Form 4: UBSI EVP Shaver Reports Future Tax-Related Share Disposition

Executive Vice President Ami L. Shaver reported a planned disposition of 368 shares of United Bankshares common stock for tax liability purposes, effective February 20, 2026.

Summary

• Ami L. Shaver, Executive Vice President of UNITED BANKSHARES INC/WV (UBSI), filed a Form 4 reporting a planned transaction.
• The transaction involves the disposition of 368 shares of Common Stock on February 20, 2026, at a price of $44.07 per share.
• The transaction code 'F' indicates this disposition is for the payment of exercise price or tax liability incident to the receipt, exercise, or vesting of a security.
• Following this planned transaction, Ami L. Shaver will directly beneficially own 15,964.4639 shares of Common Stock.
• Additionally, 9,538.7941 shares are indirectly beneficially owned through a 401k.
• Shaver also holds several stock options: 906 options at $32.51 (exp. 02/24/2030), 2,000 options at $37.60 (exp. 02/26/2028), 2,000 options at $38.49 (exp. 02/25/2029), and 2,000 options at $45.30 (exp. 02/27/2027).

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a routine, non-discretionary planned future transaction for tax purposes, which typically does not signal a change in the executive's confidence in the company.

Positives

• The disposition is for tax liability purposes (transaction code 'F'), which is a non-discretionary event and generally not indicative of a lack of confidence in the company's future performance.
• The executive retains a substantial direct and indirect beneficial ownership of common stock and significant stock options, indicating continued alignment with shareholder interests.

Negatives

• The planned transaction will result in a slight reduction of the executive's direct beneficial ownership of common stock.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that planned future dispositions for tax purposes are common for executives receiving equity compensation and are generally not indicative of a change in management's outlook on the company's future performance, unlike open market sales. The reporting of a future transaction, while less common than reporting past events, indicates transparency regarding planned equity management.

Stakeholder Impact

• Shareholders may view this as a routine administrative transaction, with minimal impact on their perception of the company's value or the executive's commitment.
• The executive's overall equity holdings remain substantial, maintaining alignment with shareholder interests.

Key Dates

Recommendation

This Form 4 reports a planned, routine, non-discretionary disposition of shares for tax purposes by an executive, scheduled for a future date. It does not provide new information about the company's operational performance or strategic direction that would warrant a change in investment thesis. The executive retains substantial direct and indirect holdings, including significant stock options.

Keywords

UNITED BANKSHARES, UBSI, Form 4, Insider Transaction, Stock Disposition, Executive Vice President, Ami L. Shaver, Tax Withholding, Future Transaction, Planned Disposition