{"schema_version":"secwatch.filing_event.v1","accession":"0000883948-23-000082","form_type":"8-K","ticker":"AUB","cik":"0000883948","company_name":"Atlantic Union Bankshares Corp","filed_at":"2023-09-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.867444+00:00","generated_at":"2026-06-10T11:33:30.925181+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Atlantic Union Bankshares completes $45.8M sale-leaseback of 27 properties and $228.3M securities sale","bullets":["Sale-leaseback of 27 properties (25 branches + drive thru/parking) for $45.8M cash; pre-tax gain $27.9M.","Lease terms: 17-year initial with renewal options; annual rent $3.7M pre-tax with 1.5% escalation.","Concurrently sold $228.3M in AFS securities for pre-tax loss of $27.7M, offsetting the gain.","Net transaction expected to be immediately accretive to net income and EPS; no branch closures.","Securities proceeds initially held at Fed, to be reinvested back into investment portfolio."],"urls":{"canonical":"https://secwatch.observer/filing/0000883948-23-000082","json":"https://secwatch.observer/filing/0000883948-23-000082.json","markdown":"https://secwatch.observer/filing/0000883948-23-000082.md","text":"https://secwatch.observer/filing/0000883948-23-000082.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/883948/000088394823000082/0000883948-23-000082-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/883948/000088394823000082/aub-20230920x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T11:33:30.925181+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"957636c0e1515b2bd7632b38d43eab65043f31eb","claim":"Atlantic Union Bankshares Corp entered into Sale Agreement with Blue Owl AUB VA Owner LLC valued at approximately $45.8 million (effective 2023-09-20).","evidence_excerpt":"On September 20, 2023, Atlantic Union Bank (the “Bank”), a wholly-owned subsidiary of Atlantic Union Bankshares Corporation (the “Company”), entered into and closed on an agreement for the purchase and sale of real property (the “Sale Agreement”) with Blue Owl AUB VA Owner LLC (the “Purchaser”), an affiliate of Blue Owl Capital Inc., which provides for the sale to Purchaser of 27 properties owned and operated by the Bank, which consist of 25 branches and a drive thru and parking lot, each adjacent to a sold branch (collectively, the “Properties”), for an aggregate cash purchase price of approximately $45.8 million.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/883948/000088394823000082/0000883948-23-000082-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Blue Owl AUB VA Owner LLC"},{"label":"Value","value":"approximately $45.8 million"},{"label":"Effective","value":"2023-09-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}