Atlantic Union Bankshares Corp·4

Mar 3, 2:11 PM ET

Haun Bradley S. 4

Research Summary

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Atlantic Union EVP Bradley Haun Receives Award; 492 Shares Withheld

What Happened

  • Bradley S. Haun, EVP and Chief Risk Officer of Atlantic Union Bankshares (AUB), received a grant of 3,754 time‑based restricted shares (reported 2026-03-02). Separately, 492 shares were withheld on vesting to cover tax withholding (reported disposed 2026-02-27) at $37.06 per share, totaling $18,234.

Key Details

  • Transaction dates and amounts:
    • Feb 27, 2026: 492 shares withheld for tax withholding at $37.06/share — proceeds/value reported $18,234 (disposition; code F).
    • Mar 2, 2026: Award/grant of 3,754 restricted shares (acquisition; code A). Price reported $0.00 on Form 4 (typical for restricted stock grants).
  • Footnotes:
    • F1: Shares withheld on vesting of restricted stock award to cover tax withholding.
    • F2: Award is time‑based restricted stock subject to a vesting schedule.
  • Shares owned after the transaction: not specified in the provided filing.
  • Filing timeliness: Form 4 was filed 2026-03-03. The Feb 27 tax-withholding was reported more than two business days after the transaction (suggesting a late report); the Mar 2 award was reported within one day.

Context

  • This was not an open‑market purchase or sale for investment gain; the activity reflects vesting and tax-withholding of a restricted stock award (common compensation activity). Restricted stock grants signal compensation rather than an immediate buy/sell decision; the withheld shares were used to cover taxes on vesting, not a discretionary sale.