# EDGAR Filing Document

**Accession Number:** 0000883948
**File Stem:** 0001415889-23-005238
**Filing Date:** 2023-3
**Character Count:** 11956
**Document Hash:** 9170b2183ec593a365f11b1c0f1d7b62
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001415889-23-005238.hdr.sgml**: 20230320

**ACCESSION NUMBER**: 0001415889-23-005238

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20190415

**FILED AS OF DATE**: 20230320

**DATE AS OF CHANGE**: 20230320

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Corbin Patrick E.
- **CENTRAL INDEX KEY:** 0001464681

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39325
- **FILM NUMBER:** 23747377

**MAIL ADDRESS:**
- **STREET 1:** 999 WATERSIDE DR., STE. 200
- **CITY:** NORFOLK
- **STATE:** VA
- **ZIP:** 23510
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Atlantic Union Bankshares Corp
- **CENTRAL INDEX KEY:** 0000883948
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **IRS NUMBER:** 540412820
- **STATE OF INCORPORATION:** VA
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 1051 EAST CARY STREET
- **STREET 2:** SUITE 1200
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23219
- **BUSINESS PHONE:** 800-990-4828

**MAIL ADDRESS:**
- **STREET 1:** 1051 EAST CARY STREET
- **STREET 2:** SUITE 1200
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23219

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Union Bankshares Corp
- **DATE OF NAME CHANGE:** 20140430

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** UNION FIRST MARKET BANKSHARES CORP
- **DATE OF NAME CHANGE:** 20140424

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Union Bankshares Corp
- **DATE OF NAME CHANGE:** 20140424

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Corbin Patrick E.<br><sub>(Last) (First) (Middle)</sub><br>C/O ATLANTIC UNION BANKSHARES CORP<br>1051 E. CARY STREET, STE 1200<br><sub>(Street)</sub><br>RICHMOND, VA 23219<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2019-04-15 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Atlantic Union Bankshares Corp [ AUB ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Phantom Stock | <sup>(1)</sup> | 2019-04-15 |  | A |  | 309.5 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 309.5 | $34.7334 | 11062.442<sup>(2)</sup> | I | By Trustee of Non-Qualified Plan (deferred comp) |
| Phantom Stock | <sup>(1)</sup> | 2019-07-12 |  | A |  | 537.09 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 537.09 | $35.5303 | 11599.532 | I | By Trustee of Non-Qualified Plan (deferred comp) |
| Phantom Stock | <sup>(1)</sup> | 2019-09-04 |  | A |  | 27 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 27 | $37.037 | 11626.532 | I | By Trustee of Non-Qualified Plan (deferred comp) |
| Phantom Stock | <sup>(1)</sup> | 2019-09-12 |  | A |  | 26 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 26 | $38.461 | 11652.532 | I | By Trustee of Non-Qualified Plan (deferred comp) |
| Phantom Stock | <sup>(1)</sup> | 2019-10-03 |  | A |  | 428.289 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 428.289 | $36.7741 | 12080.821 | I | By Trustee of Non-Qualified Plan (deferred comp) |
| Phantom Stock | <sup>(1)</sup> | 2020-01-06 |  | A |  | 420.224 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 420.224 | $37.57 | 12501.045 | I | By Trustee of Non-Qualified Plan (deferred comp) |
| Phantom Stock | <sup>(1)</sup> | 2020-04-03 |  | A |  | 793.051 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 793.051 | $19.86 | 13294.096 | I | By Trustee of Non-Qualified Plan (deferred comp) |
| Phantom Stock | <sup>(1)</sup> | 2020-05-22 |  | A |  | 47.103 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 47.103 | $21.23 | 13341.199 | I | By Trustee of Non-Qualified Plan (deferred comp) |
| Phantom Stock | <sup>(1)</sup> | 2020-07-07 |  | A |  | 825.753 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 825.753 | $20.89 | 14166.952 | I | By Trustee of Non-Qualified Plan (deferred comp) |
| Phantom Stock | <sup>(1)</sup> | 2020-10-05 |  | A |  | 660.101 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 660.101 | $23.86 | 14827.053 | I | By Trustee of Non-Qualified Plan (deferred comp) |
| Phantom Stock | <sup>(1)</sup> | 2021-01-06 |  | A |  | 432.93 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 432.93 | $36.38 | 15259.983 | I | By Trustee of Non-Qualified Plan (deferred comp) |
| Phantom Stock | <sup>(1)</sup> | 2021-03-03 |  | A |  | 26.302 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 26.302 | $38.02 | 15286.285 | I | By Trustee of Non-Qualified Plan (deferred comp) |
| Phantom Stock | <sup>(1)</sup> | 2021-04-06 |  | A |  | 409.943 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 409.943 | $38.42 | 15696.228 | I | By Trustee of Non-Qualified Plan (deferred comp) |
| Phantom Stock | <sup>(1)</sup> | 2021-07-06 |  | A |  | 445.797 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 445.797 | $35.33 | 16142.025 | I | By Trustee of Non-Qualified Plan (deferred comp) |
| Phantom Stock | <sup>(1)</sup> | 2021-08-25 |  | A |  | 13.305 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 13.305 | $37.58 | 16155.33 | I | By Trustee of Non-Qualified Plan (deferred comp) |
| Phantom Stock | <sup>(1)</sup> | 2021-09-17 |  | A |  | 14.641 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 14.641 | $34.15 | 16169.971 | I | By Trustee of Non-Qualified Plan (deferred comp) |
| Phantom Stock | <sup>(1)</sup> | 2021-10-01 |  | A |  | 519.317 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 519.317 | $37.79 | 16689.288 | I | By Trustee of Non-Qualified Plan (deferred comp) |
| Phantom Stock | <sup>(1)</sup> | 2021-12-27 |  | A |  | 26.281 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 26.281 | $38.05 | 16715.569 | I | By Trustee of Non-Qualified Plan (deferred comp) |
| Phantom Stock | <sup>(1)</sup> | 2022-01-11 |  | A |  | 202.197 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 202.197 | $41.42 | 16917.766 | I | By Trustee of Non-Qualified Plan (deferred comp) |
| Phantom Stock | <sup>(1)</sup> | 2022-04-06 |  | A |  | 235.385 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 235.385 | $35.58 | 17153.151 | I | By Trustee of Non-Qualified Plan (deferred comp) |
| Phantom Stock | <sup>(1)</sup> | 2022-06-16 |  | A |  | 31.636 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 31.636 | $31.61 | 17184.787 | I | By Trustee of Non-Qualified Plan (deferred comp) |
| Phantom Stock | <sup>(1)</sup> | 2022-07-06 |  | A |  | 341.64 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 341.64 | $34.27 | 17526.427 | I | By Trustee of Non-Qualified Plan (deferred comp) |
| Phantom Stock | <sup>(1)</sup> | 2022-10-04 |  | A |  | 319.231 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 319.231 | $32.50 | 17845.658 | I | By Trustee of Non-Qualified Plan (deferred comp) |
| Phantom Stock | <sup>(1)</sup> | 2023-01-13 |  | A |  | 282.62 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 282.62 | $36.71 | 19552.97<sup>(3)</sup> | I | By Trustee of Non-Qualified Plan (deferred comp) |

---

### Footnotes:

(1) Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service as a director; provided, that for years in which the reporting person elected to receive distributions under the Company's non-qualified deferred compensation plan in installments, such amounts are payable only in cash.

(2) Includes 9,637 shares previously reported by the reporting person in Table I as common stock indirectly held by Trustee of Non-Qualified Plan (deferred comp).  Such number of shares are phantom stock received under the Company's non-qualified deferred compensation plan that may be settled in cash, were inadvertently reported in Table I instead of Table II, and will no longer be reported by the reporting person as common stock in Table I.    Also includes 1,115.942 shares of phantom stock that were acquired pursuant to voluntary deferrals of cash compensation prior to 2019 that had not been previously reported.

(3) Includes 1,424.692 additional shares acquired pursuant to dividend reinvestments since 2018 pursuant to the Company's non-qualified deferred compensation plan.

**Signature:** /s/ Rachael R. Lape, Attorney-in-Fact  
**Date:** 2023-03-20

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**