Form 4: United Bankshares Director Lacy I Rice III Acquires Shares Through Restricted Stock Grant

Director Lacy I Rice III of United Bankshares Inc. acquired 1,904 shares of common stock through a restricted stock grant that vests in three equal annual installments.

Summary

• On February 20, 2025, Lacy I Rice III, a director of United Bankshares Inc., acquired 1,904 shares of common stock.
• The acquisition was made through a grant of restricted stock.
• The restricted stock award vests in three equal annual installments.
• Following the transaction, Rice directly owns 36,911 shares of United Bankshares Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. A director acquiring shares, even through a grant, can be seen as a positive sign, indicating confidence in the company. However, it's a routine transaction.

Positives

• The acquisition of shares by a director signals 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 routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates a director's acquisition of company stock, which is a common occurrence.

Stakeholder Impact

• The acquisition of shares by a director could have a slightly positive impact on shareholder confidence.

Key Dates

Keywords

Form 4, Beneficial Ownership, Director, UBSI, United Bankshares Inc., Restricted Stock, Lacy I Rice III, Stock Grant