Form 4: Director Joel R. Shephard Increases AUB Holdings

Director Joel R. Shephard acquired phantom stock units in Atlantic Union Bankshares Corp via a deferred compensation plan.

Summary

• Director Joel R. Shephard acquired 560 shares of phantom stock in Atlantic Union Bankshares Corp (AUB).
• The transaction occurred on April 1, 2026, at a price of $35.74 per share.
• The acquisition was made through a non-qualified deferred compensation plan.
• Following this transaction, the reporting person holds a total of 3,565.958 shares of phantom stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing reflecting standard director compensation rather than a strategic shift.

Positives

• Director demonstrates alignment with shareholder interests through continued participation in the company's deferred compensation plan.

Negatives

• None identified.

Risks

• Phantom stock value is tied to the market performance of AUB common stock, exposing the holder to equity market volatility.

Future Outlook

The phantom stock units are payable in cash or common stock at a time elected by the reporting person per their deferred compensation election form.

Industry Context

StockSavvy.ai notes that director participation in deferred compensation plans is a standard corporate governance practice, signaling long-term commitment to the issuer's equity performance.

Comparison to Industry Standards

• The transaction is consistent with standard executive and director compensation practices in the regional banking sector.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine internal compensation transaction.

Next Steps

• Future distributions of phantom stock units will occur based on the director's pre-elected schedule.

Key Dates

Keywords

Atlantic Union Bankshares, AUB, Insider Trading, Form 4, Director, Deferred Compensation