Atlantic Union Bankshares Corp·4

Feb 23, 4:10 PM ET

Asbury John C 4

Research Summary

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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.