Form 4: United Bankshares Director Patrice A. Harris Reports Stock Acquisition

Patrice A. Harris, a director of United Bankshares Inc., reports acquiring 1,904 shares of common stock through a restricted stock grant and additional shares through a Dividend Reinvestment Plan.

Summary

• Patrice A. Harris, a director of United Bankshares Inc. (UBSI), filed a Form 4 on February 21, 2025, reporting changes in beneficial ownership of the company's stock.
• On February 20, 2025, Ms. Harris acquired 1,904 shares of common stock through a restricted stock grant.
• The restricted stock award vests in three equal annual installments.
• Additionally, Ms. Harris acquired shares through the Dividend Reinvestment Plan.
• Following these transactions, Ms. Harris beneficially owns 12,357.7867 shares of UBSI common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing simply reports routine stock acquisitions by a director. There is no indication of positive or negative sentiment towards the company's performance.

Positives

• The acquisition of shares through a restricted stock grant aligns the director's interests with those of the shareholders.
• Participation in the Dividend Reinvestment Plan demonstrates a long-term investment perspective.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's confidence in the company's prospects.

Stakeholder Impact

• The stock acquisitions could have a slightly positive impact on shareholder confidence.

Key Dates

Keywords

Form 4, beneficial ownership, UBSI, United Bankshares Inc, director, Patrice A. Harris, stock acquisition, restricted stock, Dividend Reinvestment Plan