Form 4: EVP Tedesco Reports AUB Stock Award and Tax Withholding
Insider Transaction Report
Atlantic Union Bankshares EVP Maria P. Tedesco reported recent transactions involving company common stock, including a restricted stock award and shares withheld for tax.
Summary
- Maria P. Tedesco, Executive Vice President of Atlantic Union Bankshares Corp (AUB), reported transactions in the company's common stock.
- On February 27, 2026, 1,786 shares of common stock were withheld at a price of $37.06 per share to cover tax withholding obligations related to the vesting of a restricted stock award.
- On March 2, 2026, Tedesco was awarded 13,505 shares of time-based restricted common stock, subject to a vesting schedule, with an acquisition price of $0.
- Following these transactions, Tedesco directly beneficially owns 101,024.873 shares of common stock.
- Additionally, Tedesco indirectly beneficially owns 394.4267 shares of common stock through the Trustee of an ESOP.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as slightly positive. While Form 4 filings are generally neutral, the award of restricted stock indicates continued executive alignment with shareholder interests and is a component of routine compensation.
Positives
- Maria P. Tedesco received an award of 13,505 shares of time-based restricted common stock, aligning her interests with shareholders.
Negatives
- 1,786 shares were withheld to cover tax obligations, which is a standard procedure upon restricted stock vesting and not inherently negative.
Future Outlook
The filing indicates that the awarded restricted stock is subject to a vesting schedule, implying future ownership changes as the vesting conditions are met.
Industry Context
StockSavvy.ai notes that Form 4 filings are routine disclosures of insider transactions, providing transparency into executive stock ownership and compensation. Such filings are common across all industries and are a standard part of corporate governance for publicly traded companies.
Stakeholder Impact
- Shareholders gain transparency into executive compensation and stock ownership, which can foster confidence in management alignment with long-term company performance.
Next Steps
- The awarded restricted stock will vest according to its predetermined schedule.
Key Dates
| Date | Description |
|---|---|
| 02/27/2026 | Shares withheld on vesting of restricted stock award to cover tax withholding. |
| 03/02/2026 | Award of time-based restricted stock subject to a vesting schedule. |
| 03/03/2026 | Signature date of the reporting person's attorney-in-fact. |
Recommendation
holdThis Form 4 filing details routine executive compensation and tax-related transactions. It does not provide new fundamental information about Atlantic Union Bankshares' operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate, maintaining existing positions based on broader company fundamentals.
Keywords
Atlantic Union Bankshares, AUB, Form 4, Insider Transaction, Restricted Stock Award, Executive Compensation, Stock Ownership, Maria P. Tedesco
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