AUB.NYSEAtlantic Union Bankshares CORP

Form 4: Atlantic Union Bankshares EVP & CRO, Sherry Williams, Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing

📋All filings for Atlantic Union Bankshares CORP
🔒Login to Follow

Sherry Williams, EVP & CRO of Atlantic Union Bankshares, reports the withholding of shares to cover tax obligations related to vesting restricted stock.

Summary

  • Sherry Williams, the EVP & CRO of Atlantic Union Bankshares Corp, filed a Form 4 detailing changes in beneficial ownership.
  • The reported transactions involve the withholding of common stock to cover tax obligations upon the vesting of restricted stock awards.
  • On February 22, 2025, 427 shares were withheld at a price of $35.26.
  • On February 23, 2025, 701 shares were withheld at a price of $35.26.
  • Following these transactions, Williams directly owns 9,826 shares of common stock.
  • Williams also indirectly owns 28.9147 shares through a trustee of an employee stock ownership plan (ESOP).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing regarding stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in the financial services industry.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they relate to executive compensation and do not represent a significant change in the company's financial position.

Key Dates

DateDescription
02/22/2025427 shares of common stock withheld to cover tax obligations at $35.26 per share.
02/23/2025701 shares of common stock withheld to cover tax obligations at $35.26 per share.
02/25/2025Date of signature by Attorney-in-Fact, Rachael R. Lape.

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.