedesco, an EVP at Atlantic Union Bankshares Corp, reports the disposal of shares to cover tax withholding and an increase in holdings through dividend reinvestment.
Summary
- On March 15, 2025, Maria P. Tedesco, an EVP of Atlantic Union Bankshares Corp, reported a transaction involving common stock.
- 224 shares were disposed of to cover tax withholding at a price of $32.37 per share.
- Following the transaction, Tedesco directly owns 85,283.522 shares of common stock.
- Tedesco also indirectly owns 335.4406 shares through a trustee of the ESOP.
- The report also notes that 242.934 additional shares were acquired through dividend reinvestment since the last Form 4 filing.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports routine stock transactions. The increase in shares through dividend reinvestment is a slightly positive sign.
Positives
- The reporting person increased their holdings through dividend reinvestment, indicating confidence in the company's future.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies to ensure transparency and compliance with SEC regulations.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares being disposed of for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of the stock transaction (disposal of shares for tax withholding). |
| 03/18/2025 | Date of signature for the report. |
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