Form 4: UBSI EVP Kayes Reports Routine Stock Disposition
Insider Transaction Report
United Bankshares EVP Henry M. Kayes Jr. reported a disposition of 919 common shares for tax purposes at $44.07 per share.
Summary
- Henry M. Kayes Jr., Executive Vice President of United Bankshares Inc./WV (UBSI), reported a transaction involving common stock.
- On February 20, 2026, Mr. Kayes disposed of 919 shares of common stock at a price of $44.07 per share.
- This transaction was coded 'F', indicating payment of tax liability by delivering or withholding securities incident to the vesting of a restricted stock award or the exercise of a stock option.
- Following this transaction, Mr. Kayes directly beneficially owns 38,729.636 shares of common stock.
- Indirect beneficial ownership includes 3,145.439 shares via a 401k, 788 shares by immediate family, and 206.022 shares by his wife's IRA.
- Mr. Kayes also holds several stock options with various exercise prices and expiration dates, totaling 10,689 derivative securities, which remain unchanged by this filing.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine, non-discretionary transaction for tax purposes related to executive compensation, with no direct implications for the company's operational or financial performance.
Positives
- The transaction is a routine disposition for tax purposes, indicating a standard compensation event rather than a discretionary sale.
Negatives
- No specific negative financial or operational information was disclosed in this Form 4 filing.
Risks
- No specific risks related to the company's operations or financial health were disclosed in this Form 4 filing.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
StockSavvy.ai notes that routine insider transactions, such as dispositions for tax purposes, are common occurrences in the financial industry and typically do not signal significant shifts in company strategy or performance. These filings provide transparency into executive compensation practices.
Stakeholder Impact
- Shareholders: Minimal direct impact, as it's a routine tax-related transaction by an executive, not a discretionary sale indicating a change in confidence.
- Employees: No direct impact mentioned.
Key Dates
| Date | Description |
|---|---|
| 02/27/2017 | Date exercisable for stock options with an exercise price of $45.30, expiring 02/27/2027. |
| 02/26/2018 | Date exercisable for stock options with an exercise price of $37.60, expiring 02/26/2028. |
| 02/25/2019 | Date exercisable for stock options with an exercise price of $38.49, expiring 02/25/2029. |
| 02/24/2020 | Date exercisable for stock options with an exercise price of $32.51, expiring 02/24/2030. |
| 02/20/2026 | Date of common stock disposition by Henry M. Kayes Jr. for tax purposes. |
| 02/24/2026 | Signature date of the reporting person. |
| 02/27/2027 | Expiration date for stock options with an exercise price of $45.30. |
| 02/26/2028 | Expiration date for stock options with an exercise price of $37.60. |
| 02/25/2029 | Expiration date for stock options with an exercise price of $38.49. |
| 02/24/2030 | Expiration date for stock options with an exercise price of $32.51. |
Keywords
United Bankshares, UBSI, Insider Trading, Form 4, Stock Disposition, Executive Compensation, Henry M. Kayes Jr., Common Stock
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