Asbury John C 4

What Happened
John C. Asbury, President & CEO and a director of Atlantic Union Bankshares (AUB), received a grant of 34,808 time‑based restricted shares (code A) on 2026-03-02 (grant price $0.00). To cover tax withholding upon vesting, 4,263 shares were withheld/disposed (code F) on 2026-02-27 at $37.06, generating proceeds of $157,987. Implicitly, the award results in a net increase of 30,545 shares retained by Asbury (34,808 granted minus 4,263 withheld).

Key Details

• Transaction dates: 2026-02-27 (4,263 shares withheld at $37.06) and 2026-03-02 (34,808 restricted shares granted at $0.00).
• Withheld shares proceeds: 4,263 × $37.06 = $157,987.
• Net shares added (implicit): 30,545 shares (34,808 grant less 4,263 withheld).
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnotes: F1 = shares withheld on vesting to cover tax withholding; F2 = award is time‑based restricted stock subject to a vesting schedule.
• Filing date: Form 4 filed 2026-03-03; no late‑filing flag indicated.

Context
This transaction is a standard equity compensation event: a time‑based restricted stock grant to the CEO, with a portion of shares withheld to satisfy tax obligations. Grants are not an open‑market purchase and are typically subject to vesting (so they may not be immediately tradable). The withholding (code F) is a routine, administrative disposition rather than a market sale and does not necessarily signal a change in the insider’s view of the company.