Asbury John C 4
4 · Atlantic Union Bankshares Corp · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Atlantic Union (AUB) CEO John C. Asbury Receives Award; Shares Withheld
What Happened
- John C. Asbury, President and CEO (also a director) of Atlantic Union Bankshares Corp (AUB), had 20,641 performance share units (PSUs) vest on 2026-02-19 (reported on Form 4 filed 2026-02-23). The award is recorded at $0.00 per share (A = grant/award). To satisfy tax withholding obligations, 11,122 shares were withheld (F = tax withholding), leaving a net of 9,519 shares retained by Asbury.
Key Details
- Transaction date: 2026-02-19; Form 4 filed: 2026-02-23.
- Awarded/Acquired: 20,641 shares (code A) at $0.00.
- Withheld/Disposed for taxes: 11,122 shares (code F) at $0.00.
- Net shares added to Asbury’s holdings from this vesting: 9,519 shares (20,641 − 11,122).
- Footnotes: F1 — Vesting of PSUs originally granted Feb 23, 2023. F2 — Shares withheld to satisfy tax withholding obligations.
- Shares owned after the transaction are not specified in the supplied summary of the filing.
Context
- This was a PSU vesting event (award), not an open-market purchase or sale; the $0.00 price reflects that shares were issued upon vesting rather than bought. The withholding of shares for taxes is a common, administrative step (not a market sale by the insider). The Form 4 was filed on 2026-02-23 for the 2026-02-19 vesting date, which appears timely under standard reporting rules.
Insider Transaction Report
Form 4
Asbury John C
DirectorPRESIDENT AND CEO
Transactions
- Award
Common Stock
[F1]2026-02-19+20,641→ 291,173 total - Tax Payment
Common Stock
[F2]2026-02-19−11,122→ 280,051 total
Holdings
- 654.192(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Vesting of Performance Share Units (PSUs) that were granted February 23, 2023.
- [F2]Shares withheld upon vesting of PSUs to satisfy tax withholding obligations.
Signature
/s/ Rachel R. Lape, Attorney-in-Fact|2026-02-23