Form 4: Atlantic Union Bankshares Corp Executive Reports Stock Transactions

David V. Ring, EVP of Atlantic Union Bankshares Corp, reports the disposal of common stock to cover tax withholding on vesting restricted stock.

Summary

• David V. Ring, an Executive Vice President at Atlantic Union Bankshares Corp, filed a Form 4 detailing changes in beneficial ownership.
• The report indicates the disposal of common stock to cover tax withholding obligations related to the vesting of restricted stock awards.
• Transactions occurred between February 22, 2025, and February 24, 2025.
• A total of 1,570 shares were disposed of at prices of $35.26 and $35.16.
• Following these transactions, Ring directly owns 37,378.177 shares of common stock.
• Ring also indirectly owns 441.9043 shares through a trustee of an Employee Stock Ownership Plan (ESOP).

Sentiment

Score: 5

Explanation: The document reflects routine transactions related to executive compensation and tax obligations, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions have a minimal impact on shareholders, as they are related to tax obligations and do not represent a significant change in ownership.

Key Dates