Form 4: UBSI Exec Schultheis Reports Restricted Stock Grant
Insider Transaction Report
United Bankshares Executive Vice President Anna J. Schultheis reported the acquisition of 1,929 shares of common stock through a restricted stock award.
Summary
- Anna J. Schultheis, Executive Vice President of United Bankshares Inc./WV (UBSI), acquired 1,929 shares of common stock on February 19, 2026, at a price of $0.0000 per share.
- The acquired shares are part of a restricted stock award that vests in three equal annual installments.
- Following this transaction, Ms. Schultheis directly beneficially owns 12,574.5687 shares of common stock.
- Indirect beneficial ownership includes 13,199.9533 shares through the UBSI 401K plan and 1,228.951 shares indirectly by her spouse.
- The 401K holdings reflect additional shares acquired since the last reporting person's 401K ownership report.
- Ms. Schultheis also holds several stock options directly, including 793 options with an exercise price of $32.51 expiring on February 24, 2030, 1,750 options at $37.6 expiring on February 26, 2028, 1,750 options at $38.49 expiring on February 25, 2029, and 1,750 options at $45.3 expiring on February 27, 2027.
Sentiment
Score: 7
Explanation: StockSavvy.ai views this as a moderately positive development, as it represents a standard executive compensation practice that enhances management's alignment with shareholder interests through increased equity ownership.
Positives
- The grant of restricted stock awards aligns the Executive Vice President's interests with those of shareholders, as the value of the award is tied to the company's stock performance.
- Increased direct beneficial ownership by a key executive can signal confidence in the company's future prospects.
Future Outlook
The restricted stock award will vest in three equal annual installments, indicating future increases in the executive's vested ownership over time.
Industry Context
StockSavvy.ai notes that restricted stock awards are a common component of executive compensation packages in the banking and financial services industry, designed to incentivize long-term performance and retain key talent. This filing reflects a standard practice for aligning executive interests with shareholder value creation.
Stakeholder Impact
- Shareholders: The restricted stock grant increases the Executive Vice President's equity stake, potentially strengthening management's commitment to long-term company performance and shareholder value.
Next Steps
- The restricted stock award will vest in three equal annual installments, leading to future increases in the executive's vested share count.
Key Dates
| Date | Description |
|---|---|
| 02/27/2017 | Grant date for stock options with an exercise price of $45.3 |
| 02/26/2018 | Grant date for stock options with an exercise price of $37.6 |
| 02/25/2019 | Grant date for stock options with an exercise price of $38.49 |
| 02/24/2020 | Grant date for stock options with an exercise price of $32.51 |
| 02/19/2026 | Date of acquisition of 1,929 shares of common stock via restricted stock award |
| 02/20/2026 | Signature date of the reporting person |
| 02/27/2027 | Expiration date for stock options granted on 02/27/2017 |
| 02/26/2028 | Expiration date for stock options granted on 02/26/2018 |
| 02/25/2029 | Expiration date for stock options granted on 02/25/2019 |
| 02/24/2030 | Expiration date for stock options granted on 02/24/2020 |
Keywords
United Bankshares, UBSI, Form 4, Insider Transaction, Restricted Stock Award, Executive Compensation, Stock Options, Beneficial Ownership
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