Form 4: Atlantic Union Bankshares Director Acquires Shares
SEC Form 4 Filing
Patrick J. McCann, a director of Atlantic Union Bankshares Corp, acquired 460 shares of common stock on April 1, 2024.
Summary
- On April 1, 2024, Patrick J. McCann, a director of Atlantic Union Bankshares Corp, acquired 460 shares of common stock.
- The shares were acquired directly from the issuer at a price of $0.
- Following the transaction, McCann directly owns 28,756 shares of Atlantic Union Bankshares Corp common stock.
- McCann also has indirect ownership of 201 shares through his spouse.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a routine disclosure of a director's share acquisition. It doesn't inherently indicate positive or negative future performance.
Positives
- A director's increased stake in the company can be seen as a positive signal.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge sentiment and potential future performance.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: Acquisition of 460 shares of common stock. |
| 04/03/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.