State Street Corporation filed a Schedule 13G with the SEC on November 9, 2026, disclosing a beneficial ownership position of 7,048,441 shares of Atlantic Union Bankshares Corp common stock, representing 4.9% of the class, based on a triggering event dated September 30, 2026.

Key Highlights

  • Beneficial ownership: State Street Corporation reported aggregate beneficial ownership of 7,048,441 shares of Atlantic Union Bankshares Corp common stock.
  • Percent of class: The 7,048,441 shares represent 4.9% of the outstanding class, according to the filing.
  • Shared dispositive power: State Street reported shared power to dispose of all 7,048,441 shares, with zero sole dispositive power.
  • Shared voting power: The filing disclosed shared voting power over 1,121,225 shares, with zero sole voting power.
  • Triggering date: The event requiring the filing occurred on September 30, 2026.
  • Filing subsidiaries: The position was acquired through subsidiaries including SSGA Funds Management, Inc., State Street Global Advisors Europe Limited, State Street Global Advisors Limited, State Street Global Advisors Singapore Limited, State Street Global Advisors Trust Company, and State Street Global Advisors, Ltd., each classified as an investment adviser (IA).

State Street's Schedule 13G Position in Atlantic Union Bankshares

State Street Corporation, a holding company organized in Massachusetts and headquartered at One Congress Street, Suite 1, Boston, MA 02114, disclosed beneficial ownership of 7,048,441 shares of common stock in Atlantic Union Bankshares Corp (NYSE:AUB) via a Schedule 13G filed November 9, 2026. The issuer, Atlantic Union Bankshares Corp, is headquartered at 1051 East Cary Street, Suite 1200, Richmond, Virginia 23219, according to the filing.

The filing classifies State Street Corporation as a parent holding company or control person under Rule 13d-1(b)(1)(ii)(G). The shares were held through six identified subsidiaries, all classified as investment advisers: SSGA Funds Management, Inc.; State Street Global Advisors Europe Limited; State Street Global Advisors Limited; State Street Global Advisors Singapore Limited; State Street Global Advisors Trust Company; and State Street Global Advisors, Ltd. The filing noted that State Street holds shared dispositive power over the full 7,048,441 shares, while shared voting power covers only 1,121,225 of those shares. Sole voting and sole dispositive power are each reported as zero.

The filing states that Item 5, "Ownership of 5 Percent or Less of a Class," applies, consistent with the reported 4.9% figure. State Street's certifying officer, Senior Vice President Alok Maheshwary, affirmed that the securities "were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer."

What Was Disclosed

State Street Corporation filed a Schedule 13G disclosing beneficial ownership of 7,048,441 shares, or 4.9%, of Atlantic Union Bankshares Corp common stock (CUSIP 04911A107) as of September 30, 2026, held through six investment adviser subsidiaries with shared dispositive power over all reported shares.