Form 4: AUB EVP Tedesco's PSU Vesting and Tax Withholding

Atlantic Union Bankshares EVP Maria P. Tedesco reported the vesting of 9,874 performance share units and the withholding of 4,429 shares for tax obligations.

Summary

• Maria P. Tedesco, Executive Vice President of Atlantic Union Bankshares Corp (AUB), reported transactions related to her beneficial ownership.
• On February 19, 2026, 9,874 Performance Share Units (PSUs) that were granted on February 23, 2023, vested.
• Concurrently, 4,429 shares were withheld to satisfy tax withholding obligations related to the PSU vesting.
• Following these transactions, Tedesco directly owns 91,626.873 shares of common stock.
• Her total beneficial ownership also includes 335.4406 shares held indirectly by a Trustee of an ESOP.
• The reported beneficial ownership includes additional shares acquired through dividend reinvestment since her last Form 4 filing.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive event, reflecting the successful vesting of executive compensation tied to performance, which is a positive signal for management alignment. However, it's a routine disclosure without significant new strategic information.

Positives

• Vesting of 9,874 Performance Share Units (PSUs) indicates the achievement of performance targets set in 2023.
• The reporting person's beneficial ownership increased by shares acquired through dividend reinvestment.

Negatives

• 4,429 shares were withheld to cover tax obligations, reducing the net shares received from the PSU vesting.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that the vesting of performance share units is a standard component of executive compensation packages in the banking industry, aligning management incentives with long-term company performance. The withholding of shares for tax purposes is also a routine practice following such vesting events.

Stakeholder Impact

• Shareholders: The vesting of PSUs for an EVP aligns management's interests with shareholder value creation, as these units are typically performance-based. The tax withholding is a routine administrative matter.
• Employees: This filing primarily concerns executive compensation and does not directly impact the broader employee base, though it reflects standard equity compensation practices.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation vesting and associated tax withholding. It does not provide new material information regarding the company's operational performance, strategic direction, or financial health that would warrant a change in investment recommendation. It confirms expected compensation events for an executive.

Keywords

Atlantic Union Bankshares, AUB, Maria P. Tedesco, Form 4, Insider Transaction, Performance Share Units, PSU Vesting, Executive Compensation, Stock Ownership, Dividend Reinvestment, Tax Withholding