Form 4: Atlantic Union Bankshares EVP & CHRO Clare Miller Reports Stock Transactions
SEC Form 4 Filing
Clare Miller, EVP & CHRO of Atlantic Union Bankshares Corp, reports the withholding of shares to cover tax obligations related to vesting restricted stock.
Summary
- On February 22, 2025, Clare Miller, EVP & CHRO of Atlantic Union Bankshares Corp, had 421 shares of common stock withheld to cover tax obligations at a price of $35.26 per share, resulting in a holding of 8,211 shares.
- On February 23, 2025, an additional 618 shares were withheld for tax obligations at the same price, reducing the direct holdings to 7,593 shares.
- Miller also indirectly owns 50.2733 shares through the trustee of the Employee Stock Ownership Plan (ESOP).
Sentiment
Score: 7
Explanation: The sentiment is neutral as the filing reports routine transactions related to tax obligations. It doesn't indicate any significant positive or negative developments for the company.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine tax-related stock withholdings.
Key Dates
| Date | Description |
|---|---|
| 02/22/2025 | 421 shares of common stock withheld for tax obligations at $35.26 per share. |
| 02/23/2025 | 618 shares of common stock withheld for tax obligations at $35.26 per share. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
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