Form 4: Director Wimbush Increases Stake in Atlantic Union

Director Frederick Blair Wimbush acquired 560 shares of phantom stock in Atlantic Union Bankshares Corp via a deferred compensation plan.

Summary

• Director Frederick Blair Wimbush acquired 560 shares of phantom stock on April 1, 2026.
• The transaction was valued at $35.74 per share.
• The acquisition was made through the company's non-qualified deferred compensation plan.
• Following this transaction, the director holds a total of 13,268.892 shares of phantom stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing reflecting standard director compensation practices with no material impact on company strategy or financial health.

Positives

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

Negatives

• None identified.

Risks

• Phantom stock value is tied to the market performance of Atlantic Union Bankshares common stock, exposing the director to equity market volatility.

Future Outlook

The phantom stock units are payable in cash or common stock upon the director's termination of service, subject to the terms of the company's non-qualified deferred compensation plan.

Industry Context

StockSavvy.ai notes that director participation in deferred compensation plans is a standard corporate governance practice in the banking sector, signaling long-term commitment to the institution.

Comparison to Industry Standards

• The use of phantom stock for director compensation is consistent with standard practices among regional U.S. financial institutions.
• The transaction size is immaterial relative to the total market capitalization of Atlantic Union Bankshares.

Stakeholder Impact

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

Next Steps

• No future actions required by the reporting person other than continued compliance with Section 16 reporting requirements.

Key Dates

Keywords

Atlantic Union Bankshares, AUB, Insider Trading, Form 4, Director Ownership, Phantom Stock