Form 4: UBSI Executive Reports Stock Vesting and Sales

An Executive Vice-President of United Bankshares Inc. reported recent acquisitions and dispositions of common stock, including the vesting of performance-based restricted stock units.

Summary

• Darren K. Williams, Executive Vice-President of United Bankshares Inc. (UBSI), reported several transactions involving the company's common stock.
• On February 23, 2026, 4,252 shares of common stock were acquired due to the vesting of performance-based restricted stock units (RSUs) granted in February 2023, which settled upon achievement of performance goals.
• The acquisition of these shares had a reported price of $0.0000, reflecting the vesting of previously granted equity awards.
• Dispositions of common stock occurred on February 22, 2026 (841 shares) and February 23, 2026 (612 shares and 2,050 shares), totaling 3,503 shares.
• These dispositions were made at a price of $44.28 per share, likely for tax withholding purposes related to the RSU vesting.
• Following these transactions, Mr. Williams directly holds 45,654 shares of common stock, 2,208 shares in a Direct IRA, and indirectly holds 5,084.7381 shares via a 401k, totaling 52,946.7381 shares.
• The filing also details various stock options beneficially owned by Mr. Williams, with exercise prices ranging from $32.51 to $45.30 and expiration dates extending to February 2030.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The transactions represent routine executive compensation activities, specifically the vesting of performance-based awards and subsequent tax-related sales, which do not typically signal a change in company fundamentals or future prospects.

Positives

• The vesting of 4,252 performance-based restricted stock units indicates that the company achieved specific performance goals set in February 2023, reflecting positively on operational execution.

Negatives

• The disposition of 3,503 shares of common stock, likely for tax withholding, reduces the executive's direct ownership in the company.

Stakeholder Impact

• Shareholders: Provides transparency into executive compensation and ownership changes, confirming the achievement of performance targets for RSU vesting.
• Executive (Darren K. Williams): Increases personal equity holdings through RSU vesting, while also managing tax obligations through share dispositions.

Key Dates

Recommendation

This Form 4 filing details routine insider transactions related to executive compensation, specifically the vesting of performance-based restricted stock units and subsequent sales for tax withholding. Such transactions are generally pre-scheduled and do not typically indicate a change in the company's operational performance, strategic direction, or the executive's confidence in the company's future. Therefore, a seasoned investor would likely maintain their current position based solely on this filing.

Keywords

United Bankshares, UBSI, Form 4, Insider Transaction, Restricted Stock Units, Stock Options, Executive Compensation, Equity Vesting