Form 4: Director Charles L. Capito Jr. Acquires Shares of United Bankshares Inc/WV

Charles L. Capito Jr., a director of United Bankshares Inc/WV, acquired 1,904 shares of common stock on February 20, 2025, through a restricted stock grant.

Summary

• On February 20, 2025, Charles L. Capito Jr., a director of United Bankshares Inc/WV, acquired 1,904 shares of common stock.
• The acquisition was a result of a restricted stock grant.
• The shares were acquired at a price of $0.00 per share.
• Following the transaction, Mr. Capito directly owns 12,574 shares of common stock.
• Mr. Capito's wife indirectly owns 66 shares of common stock.
• The restricted stock award vests in three equal annual installments.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. A director increasing their stake in the company is generally a good sign, but it's a routine transaction related to compensation.

Positives

• The acquisition of shares by a director signals confidence in the company's future.

Future Outlook

The restricted stock award vests in three equal annual installments, suggesting a multi-year commitment by the director.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a director's increased stake in the company, which is generally viewed positively.

Key Dates

Keywords

Form 4, Beneficial Ownership, Director, UBSI, United Bankshares Inc/WV, Stock Acquisition, Restricted Stock