Form 4: AUB Director Mark Micklem Acquires 567 Shares

Atlantic Union Bankshares Director Mark C. Micklem increased his beneficial ownership by acquiring 567 shares of common stock through a direct issue.

Summary

• Mark C. Micklem, a Director of Atlantic Union Bankshares Corp (AUB), acquired 567 shares of common stock.
• The transaction occurred on October 1, 2025, and was a direct issue from the Issuer at a price of $0 per share.
• Following this acquisition, Micklem's total beneficial ownership in AUB common stock stands at 21,023.8648 shares.
• This total includes 19.864 additional shares acquired through dividend reinvestment since his last Form 4 filing.

Sentiment

Score: 6

Explanation: Slightly positive due to increased insider ownership, though the $0 acquisition price indicates a grant rather than an open market purchase, tempering the positive signal.

Positives

• Increased insider ownership by a Director, which can signal confidence in the company's future.
• The acquisition of shares, even if through direct issue, aligns management's interests with shareholders.

Negatives

• The shares were acquired at a $0 price, indicating they were likely part of compensation or a grant rather than an open market purchase, which might be viewed as less impactful than a cash purchase.

Future Outlook

Not applicable, as this filing reports a past insider transaction and does not provide forward-looking statements or guidance.

Industry Context

Insider transactions, particularly share grants or acquisitions by directors, are common in the banking sector as part of executive compensation packages, aiming to align leadership incentives with long-term shareholder value.

Related Party Transactions

• The direct issue of 567 shares from Atlantic Union Bankshares Corp to its Director, Mark C. Micklem, constitutes a related party transaction.

Stakeholder Impact

• Shareholders: Potentially positive, as increased insider ownership can signal confidence and better alignment of interests.
• Management: Direct compensation in equity aligns their financial interests with the company's performance.

Key Dates

Keywords

Atlantic Union Bankshares, AUB, Insider Transaction, Form 4, Director Share Acquisition, Mark C. Micklem, Common Stock