Form 4: UBSI EVP Draber's Stock Vesting & Tax Sales
Insider Transaction Report
United Bankshares Executive Vice President Ross M. Draber reported the vesting of performance-based restricted stock units and subsequent tax-related share dispositions.
Summary
- Ross M. Draber, Executive Vice President of United Bankshares Inc./WV (UBSI), reported transactions involving company common stock.
- On February 23, 2026, Draber acquired 3,700 shares of common stock at a price of $0.00 per share.
- These shares resulted from the vesting of performance-based restricted stock units granted in February 2023, which achieved their performance goals in February 2026.
- Draber also disposed of a total of 3,080 shares (748 shares on February 22, 2026, and 532 shares and 1,800 shares on February 23, 2026) at a price of $44.28 per share. These dispositions are typically for tax withholding purposes related to the vesting of equity awards.
- Following these transactions, Draber directly beneficially owns 28,871.942 shares of common stock and indirectly owns 5,555.2833 shares through a 401k.
- Draber also holds several stock options, including 1,453 options at $32.51, 3,000 options at $37.6, 3,200 options at $38.49, and 2,500 options at $45.3.
Sentiment
Score: 7
Explanation: StockSavvy.ai views this filing positively as it indicates the achievement of performance goals for executive compensation, aligning management interests with shareholders. The share dispositions are standard for tax purposes.
Positives
- Vesting of 3,700 performance-based restricted stock units indicates the achievement of company performance goals set in February 2023.
- The acquisition of shares at $0.00 signifies a direct increase in the executive's equity stake in the company, aligning interests with shareholders.
Negatives
- Disposition of 3,080 shares at $44.28, likely for tax withholding, reduces the executive's direct beneficial ownership.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that insider transactions, such as the vesting of restricted stock units and subsequent tax-related sales, are common occurrences in the financial services industry. These events reflect standard executive compensation practices and do not typically indicate a shift in broader industry trends or competitive landscape, but rather the execution of pre-established equity plans.
Stakeholder Impact
- Shareholders: The vesting of performance-based units suggests the company met certain performance targets, which is generally positive for shareholders. The executive's increased direct ownership (net of tax sales) further aligns interests.
- Management: Ross M. Draber's compensation plan is being executed as intended, reflecting successful performance.
Key Dates
| Date | Description |
|---|---|
| 02/27/2017 | Date exercisable for 2,500 stock options at $45.3. |
| 02/26/2018 | Date exercisable for 3,000 stock options at $37.6. |
| 02/25/2019 | Date exercisable for 3,200 stock options at $38.49. |
| 02/24/2020 | Date exercisable for 1,453 stock options at $32.51. |
| February 2023 | Grant date of performance-based restricted stock units. |
| 02/27/2027 | Expiration date for 2,500 stock options at $45.3. |
| 02/26/2028 | Expiration date for 3,000 stock options at $37.6. |
| 02/25/2029 | Expiration date for 3,200 stock options at $38.49. |
| 02/24/2030 | Expiration date for 1,453 stock options at $32.51. |
| 02/22/2026 | Transaction date for disposition of 748 shares of common stock. |
| 02/23/2026 | Transaction date for acquisition of 3,700 shares of common stock and disposition of 532 and 1,800 shares of common stock. |
| February 2026 | Vesting date of performance-based restricted stock units. |
| 02/25/2026 | Signature date of the reporting person's representative. |
Recommendation
holdThis Form 4 filing details routine insider transactions related to executive compensation, specifically the vesting of performance-based restricted stock units and subsequent tax-related share sales. While the vesting indicates the achievement of company performance goals, which is a positive signal, the transactions themselves are standard and do not provide new fundamental information to warrant a change in investment thesis. Therefore, a 'hold' recommendation is appropriate, maintaining current positions based on broader company fundamentals rather than this specific insider activity.
Keywords
United Bankshares, UBSI, Ross M. Draber, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Executive Compensation, Stock Options, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.