Woolley Douglas F. III 4

What Happened

• Douglas F. Woolley III, EVP & Chief Credit Officer (CCO) of Atlantic Union Bankshares Corp (AUB), received a grant of 4,409 time‑based restricted shares (reported 2026-03-02). To cover tax withholding on the vesting, 414 shares were withheld/disposed on 2026-02-27 at a reported per‑share value of $37.06, equal to about $15,343. The award shows a $0.00 acquisition price (typical for restricted stock grants).

Key Details

• Transactions and codes: 2026-02-27 — 414 shares withheld/disposed (code F) @ $37.06 = $15,343; 2026-03-02 — 4,409 shares granted/acquired (code A) @ $0.00.
• Shares owned after the transaction: not specified in the supplied filing data.
• Footnotes: F1 — shares were withheld on vesting to cover tax withholding; F2 — award is time‑based restricted stock subject to a vesting schedule.
• Filing timeliness: Form filed 2026-03-03; based on transaction dates, the filing appears timely (no late‑filing flag reported).

Context

• This was an equity award (restricted stock) rather than an open‑market purchase or sale. The withheld shares represent a routine tax withholding on vesting, not a discretionary market sale. Restricted shares remain subject to the issuer’s vesting terms and restrictions until vested.