Form 4: AUB CFO Gorman Reports Routine Tax-Related Stock Disposition
Insider Transaction Report
Atlantic Union Bankshares CFO Robert Michael Gorman reported the disposition of common stock to cover tax withholding on restricted stock awards.
Summary
- Robert Michael Gorman, EVP and CFO of Atlantic Union Bankshares Corp (AUB), reported transactions involving the company's common stock.
- On February 22, 2026, 940 shares were disposed of at a price of $40.65 per share.
- On February 23, 2026, an additional 847 shares were disposed of at a price of $38.87 per share.
- These dispositions were identified as shares withheld to cover tax withholding obligations upon the vesting of restricted stock awards.
- Following these transactions, Gorman directly beneficially owns 93,177 shares of common stock and indirectly owns 2,484.8214 shares through an Employee Stock Ownership Plan (ESOP).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral. It reports a routine, non-discretionary transaction related to executive compensation and tax obligations, which is a common occurrence and does not reflect a change in company fundamentals or executive sentiment.
Positives
- The underlying event is the vesting of restricted stock awards, which represents earned compensation for the EVP and CFO.
Negatives
- The transactions resulted in a reduction of Robert Michael Gorman's direct beneficial ownership of Atlantic Union Bankshares Corp common stock by a total of 1,787 shares (940 + 847).
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
StockSavvy.ai notes that insider transactions, particularly those related to tax withholding on vested equity awards, are a routine occurrence for executives in publicly traded companies and generally do not indicate a change in company fundamentals or strategic direction.
Stakeholder Impact
- Shareholders: Minimal impact, as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in company prospects or executive confidence.
Key Dates
| Date | Description |
|---|---|
| 02/22/2026 | Transaction date for the disposition of 940 shares of common stock. |
| 02/23/2026 | Transaction date for the disposition of 847 shares of common stock. |
| 02/25/2026 | Date the Statement of Changes in Beneficial Ownership was signed. |
Keywords
AUB, Atlantic Union Bankshares, Form 4, insider transaction, stock disposition, tax withholding, executive compensation
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