Form 4: Atlantic Union Bankshares Director Acquires Shares
SEC Form 4
Director Patrick J. McCann acquired 495 shares of Atlantic Union Bankshares Corp on July 1, 2024.
Summary
- On July 1, 2024, Patrick J. McCann, a director of Atlantic Union Bankshares Corp, acquired 495 shares of common stock.
- The shares were acquired directly from the issuer at a price of $0 per share.
- Following the transaction, McCann directly owns 29,251 shares of common stock.
- McCann also indirectly owns 201 shares through his spouse.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of a director's share acquisition. While insider buying can be seen as positive, this is a relatively small transaction.
Positives
- The director's acquisition of shares could be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's performance and future prospects. Director's purchases are often seen as a positive sign.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Patrick J. McCann acquired 495 shares of common stock. |
| 07/03/2024 | Date of signature on the Form 4 filing. |
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