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, including acquisitions of phantom stock and holdings through indirect ownership.
Summary
- On April 5, 2024, Director Winter P Clinton reported changes in beneficial ownership of United Bankshares Inc/WV (UBSI).
- The report includes the acquisition of 493 shares of phantom stock at a price of $34.21.
- Clinton directly owns 455,166 shares of common stock.
- Clinton indirectly owns 36,800 shares through Bray & Oakley Insurance and 1,000 shares through a spouse.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which doesn't inherently convey positive or negative sentiment. It's a neutral disclosure.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It allows investors to monitor the actions of those with privileged information.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of a company director.
Key Dates
| Date | Description |
|---|---|
| 04/05/2024 | Date of the earliest transaction and filing date. |
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