Form 4: UBSI Executive Sells Shares for Tax Obligations
Insider Transaction Report
An Executive Vice President at United Bankshares Inc. disposed of common stock to cover tax withholding obligations.
Summary
- Anna J. Schultheis, Executive Vice President of United Bankshares Inc. (UBSI), reported changes in her beneficial ownership of common stock.
- On February 22, 2026, 354 shares of common stock were disposed of at a price of $44.28 per share.
- On February 23, 2026, an additional 218 shares of common stock were disposed of at a price of $44.28 per share.
- These disposals were made to satisfy tax withholding obligations, indicated by transaction code 'F'.
- Following these transactions, Ms. Schultheis directly beneficially owns 11,649.5687 shares of common stock.
- Indirect beneficial ownership includes 13,199.9533 shares through a 401k plan and 1,228.951 shares indirectly by her spouse.
- Ms. Schultheis also holds several stock options: 793 options at $32.51 (exercisable 02/24/2020, expires 02/24/2030), 1,750 options at $37.60 (exercisable 02/26/2018, expires 02/26/2028), 1,750 options at $38.49 (exercisable 02/25/2019, expires 02/25/2029), and 1,750 options at $45.30 (exercisable 02/27/2017, expires 02/27/2027).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine insider transaction for tax purposes, which typically has a neutral impact on market sentiment and does not signal a change in company fundamentals.
Industry Context
StockSavvy.ai notes that insider transactions, particularly those coded 'F' for tax withholding, are common occurrences for executives receiving equity compensation. These routine disposals are generally not indicative of significant operational changes or a shift in management's outlook on the company's prospects.
Stakeholder Impact
- Minimal direct impact on shareholders as this is a routine tax-related transaction and does not reflect a discretionary sale based on performance outlook.
Key Dates
| Date | Description |
|---|---|
| 02/27/2017 | Date exercisable for 1,750 stock options with an exercise price of $45.30. |
| 02/26/2018 | Date exercisable for 1,750 stock options with an exercise price of $37.60. |
| 02/25/2019 | Date exercisable for 1,750 stock options with an exercise price of $38.49. |
| 02/24/2020 | Date exercisable for 793 stock options with an exercise price of $32.51. |
| 02/22/2026 | Transaction date for the disposal of 354 common shares for tax withholding. |
| 02/23/2026 | Transaction date for the disposal of 218 common shares for tax withholding. |
| 02/25/2026 | Signature date of the reporting person. |
| 02/27/2027 | Expiration date for 1,750 stock options with an exercise price of $45.30. |
| 02/26/2028 | Expiration date for 1,750 stock options with an exercise price of $37.60. |
| 02/25/2029 | Expiration date for 1,750 stock options with an exercise price of $38.49. |
| 02/24/2030 | Expiration date for 793 stock options with an exercise price of $32.51. |
Recommendation
holdThe filing details a routine disposal of shares by an executive for tax withholding purposes, which is a common occurrence and does not provide new information to alter the investment thesis for United Bankshares Inc. Therefore, a 'hold' recommendation remains appropriate based solely on this filing.
Keywords
United Bankshares, UBSI, Insider Transaction, Form 4, Stock Sale, Executive Compensation, Tax Withholding, Bank Stock
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.