Form 4: United Bankshares Director Diana Lewis Jackson Reports Acquisition of 1,904 Shares
SEC Form 4 Filing
Director Diana Lewis Jackson reports acquiring 1,904 shares of United Bankshares Inc/WV (UBSI) common stock through a restricted stock grant.
Summary
- On February 20, 2025, Diana Lewis Jackson, a director of United Bankshares Inc/WV (UBSI), acquired 1,904 shares of common stock.
- The acquisition was made through a grant of restricted stock.
- The shares were acquired at a price of $0.00 per share.
- Following the transaction, Ms. Jackson directly owns 12,199 shares of UBSI common stock.
- The restricted stock award vests in three equal annual installments.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. A director acquiring shares, even through a grant, is generally seen as a sign of confidence in the company. However, it's a routine filing and doesn't necessarily indicate a major shift in the company's prospects.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Future Outlook
The restricted stock award vests in three equal annual installments, suggesting a multi-year commitment from the director.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's acquisition of company stock, which is generally viewed positively by investors.
Stakeholder Impact
- The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of transaction: Acquisition of 1,904 shares of common stock. |
| 02/21/2025 | Date of signature for the Form 4 filing. |
Keywords
UBSI, United Bankshares, Director, Stock Acquisition, Form 4, Diana Lewis Jackson, Restricted Stock
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