KIMBLE DONALD R 4
Research Summary
AI-generated summary
Atlantic Union (AUB) Director Donald R. Kimble Receives 560-Share Award
What Happened
Donald R. Kimble, a director of Atlantic Union Bankshares Corp (AUB), was granted 560 shares on April 1, 2026. The Form 4 reports the acquisition as an award/other acquisition (code A) at a reported price of $0.00 (direct issuance), so the filing shows $0 cash paid for the shares. This is a grant/compensation-type transaction rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-02 (appears timely).
- Transaction type/code: Award/Grant (A); shares: 560; price per share reported: $0.00.
- Shares owned after transaction: Not stated in the filing.
- Footnote: F1 — Direct issue from issuer.
- No sale or cash received; this is an issuance of shares as compensation.
Context
Direct issuances at $0 typically reflect compensation awards (e.g., restricted stock or director grants) and are common for board members. Such grants are routine and do not by themselves signal buying or selling intent; vesting schedules or later sales (reported in future Form 4s) provide more insight into insider sentiment.