Gorman Robert Michael 4

What Happened

• Robert M. Gorman, EVP and CFO of Atlantic Union Bankshares Corp (AUB), received 7,103 shares on Feb 19, 2026 upon vesting of performance share units (PSUs). The filing reports an acquisition at $0.00 per share (code A).
• At the same time, 3,273 shares were withheld to satisfy tax withholding obligations (code F, reported at $0.00), leaving a net 3,830 shares delivered to Gorman.
• These were vesting awards (not open-market purchases or sales) and are routine compensation-related transactions rather than discretionary buys or sells.

Key Details

• Transaction date: 2026-02-19; Filing date: 2026-02-23 (filed within the required 2 business days).
• Award: 7,103 shares (code A) reported at $0.00 per share.
• Withholding: 3,273 shares withheld for taxes (code F) reported at $0.00 per share.
• Net shares received: 3,830 (7,103 granted minus 3,273 withheld).
• Footnotes: F1 — Vesting of PSUs granted Feb 23, 2023. F2 — Shares withheld upon vesting to satisfy tax withholding.
• Shares owned following the transaction: not specified in the provided filing details.

Context

• PSUs vesting converts previously granted performance-based units into common shares; withholding of a portion of shares to cover taxes is a common, routine practice (a form of cashless tax withholding).
• These transactions reflect compensation vesting and tax withholding, not an open-market buy or deliberate sale decision by the insider. Purchases usually carry clearer signals of insider sentiment; awards and withholding are typically routine.