Form 4: Director Winter P Clinton Reports Changes in Beneficial Ownership of United Bankshares Inc/WV (UBSI)
SEC Form 4 Filing
Director Winter P Clinton filed a Form 4 detailing changes in beneficial ownership of United Bankshares Inc/WV (UBSI) common stock and phantom stock.
Summary
- On July 5, 2024, Director Winter P Clinton reported changes in beneficial ownership of United Bankshares Inc/WV (UBSI) securities.
- The report includes transactions related to common stock and phantom stock.
- Clinton directly owns 455,166 shares of common stock.
- Clinton indirectly owns 36,800 shares of common stock through Bray & Oakley Insurance and 1,000 shares through a spouse.
- Clinton also owns 47,576 shares of phantom stock.
- 545 shares of phantom stock were acquired at a price of $32.0825.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common practice in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of key individuals within the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the holdings of a key company director.
Key Dates
| Date | Description |
|---|---|
| 07/05/2024 | Date of the reported transaction. |
| 07/08/2024 | Date of signature on the report. |
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