Form 4: Atlantic Union Bankshares Director to Acquire Shares Under Pre-Arranged Plan

Atlantic Union Bankshares Corp Director Linda V. Schreiner is set to acquire 639 shares of common stock at $31.28 per share on July 1, 2025, under a Rule 10b5-1 plan.

Summary

• Linda V. Schreiner, a Director of Atlantic Union Bankshares Corp (AUB), will acquire 639 shares of common stock.
• The transaction is scheduled for July 1, 2025, at a price of $31.28 per share.
• This acquisition is being made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan, indicating a pre-arranged transaction.
• Following this transaction, Linda V. Schreiner will beneficially own a total of 22,679.296 shares of Atlantic Union Bankshares Corp common stock.
• The total beneficial ownership includes 174.902 additional shares acquired through dividend reinvestment since the reporting person's last Form 4 filing.

Sentiment

Score: 7

Explanation: The sentiment is positive due to an insider (director) acquiring shares, which generally signals confidence in the company's future. The transaction being pre-arranged under Rule 10b5-1 makes it a planned event rather than a spontaneous market-timing move, but it still represents an increase in insider ownership.

Positives

• The acquisition of shares by a director can signal confidence in the company's future prospects and valuation.
• The transaction is a direct issue from the Issuer, potentially indicating a compensation-related acquisition or a direct offering to the director.

Future Outlook

The document indicates a future transaction date of July 1, 2025, for the acquisition of shares, suggesting a pre-planned investment by a director.

Industry Context

This insider transaction reflects a director's investment in a regional banking institution, Atlantic Union Bankshares Corp, which operates within the U.S. financial services sector. Such transactions are common disclosures for publicly traded companies and are often viewed by investors as indicators of management's confidence in the company's performance relative to broader industry trends.

Related Party Transactions

• The acquisition of 639 shares of common stock by Linda V. Schreiner, a Director of Atlantic Union Bankshares Corp, is a related party transaction.

Stakeholder Impact

• Shareholders may view the director's acquisition of additional shares as a positive sign of management's alignment with shareholder interests and confidence in the company's future.

Next Steps

• The acquisition of 639 shares by Linda V. Schreiner is scheduled to occur on July 1, 2025.

Key Dates

Recommendation

Keywords

Atlantic Union Bankshares, AUB, SEC Form 4, Insider Trading, Director Share Acquisition, Rule 10b5-1, Common Stock, Financial Services, Banking