Gorman Robert Michael 4

What Happened

• Robert Michael Gorman, EVP and CFO of Atlantic Union Bankshares (AUB), received a grant of 10,185 time‑based restricted shares on 2026-03-02.
• On 2026-02-27, 1,281 shares were withheld to satisfy tax withholding obligations at an effective value of $37.06 per share, totaling $47,474. The grant itself is reported at $0.00 per share because these are restricted stock awards (not an open‑market purchase).

Key Details

• Transactions:
  • 2026-02-27: 1,281 shares withheld for tax liability (code F) at $37.06/share — $47,474.
  • 2026-03-02: 10,185 shares granted as restricted stock (code A) — reported $0.00 per share.
• Shares owned after the transactions: not specified in this filing.
• Footnotes: F1 confirms shares were withheld on vesting to cover tax withholding; F2 states the award is time‑based restricted stock subject to a vesting schedule.
• Filing: Form 4 filed 2026-03-03 reporting the above transactions (filing shows the grant and the withholding).

Context

• This was a compensation award (restricted stock) and a routine tax‑withholding disposition, not an open‑market buy or sell. Such grants are common as part of executive compensation and do not by themselves signal the insider’s intent to trade shares on the market.