Haun Bradley S. 4
Research Summary
AI-generated summary
Atlantic Union (AUB) EVP Bradley S. Haun Withholds Shares for Taxes
What Happened
Bradley S. Haun, EVP and Chief Risk Officer of Atlantic Union Bankshares (AUB), had 867 shares withheld to cover tax withholding related to vesting restricted stock. On Feb 22, 2026, 501 shares were withheld at a per-share value of $40.65 (value $20,366). On Feb 23, 2026, 366 shares were withheld at $38.87 per share (value $14,226). These were tax-withholding dispositions (routine cashless withholding) rather than open-market sales.
Key Details
- Dates and amounts:
- 2026-02-22: 501 shares withheld @ $40.65 = $20,366. (Footnote F1/F2)
- 2026-02-23: 366 shares withheld @ $38.87 = $14,226. (Footnote F1/F2)
- Total withheld: 867 shares, total value ≈ $34,592.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes:
- F1: Shares withheld on vesting of restricted stock award to cover tax withholding.
- F2: Values based on the market closing price on the trading day before the transaction date.
- F3: Mentions inclusion of shares allocated under an employee stock ownership plan (may affect reported holdings).
- Filing: Report filed Feb 25, 2026 (no late-filing flag indicated in the provided data).
Context
This was a routine tax-withholding action tied to the vesting of restricted stock awards (a common way companies satisfy tax obligations when RSUs vest). Because the shares were withheld to cover taxes—not sold in the open market—this transaction does not signal a directional bet by the insider on the company's stock price.