Atlantic Union Bankshares evp Linderman sells $309,840 in common stock
Atlantic Union Bankshares evp Linderman sells $309,840 in common stock
Matthew L. Linderman, an Executive Vice President at Atlantic Union Bankshares Corp (NASDAQ:AUB), sold shares of the company’s common stock totaling $309,840. The transaction occurred on October 22, 2026.
Mr. Linderman disposed of 7,746 shares at a price of $40.0 per share, slightly above the current stock price of $39.74. Following this sale, his direct beneficial ownership in Atlantic Union Bankshares Corp stands at 10,455 shares. Additionally, he indirectly holds 44.7468 shares through a trustee of an ESOP. According to InvestingPro analysis, the stock appears undervalued at current levels, with shares trading below the platform’s calculated Fair Value—placing it among opportunities on the Most Undervalued list.
The transaction was reported in a Form 4 filing with the Securities and Exchange Commission dated October 26, 2026. For investors seeking deeper insights, AUB is one of 1,400+ US equities covered by comprehensive Pro Research Reports, which transform complex financial data into clear, actionable intelligence available on InvestingPro.
In other recent news, Atlantic Union Bankshares reported its third-quarter 2026 earnings, meeting Wall Street’s expectations with an adjusted earnings per share (EPS) of $0.96. The reported EPS was slightly lower at $0.94 due to a debt extinguishment charge. The bank experienced a 9.6% annualized increase in average loans, with period-end loans reaching $29.3 billion. Despite facing higher funding costs, the net interest margin narrowed by only 6 basis points to 3.88%. Credit quality remained robust, with non-performing assets dropping to 37 basis points of loans held for investment. Atlantic Union Bankshares also repurchased $62.5 million worth of stock and plans to continue buybacks through May 2027. The bank’s net income available to common shareholders was $133.7 million, while adjusted operating earnings stood at $135.6 million. These developments reflect the company’s ability to navigate a challenging funding environment successfully.
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