Form 4: Director Corbin Acquires AUB Shares

Atlantic Union Bankshares Director Patrick E. Corbin acquired 567 shares of common stock through a direct issue.

Summary

• Patrick E. Corbin, a Director of Atlantic Union Bankshares Corp (AUB), acquired 567 shares of common stock.
• The transaction occurred on January 2, 2026, and was a direct issue from the issuer at a price of $0 per share.
• Following this acquisition, Mr. Corbin directly owns 18,319 shares and indirectly owns 13,072 shares through the Patrick Corbin Revocable Trust, totaling 31,391 shares.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading plan.

Sentiment

Score: 6

Explanation: Director Patrick E. Corbin's acquisition of 567 shares, even at a $0 price, indicates an increase in his stake and aligns his interests with shareholders. The transaction being under a Rule 10b5-1 plan suggests a pre-planned, systematic approach to equity compensation or investment.

Positives

• A director increasing their equity stake, even through a grant, can signal continued alignment of interests with shareholders.
• The transaction was executed under a Rule 10b5-1 plan, indicating a structured and pre-planned approach to equity compensation or investment.

Negatives

• The shares were acquired at a price of $0, suggesting they were part of compensation (e.g., restricted stock unit vesting) rather than an open market purchase, which might be seen as a stronger signal of confidence.

Industry Context

This filing reports an individual insider transaction and does not provide broader industry context or trends.

Related Party Transactions

• Director Patrick E. Corbin acquired 567 shares of common stock directly from Atlantic Union Bankshares Corp at a price of $0.

Stakeholder Impact

• Shareholders: Increased alignment of a director's interests with shareholders due to increased equity ownership.

Key Dates

Recommendation

The acquisition of 567 shares by Director Patrick E. Corbin, while increasing his beneficial ownership, is a relatively small transaction and appears to be a compensation-related grant ($0 price). While it shows continued alignment of interests, it does not provide sufficient new information to alter an investment thesis significantly, thus a 'hold' recommendation is appropriate.

Keywords

Atlantic Union Bankshares, AUB, Patrick Corbin, Director, Stock Acquisition, Form 4, Insider Trading, Beneficial Ownership, Equity Compensation, Rule 10b5-1