Atlantic Union discloses accelerated equity and cash awards for Sandy Spring execs to mitigate Section 280G tax impact

Atlantic Union Bankshares Corp

Sandy Spring's Compensation committee approved accelerated 2024 bonuses, RSAs, and reissued PSUs for 6 named execs and 5 others.
CEO Schrider received ~$405K accelerated bonus and ~$1.59M in equity (Reissued RSAs plus Accelerated 2025 RSA Awards).
Five other non-NEO impacted execs got aggregate ~$578.7K accelerated bonus and ~$1.74M in equity.
Severance for five non-NEO participants in the Executive Severance Plan estimated at $10.0M aggregate.
Acceleration and Clawback Agreement requires repayment if exec leaves before original vesting/earn-out conditions.

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