Mona Abutaleb Stephenson - Apr 1, 2025 Form 4 Insider Report for Atlantic Union Bankshares Corp (AUB)

Role
Director
Signature
/s/ Rachael R. Lape, Attorney-in-Fact
Stock symbol
AUB
Transactions as of
Apr 1, 2025
Transactions value $
$0
Form type
4
Date filed
4/3/2025, 06:04 PM
Previous filing
Jan 6, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AUB Common Stock Award +10.9K 10.9K Apr 1, 2025 Direct F1, F2
transaction AUB Common Stock Award $0 +642 +5.9% $0.00 11.5K Apr 1, 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquired as a result of a merger (the "Merger") pursuant to the previously announced Agreement and Plan of Merger, dated as of October 21, 2024, by and between Atlantic Union Bankshares Corporation ("AUB") and Sandy Spring Bancorp, Inc. ("SASR"), as it may be amended from time to time (the "Merger Agreement").
F2 Pursuant to the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each share of SASR common stock, par value $1.00 per share, held by the reporting person was converted into 0.900 shares of AUB common stock, par value $1.33 per share, with cash payable in lieu of any fractional shares. In addition, pursuant to the Merger Agreement, at the Effective Time, each SASR restricted stock unit held by the reporting person as of immediately prior to the Effective Time became fully vested, was cancelled and was converted into a right to receive 0.900 shares of AUB common stock for each share of SASR common stock underlying such restricted stock unit, with cash payable in lieu of any fractional shares, plus, if applicable, an amount in cash equal to any dividend equivalents with respect thereto.
F3 Direct issue from AUB in respect of the reporting person's quarterly retainer for service on AUB's Board of Directors.