AUB Amends 8-K on Executive Changes, Compensation

Ticker: AUB-PA · Form: 8-K/A · Filed: Jan 29, 2024 · CIK: 883948

Atlantic Union Bankshares Corp 8-K/A Filing Summary
FieldDetail
CompanyAtlantic Union Bankshares Corp (AUB-PA)
Form Type8-K/A
Filed DateJan 29, 2024
Risk Levellow
Pages2
Reading Time2 min
Key Dollar Amounts$1.33
Sentimentneutral

Complexity: simple

Sentiment: neutral

Topics: amendment, executive-changes, compensation

TL;DR

**AUB filed an 8-K/A clarifying executive changes and pay, watch for strategic shifts.**

AI Summary

Atlantic Union Bankshares Corp (AUB) filed an 8-K/A on January 29, 2024, amending its previous 8-K from December 8, 2023. This amendment clarifies details regarding the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers' for the bank. This matters to investors because changes in executive leadership and compensation structures can signal shifts in company strategy or financial health, potentially impacting future stock performance.

Why It Matters

Changes in executive leadership and their compensation can influence a company's strategic direction and operational efficiency, directly affecting its financial performance and investor confidence.

Risk Assessment

Risk Level: low — This filing is an amendment clarifying previously reported information, not announcing new, significant adverse events.

Analyst Insight

Investors should review the original 8-K from December 8, 2023, and this 8-K/A to understand the full scope of executive changes and compensation details, as these can influence future company performance and strategy.

Key Players & Entities

  • Atlantic Union Bankshares Corporation (company) — the registrant filing the 8-K/A
  • December 8, 2023 (date) — date of the earliest event reported in the original 8-K
  • January 29, 2024 (date) — date the 8-K/A was filed
  • 001-39325 (other) — Commission File Number for Atlantic Union Bankshares Corporation

FAQ

What is the purpose of an 8-K/A filing?

An 8-K/A filing, like this one from Atlantic Union Bankshares Corp, is an amendment to a previously filed 8-K. It is used to correct, update, or provide additional information to a prior Current Report on Form 8-K, as indicated by the '/A' suffix in the form type.

What was the original event reported by Atlantic Union Bankshares Corp that this 8-K/A amends?

The original event reported by Atlantic Union Bankshares Corp, which this 8-K/A amends, occurred on December 8, 2023, and per the 'ITEM INFORMATION', it concerned 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers'.

When was this 8-K/A filed with the SEC?

This 8-K/A was filed with the SEC on January 29, 2024, as indicated by the 'FILED AS OF DATE' and 'ACCESSION NUMBER' timestamp.

What is the SEC File Number for Atlantic Union Bankshares Corp?

The SEC File Number for Atlantic Union Bankshares Corp is 001-39325, as stated in the filing under 'Commission File Number'.

Where is Atlantic Union Bankshares Corp's principal executive office located?

Atlantic Union Bankshares Corp's principal executive office is located at 4300 Cox Road, Glen Allen, Virginia 23060, according to the 'BUSINESS ADDRESS' section of the filing.

Filing Stats: 513 words · 2 min read · ~2 pages · Grade level 11.2 · Accepted 2024-01-29 16:00:27

Key Financial Figures

  • $1.33 — ch registered Common Stock, par value $1.33 per share AUB New York Stock Exchan

Filing Documents

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ATLANTIC UNION BANKSHARES CORPORATION Date: January 29, 2024 By: /s/ Robert M. Gorman Robert M. Gorman Executive Vice President and Chief Financial Officer 2

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