Form 4: Director Nesselroad Increases Stake in United Bankshares Inc/WV (UBSI) Through Stock Grant

Director Mark R. Nesselroad acquired 1,904 shares of United Bankshares Inc/WV (UBSI) common stock through a restricted stock grant, increasing his direct and indirect holdings.

Summary

• On February 20, 2025, Mark R. Nesselroad, a director of United Bankshares Inc/WV (UBSI), 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, Nesselroad directly owns 16,045 shares and indirectly owns 18,358 shares through a corporation and 35,424 shares through a spouse.
• The restricted stock award vests in three equal annual installments.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a stock grant, which is neither overtly positive nor negative.

Positives

• The director's increased stake could be interpreted as a positive signal about the company's future prospects.

Future Outlook

The restricted stock award vests in three equal annual installments, suggesting a continued alignment of the director's interests with the company's performance over the next three years.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company insiders, which can be informative for investors.

Stakeholder Impact

• The increased stake of a director may be viewed positively by shareholders.

Key Dates

Keywords

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