Miller Clare 4
Research Summary
AI-generated summary
Atlantic Union (AUB) EVP Clare Miller Receives 4,034-Share Award
What Happened
- Clare Miller, Executive Vice President & Chief Human Resources Officer of Atlantic Union Bankshares (AUB), was awarded 4,034 time‑based restricted shares on 2026-03-02 (grant, code A). Separately, 498 shares were withheld on 2026-02-27 to cover tax withholding related to a vesting event (code F), representing proceeds of $18,456 (498 × $37.06). The award is a grant of restricted stock (not an open-market purchase or sale).
Key Details
- Transactions and values:
- 2026-02-27: 498 shares withheld for tax (F) at $37.06/share — proceeds $18,456.
- 2026-03-02: 4,034 restricted shares granted (A) at $0 reported price.
- Shares owned after the transactions: not specified in the provided filing excerpt; see the full Form 4 for holdings.
- Footnotes: F1 — shares were withheld on vesting to cover tax withholding; F2 — the 4,034-share grant is time‑based restricted stock subject to a vesting schedule.
- Filing: Form 4 filed 2026-03-03 covering the 2/27 withholding and 3/2 grant. Form 4s are normally due within two business days of the transaction — consult the full filing for timeliness details.
Context
- The 498-share disposition was a tax-withholding action tied to a vesting event (routine administrative occurrence), not an open-market sale expressing sentiment. The 4,034-share grant is restricted stock subject to future vesting, so it does not reflect an immediate market purchase. Purchases by insiders can be more indicative of confidence; this filing primarily records compensation-related equity activity.