Form 4: UBSI EVP Sells Shares, Updates Holdings
Insider Transaction Report
United Bankshares Executive Vice President Ami L. Shaver reported the sale of 679 shares of common stock and updated her beneficial ownership.
Summary
- Ami L. Shaver, Executive Vice President of United Bankshares Inc./WV (UBSI), reported transactions involving company common stock.
- Shaver disposed of 369 shares of common stock on February 22, 2026, at a price of $44.28 per share.
- An additional 310 shares of common stock were disposed of on February 23, 2026, also at $44.28 per share.
- Following these transactions, Shaver directly owns 15,285.4639 shares of common stock.
- Shaver also indirectly owns 9,538.7941 shares of common stock through a 401k plan.
- The filing details existing direct beneficial ownership of stock options for 906 shares (exercise price $32.51), 2,000 shares ($37.60), 2,000 shares ($38.49), and 2,000 shares ($45.30).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, typical for executive compensation and tax planning, with no direct positive or negative implications for the company's operational performance or strategic direction.
Positives
- The filing demonstrates compliance with SEC regulations for insider transaction reporting, enhancing transparency for investors.
Negatives
- Executive Vice President Ami L. Shaver disposed of a total of 679 shares of common stock, which, while likely for tax purposes, represents a reduction in direct insider ownership.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, common across all publicly traded companies, and provide transparency into executive stock ownership changes. This specific filing reflects routine share dispositions, likely for tax purposes (indicated by transaction code 'F'), rather than a strategic move.
Stakeholder Impact
- Shareholders: Provides transparency regarding executive stock ownership and transactions.
- Employees: No direct impact mentioned.
- Customers: No direct impact mentioned.
- Suppliers: No direct impact mentioned.
- Creditors: No direct impact mentioned.
Key Dates
| Date | Description |
|---|---|
| 02/27/2017 | Stock option exercisable date for 2,000 shares at $45.30. |
| 02/26/2018 | Stock option exercisable date for 2,000 shares at $37.60. |
| 02/25/2019 | Stock option exercisable date for 2,000 shares at $38.49. |
| 02/24/2020 | Stock option exercisable date for 906 shares at $32.51. |
| 02/22/2026 | Transaction date for the disposition of 369 shares of common stock. |
| 02/23/2026 | Transaction date for the disposition of 310 shares of common stock. |
| 02/25/2026 | Signature date of the reporting person. |
| 02/27/2027 | Expiration date for 2,000 stock options at $45.30. |
| 02/26/2028 | Expiration date for 2,000 stock options at $37.60. |
| 02/25/2029 | Expiration date for 2,000 stock options at $38.49. |
| 02/24/2030 | Expiration date for 906 stock options at $32.51. |
Recommendation
holdThe filing details a routine insider transaction, likely for tax purposes, and does not provide new information that would alter the fundamental investment thesis for United Bankshares Inc./WV. Therefore, a 'hold' recommendation is maintained.
Keywords
United Bankshares, UBSI, Insider Trading, Form 4, Stock Sale, Executive Compensation, Ami L. Shaver, Common Stock, Stock Options
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