AUB Atlantic Union Bankshares Corp

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 3/4 quarters. Q3 2023: $0M, Q2 2023: $23M, Q1 2023: $25M, Q3 2022: $83M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $0M vs trailing avg $44M (-100%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Buyback $131M / FCF $230M = 57% of FCF

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 5,200,000 shares = 3.7% of 141,776,886 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

6 open-market purchases by 3 insiders

• AGEE NANCY H () bought 650 shares at $39.05 on 2026-04-20
• Ellett Frank Russell () bought 1,441 shares at $31.49 on 2025-08-08
• Ellett Frank Russell () bought 5,000 shares at $31.54 on 2025-08-07
• Ellett Frank Russell () bought 5,000 shares at $31.79 on 2025-08-06
• Ellett Frank Russell () bought 5,000 shares at $31.32 on 2025-08-05
• Asbury John C (PRESIDENT AND CEO) bought 7,500 shares at $32.91 on 2025-07-28

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Company buybacks in 3 quarters and 6 insider purchases by 3 insiders (no calendar overlap, but both independently active)

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $0M in the last 90 days (net buying)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

No buyback-insider divergence detected