Form 4: UBSI EVP Gurtis Disposes Shares for Tax Liability
Insider Transaction Report
United Bankshares Executive Vice President Julie R. Gurtis reported the disposition of 1,093 shares of common stock on February 20, 2026, at $44.07 per share, likely for tax purposes.
Summary
- Executive Vice President Julie R. Gurtis reported the disposition of 1,093 shares of United Bankshares Inc. common stock.
- The transaction occurred on February 20, 2026, at a price of $44.07 per share.
- This disposition is marked with transaction code "F," indicating it was for the payment of exercise price or tax liability related to equity compensation.
- The transaction was made pursuant to a Rule 10b5-1 pre-arranged trading plan.
- Following this transaction, Ms. Gurtis directly owns 28,328 shares of common stock.
- Indirect holdings include 13,733.292 shares in a 401k, 900 shares by spouse as Power of Attorney for a family member, and 1,364 shares by spouse's IRA.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, representing a routine, pre-planned insider transaction for tax purposes, which does not reflect a change in the executive's overall confidence in the company.
Industry Context
StockSavvy.ai notes that routine insider transactions, especially those under Rule 10b5-1 plans and for tax withholding, are common across the financial services industry and typically do not indicate a shift in company performance or executive sentiment.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, pre-planned transaction for tax purposes and does not reflect a change in the company's operational or financial outlook.
Key Dates
| Date | Description |
|---|---|
| 02/27/2017 | Grant date for stock options with an exercise price of $45.30, expiring 02/27/2027. |
| 02/26/2018 | Grant date for stock options with an exercise price of $37.60, expiring 02/26/2028. |
| 02/25/2019 | Grant date for stock options with an exercise price of $38.49, expiring 02/25/2029. |
| 02/24/2020 | Grant date for stock options with an exercise price of $32.51, expiring 02/24/2030. |
| 02/20/2026 | Transaction date for the disposition of 1,093 shares of common stock. |
| 02/24/2026 | Signature date of the reporting person for the Form 4 filing. |
Recommendation
holdThis Form 4 reports a pre-planned disposition of a relatively small number of shares by an executive, likely for tax purposes, under a Rule 10b5-1 plan. Such routine transactions typically do not signal a change in the company's fundamentals or the executive's long-term outlook, thus not warranting a change in investment recommendation.
Keywords
United Bankshares, UBSI, Insider Transaction, Form 4, Stock Disposition, Executive Compensation, Rule 10b5-1, Financial Services
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