secwatch / observer

Atlantic Union Bankshares Corp — fact timeline

Source-grounded facts extracted from Atlantic Union Bankshares Corp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

AUB Atlantic Union Bankshares Corp JSON
Shareholder Votes

Atlantic Union Bankshares Corp shareholders approved Say on Pay.

“Proposal 5: Say on Pay ​ The compensation of our named executive officers, on an advisory, non-binding basis, was approved with the following votes: ​ ​ ​ ​ Votes For ​ Votes Against ​ Abstain ​ Broker Non-Votes 100,089,091 ​ 7,052,051 ​ 608,853 ​ 15,384,764”
Shareholder Votes

Atlantic Union Bankshares Corp shareholders approved Ratification of Appointment of Ernst & Young LLP.

“Proposal 4: Ratification of Appointment of Ernst & Young LLP ​ The appointment of Ernst & Young LLP as our independent registered public accounting firm for 2026 was approved with the following votes: ​ ​ ​ ​ Votes For ​ Votes Against ​ Abstain ​ Broker Non-Votes 121,995,223 ​ 960,212 ​ 179,323 ​ —”
Shareholder Votes

Atlantic Union Bankshares Corp shareholders approved Approval of an amendment to the Company's articles of incorporation to remove the supermajority voting requirement in Article VII related to amendments to the articles of incorporation.

“Proposal 3: Approval of an amendment to the Company’s articles of incorporation to remove the supermajority voting requirement in Article VII related to amendments to the articles of incorporation ​ This amendment was approved with the following votes: ​ ​ ​ ​ Votes For ​ Votes Against ​ Abstain ​ Broker Non-Votes 106,964,154 ​ 508,992 ​ 276,849 ​ 15,384,764”
Shareholder Votes

Atlantic Union Bankshares Corp shareholders approved Approval of an amendment to the Company's articles of incorporation to remove the supermajority voting requirement in Article V related to the removal of directors by shareholders.

“Proposal 2: Approval of an amendment to the Company’s articles of incorporation to remove the supermajority voting requirement in Article V related to the removal of directors by shareholders ​ This amendment was approved with the following votes: ​ ​ ​ ​ Votes For ​ Votes Against ​ Abstain ​ Broker Non-Votes 107,041,503 ​ 443,365 ​ 265,128 ​ 15,384,764”
Shareholder Votes

Atlantic Union Bankshares Corp shareholders approved Election of Directors.

“Proposal 1: Election of Directors ​ The following directors were elected with the following votes to serve until the 2026 annual meeting of shareholders, or until his or her successor is duly elected and qualified . ​ ​ ​ ​ ​ Nominees ​ Votes For ​ Votes Against ​ Abstain ​ Broker Non-Votes Mona Abutaleb Stephenson ​ 103,788,626 ​ 3,573,559 ​ 387,810 ​ 15,384,764 Nancy Howell Agee ​ 103,007,168 ​ 4,512,470 ​ 230,357 ​ 15,384,764 John C. Asbury ​ 103,667,233 ​ 3,989,159 ​ 93,603 ​ 15,384,764 Rilla S. Delorier ​ 103,566,264 ​ 3,963,916 ​ 219,814 ​ 15,384,764 Frank Russell Ellett ​ 103,812,672 ​ 3,729,874 ​ 207,449 ​ 15,384,764 Paul Engola ​ 102,831,463 ​ 4,540,627 ​ 377,905 ​ 15,384,764 Donald R. Kimble ​ 103,989,682 ​ 3,396,043 ​ 364,270 ​ 15,384,764 Patrick J. McCann ​ 102,585,186 ​ 4,957,388 ​ 207,421 ​ 15,384,764 Mark C. Micklem ​ 103,883,405 ​ 3,501,274 ​ 365,316 ​ 15,384,764 Michelle A. O’Hara ​ 103,232,830 ​ 4,147,578 ​ 369,587 ​ 15,384,764 Linda V. Schreiner ​ 101,997,327 ​ 5,40”
Governance Changes

Atlantic Union Bankshares Corp: Removed supermajority voting requirement in Article V related to removal of directors by shareholders and in Article VII related to amendments to articles of incorporation (effective 2026-05-06).

“The Amended and Restated Articles were effective on May 6, 2026.”
Earnings Releases

Atlantic Union Bankshares Corp reported first quarter of 2026 results: net income $119.2 million, EPS $0.84 per diluted share.

“Atlantic Union Bankshares Corporation (the “Company” or “Atlantic Union”) (NYSE: AUB) reported net income available to common shareholders of $119.2 million and both basic and diluted earnings per common share of $0.84, for the first quarter of 2026”

Robert M. Gorman departed as Executive Vice President and Chief Financial Officer at Atlantic Union Bankshares Corp.

“On May 20, 2025, Robert M. Gorman notified Atlantic Union Bankshares Corporation (“Atlantic Union”) of his plan to retire as executive vice president and chief financial officer of Atlantic Union and Atlantic Union Bank, effective on the earlier of the appointment of his successor or March 31, 2026.”
Debt Financings

Atlantic Union Bankshares Corp incurred senior notes of $200,000,000 aggregate principal amount of 3.875% fixed-to-floating rate subordinated notes due March 30, 2032 with not applicable (assumed via merger) at 3.875% fixed-to-floating rate maturing March 30, 2032.

“the Company assumed all of Sandy Spring’s obligations as required by (i) that certain Indenture, dated as of November 5, 2019, as supplemented by that certain First Supplemental Indenture, dated as of November 5, 2019 (collectively, the “2019 Indenture”), with respect to Sandy Spring’s $175,000,000 aggregate principal amount of 4.25% fixed-to-floating rate subordinated notes due November 15, 2029 (the “2029 Notes”) and (ii) that certain Indenture, dated as of March 18, 2022, as supplemented by that certain First Supplemental Indenture, dated as of March 18, 2022 (collectively, the “2022 Indenture”), with respect to Sandy Spring’s $200,000,000 aggregate principal amount of 3.875% fixed-to-floating rate subordinated notes due March 30, 2032 (the “2032 Notes”).”
Debt Financings

Atlantic Union Bankshares Corp incurred senior notes of $175,000,000 aggregate principal amount of 4.25% fixed-to-floating rate subordinated notes due November 15, 2029 with not applicable (assumed via merger) at 4.25% fixed-to-floating rate maturing November 15, 2029.

“the Company assumed all of Sandy Spring’s obligations as required by (i) that certain Indenture, dated as of November 5, 2019, as supplemented by that certain First Supplemental Indenture, dated as of November 5, 2019 (collectively, the “2019 Indenture”), with respect to Sandy Spring’s $175,000,000 aggregate principal amount of 4.25% fixed-to-floating rate subordinated notes due November 15, 2029 (the “2029 Notes”) and (ii) that certain Indenture, dated as of March 18, 2022, as supplemented by that certain First Supplemental Indenture, dated as of March 18, 2022 (collectively, the “2022 Indenture”), with respect to Sandy Spring’s $200,000,000 aggregate principal amount of 3.875% fixed-to-floating rate subordinated notes due March 30, 2032 (the “2032 Notes”).”
M&A Transactions

Atlantic Union Bankshares Corp completed an acquisition involving Sandy Spring Bancorp, Inc. for approximately 42 million shares of Company Common Stock (closed 2025-04-01).

“Merger Agreement, a copy of which is filed hereto as Exhibit 2.1 and incorporated herein by reference. The total aggregate consideration payable in the Merger was approximately 42 million shares of Company Common Stock. The issuance of shares of Company Common Stock in connection with the Merger was registered under the Securities Act of 1933, as amended (the”

Mark C. Micklem was appointed as Director at Atlantic Union Bankshares Corp.

“The three directors of Sandy Spring mutually agreed by the Company and Sandy Spring, each of whom previously served as a member of the board of directors of Sandy Spring immediately prior to the Merger and was appointed by the Board to fill the vacancies resulting from the increase in the size of the Board referred to above, in each case effective as of the Effective Time, are as follows: Daniel J. Schrider, Mona Abutaleb Stephenson and Mark C. Micklem (collectively, the “New Directors”).”

Mona Abutaleb Stephenson was appointed as Director at Atlantic Union Bankshares Corp.

“The three directors of Sandy Spring mutually agreed by the Company and Sandy Spring, each of whom previously served as a member of the board of directors of Sandy Spring immediately prior to the Merger and was appointed by the Board to fill the vacancies resulting from the increase in the size of the Board referred to above, in each case effective as of the Effective Time, are as follows: Daniel J. Schrider, Mona Abutaleb Stephenson and Mark C. Micklem (collectively, the “New Directors”).”

Daniel J. Schrider was appointed as Director at Atlantic Union Bankshares Corp.

“The three directors of Sandy Spring mutually agreed by the Company and Sandy Spring, each of whom previously served as a member of the board of directors of Sandy Spring immediately prior to the Merger and was appointed by the Board to fill the vacancies resulting from the increase in the size of the Board referred to above, in each case effective as of the Effective Time, are as follows: Daniel J. Schrider, Mona Abutaleb Stephenson and Mark C. Micklem (collectively, the “New Directors”).”
Shareholder Votes

Atlantic Union Bankshares Corp shareholders approved Approval of the compensation of our named executive officers (advisory, non-binding Say on Pay resolution) at the 2024-05-07 meeting.

“Proposal 3: Say on Pay ​ The compensation of our named executive officers was approved with the following non-binding votes: ​ Votes For ​ Votes Against ​ Abstain ​ Broker Non-Votes 54,079,128 ​ 3,879,667 ​ 402,868 ​ 8,289,470”
Shareholder Votes

Atlantic Union Bankshares Corp shareholders approved Ratification of Appointment of Ernst & Young LLP as independent registered public accounting firm for 2024 at the 2024-05-07 meeting.

“Proposal 2: Ratification of Appointment of Ernst & Young LLP ​ The appointment of Ernst & Young LLP as our independent registered public accounting firm for 2024 was approved with the following votes: ​ Votes For ​ Votes Against ​ Abstain ​ Broker Non-Votes 65,967,621 ​ 650,811 ​ 32,702 ​ —”
Shareholder Votes

Atlantic Union Bankshares Corp shareholders approved Election of directors to serve a one-year term at the 2024-05-07 meeting.

“Proposal 1: Election of Directors ​ The following directors were elected with the following votes to serve until the 2025 annual meeting of shareholders, or until his or her successor is duly elected and qualified . ​ Nominees ​ Votes For ​ Votes Against ​ Abstain ​ Broker Non-Votes Nancy Howell Agee ​ 57,636,294 ​ 675,014 ​ 50,345 ​ 8,289,470 John C. Asbury ​ 57,619,219 ​ 716,436 ​ 26,010 ​ 8,289,470 Patrick E. Corbin ​ 57,758,402 ​ 507,396 ​ 95,865 ​ 8,289,470 Rilla S. Delorier ​ 57,148,645 ​ 963,537 ​ 249,471 ​ 8,289,470 Frank Russell Ellett ​ 57,159,296 ​ 1,002,753 ​ 199,615 ​ 8,289,470 Paul Engola ​ 57,329,018 ​ 955,427 ​ 77,219 ​ 8,289,470 Donald R. Kimble ​ 57,766,821 ​ 513,540 ​ 81,303 ​ 8,289,470 Patrick J. McCann ​ 54,536,177 ​ 3,698,583 ​ 126,903 ​ 8,289,470 Michelle A. O’Hara ​ 57,152,096 ​ 963,713 ​ 245,855 ​ 8,289,470 Linda V. Schreiner ​ 53,907,994 ​ 4,247,183 ​ 206,487 ​ 8,289,470 Joel R. Shepherd ​ 57,741,134 ​ 503,883”
Earnings Releases

Atlantic Union Bankshares Corp reported the first quarter of 2024 results: net income net income available to common shareholders of $46.8 million, EPS basic and diluted earnings per common share of $0.62.

“Atlantic Union Bankshares Corporation (the "Company") issued a press release announcing its financial results for the first quarter 2024.”
M&A Transactions

Atlantic Union Bankshares Corp completed an acquisition involving American National Bankshares Inc. for approximately $507 million (closed 2024-04-01).

“in lieu of fractional shares. Based on the closing price of Atlantic Union common stock of $35.31 on Thursday, March 28, 2024, the aggregate transaction value was approximately $507 million. “We are excited to have the American National team officially join Atlantic Union Bank,” said John C. Asbury, president and CEO of Atlantic Union. “Together, our banks have more”

Joel R. Shepherd was appointed as director at Atlantic Union Bankshares Corp.

“the Atlantic Union board of directors (the “Board”) increased its size to 16 directors and appointed each of Nancy Howell Agee and Joel R. Shepherd to join the Board, effective as of the Effective Time”

Nancy Howell Agee was appointed as director at Atlantic Union Bankshares Corp.

“the Atlantic Union board of directors (the “Board”) increased its size to 16 directors and appointed each of Nancy Howell Agee and Joel R. Shepherd to join the Board, effective as of the Effective Time”

Thomas G. Snead, Jr. departed as director at Atlantic Union Bankshares Corp.

“On February 12, 2024, Thomas G. Snead, Jr. notified the Boards of Directors of Atlantic Union Bankshares Corporation (the “Company”) and its subsidiary bank, Atlantic Union Bank (the “Bank”), that he will not stand for re-election, and he will retire as a director at the Company’s 2024 annual meeting of shareholders, which is scheduled to be held on May 7, 2024.”
Earnings Releases

Atlantic Union Bankshares Corp reported financial results for fourth quarter and full year 2023.

“On January 23, 2024, Atlantic Union Bankshares Corporation (the “Company”) issued a press release announcing its financial results for the fourth quarter and full year 2023.”

Michelle A. O’Hara was appointed as Director at Atlantic Union Bankshares Corp.

“the Board increased its size to 14 directors and appointed Paul Engola, Donald R. Kimble and Michelle A. O’Hara to fill the newly created seats, effective immediately.”

Donald R. Kimble was appointed as Director at Atlantic Union Bankshares Corp.

“the Board increased its size to 14 directors and appointed Paul Engola, Donald R. Kimble and Michelle A. O’Hara to fill the newly created seats, effective immediately.”

Paul Engola was appointed as Director at Atlantic Union Bankshares Corp.

“the Board increased its size to 14 directors and appointed Paul Engola, Donald R. Kimble and Michelle A. O’Hara to fill the newly created seats, effective immediately.”
Earnings Releases

Atlantic Union Bankshares Corp reported financial results for the third quarter 2023.

“On October 19, 2023, Atlantic Union Bankshares Corporation (the “Company”) issued a press release announcing its financial results for the third quarter 2023.”
Material Agreements

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).

“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.”
Material Agreements

Atlantic Union Bankshares Corp entered into Agreement and Plan of Merger with American National Bankshares Inc. (effective 2023-07-24).

“On July 24, 2023, Atlantic Union Bankshares Corporation (“Atlantic Union”), a Virginia corporation, entered into an Agreement and Plan of Merger (the “Merger Agreement”) with American National Bankshares Inc. (“American National”), a Virginia corporation.”
Earnings Releases

Atlantic Union Bankshares Corp reported financial results for second quarter 2023.

“On July 25, 2023, Atlantic Union Bankshares Corporation (the “Company”) issued a press release announcing its financial results for the second quarter 2023.”

Heather M. Cox resigned as Director at Atlantic Union Bankshares Corp.

“On July 11, 2023, Heather M. Cox notified the Board of Directors of Atlantic Union Bankshares Corporation (the “Company”) of her resignation from the Boards of Directors of the Company and its subsidiary, Atlantic Union Bank (the “Bank”), effective July 13, 2023, due to the time commitment and professional responsibilities associated with her new position as President of Sapphire Digital, a division of Zelis, a healthcare payments company.”
Shareholder Votes

Atlantic Union Bankshares Corp shareholders approved Advisory vote on the frequency of future Say on Pay resolutions at the 2023-05-02 meeting.

“Proposal 4: Say on Frequency ​ The following votes were cast on the frequency of the advisory vote on the compensation of our named executive officers: ​ Every Year ​ Every 2 Years ​ Every 3 Years ​ Abstain ​ Broker Non-Votes 50,402,870 ​ 142,151 ​ 5,739,772 ​ 272,684 ​ 8,283,095”
Shareholder Votes

Atlantic Union Bankshares Corp shareholders approved Advisory vote to approve the compensation of our named executive officers (Say on Pay) at the 2023-05-02 meeting.

“Proposal 3: Say on Pay ​ The compensation of our named executive officers was approved with the following non-binding votes: ​ Votes For ​ Votes Against ​ Abstain ​ Broker Non-Votes 53,745,980 ​ 2,228,595 ​ 584,348 ​ 8,283,095”
Shareholder Votes

Atlantic Union Bankshares Corp shareholders approved Ratification of the appointment of Ernst & Young LLP as our independent registered public accounting firm for 2023 at the 2023-05-02 meeting.

“Proposal 2: Ratification of Appointment of Ernst & Young LLP ​ The appointment of Ernst & Young LLP as our independent registered public accounting firm for 2023 was approved with the following votes: ​ Votes For ​ Votes Against ​ Abstain ​ Broker Non-Votes 64,297,001 ​ 445,026 ​ 99,991 ​ —”
Shareholder Votes

Atlantic Union Bankshares Corp shareholders approved Election of 12 directors to serve a one-year term at the 2023-05-02 meeting.

“Proposal 1: Election of Directors ​ The following directors were elected with the following votes to serve until the 2024 annual meeting of shareholders, or until his or her successor is duly elected and qualified . ​ Nominees ​ Votes For ​ Votes Against ​ Abstain ​ Broker Non-Votes John C. Asbury ​ 55,776,240 ​ 697,577 ​ 85,106 ​ 8,283,095 Patrick E. Corbin ​ 56,023,850 ​ 423,232 ​ 111,841 ​ 8,283,095 Heather M. Cox ​ 55,572,626 ​ 893,575 ​ 92,722 ​ 8,283,095 Rilla S. Delorier ​ 55,713,526 ​ 730,700 ​ 114,697 ​ 8,283,095 Frank Russell Ellett ​ 56,042,263 ​ 433,951 ​ 82,709 ​ 8,283,095 Patrick J. McCann ​ 54,651,620 ​ 1,829,516 ​ 77,787 ​ 8,283,095 Thomas P. Rohman ​ 52,536,044 ​ 3,935,806 ​ 87,074 ​ 8,283,095 Linda V. Schreiner ​ 52,521,048 ​ 3,967,509 ​ 70,366 ​ 8,283,095 Thomas G. Snead, Jr. ​ 49,869,448 ​ 6,620,997 ​ 68,479 ​ 8,283,095 Ronald L. Tillett ​ 52,967,957 ​ 3,536,320 ​ 54,646 ​ 8,283,095 Keith L. Wampler ​ 56,082,359 ​ 412,325 ​ 64,240 ​ 8,283,095 F. Blair Wimbush ​ 55,”
Earnings Releases

Atlantic Union Bankshares Corp reported first quarter of 2023 results: net income $32.7 million, EPS $0.44.

“Atlantic Union Bankshares Corporation (the “Company” or “Atlantic Union”) (NYSE: AUB) reported net income available to common shareholders of $32.7 million and basic and diluted earnings per common share of $0.44 for the first quarter of 2023.”
Earnings Releases

Atlantic Union Bankshares Corp reported financial results for fourth quarter and year ended December 31, 2022.

“On January 24, 2023, Atlantic Union Bankshares Corporation (the “Company”) issued a press release announcing its financial results for the fourth quarter and year ended December 31, 2022.”

Daniel I. Hansen retired as Director at Atlantic Union Bankshares Corp.

“On December 25, 2022, Daniel I. Hansen notified the Board of Directors of Atlantic Union Bankshares Corporation (the “Company”) of his retirement from the Boards of Directors of the Company and its subsidiary, Atlantic Union Bank (the “Bank”), effective December 31, 2022.”

Jan S. Hoover resigned as Director at Atlantic Union Bankshares Corp.

“Separately, on August 18, 2022, Jan S. Hoover notified the Board of her resignation from the Board, effective immediately.”

Heather Cox was appointed as Director at Atlantic Union Bankshares Corp.

“On August 18, 2022, the Board of Directors (the “Board”) of Atlantic Union Bankshares Corporation (the “Company”) appointed Heather Cox, 51, as a director of the Company, effective immediately.”

Rilla Delorier was appointed as director at Atlantic Union Bankshares Corp.

“On June 16, 2022, the Board of Directors of Atlantic Union Bankshares Corporation (the “Company”) appointed Rilla Delorier, 55, as a director of the Company, effective immediately.”

M. Dean Brown departed as Executive Vice President, Head of Enterprise Operations & Chief Information Officer at Atlantic Union Bankshares Corp.

“M. Dean Brown, Executive Vice President, Head of Enterprise Operations & Chief Information Officer of Atlantic Union Bankshares Corporation (the Company), is leaving the Company effective June 30, 2022.”

Alan W. Myers retired as Director at Atlantic Union Bankshares Corp.

“On February 17, 2022, Alan W. Myers notified the Board of Directors of Atlantic Union Bankshares Corporation (the “Company”) of his retirement from the Boards of Directors of the Company and its subsidiary, Atlantic Union Bank (the “Bank”), effective February 21, 2022.”

Maria Tedesco was appointed as Chief Operating Officer at Atlantic Union Bankshares Corp.

“On January 18, 2022, Atlantic Union Bank (the “Bank”) announced that Maria Tedesco, 61, has been appointed Chief Operating Officer (“COO”) of the Bank.”

W. Tayloe Murphy, Jr. resigned as Director at Atlantic Union Bankshares Corp.

“On September 13, 2021, W. Tayloe Murphy, Jr. notified the Board of Directors of Atlantic Union Bankshares Corporation (the “Company”) of his resignation from the Boards of Directors of the Company and its subsidiary, Atlantic Union Bank (the “Bank”), effective immediately, for personal health reasons.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.