Form 4: United Bankshares Director Winter P Clinton Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Winter P Clinton reports changes in beneficial ownership of United Bankshares Inc/WV, including common stock and phantom stock transactions.
Summary
- On August 28, 2024, Director Winter P Clinton filed a Form 4 with the SEC reporting changes in beneficial ownership of United Bankshares Inc/WV (UBSI).
- The report indicates direct ownership of 455,166 shares of common stock.
- It also shows indirect ownership of 36,800 shares through Bray & Oakley Insurance and 1,000 shares held by a spouse.
- The director acquired 656 shares of phantom stock at a price of $38.3899 per share.
- Following the reported transactions, the director beneficially owns 48,433 derivative securities (phantom stock).
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions in the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the ownership stake of a key director.
Key Dates
| Date | Description |
|---|---|
| 08/28/2024 | Date of earliest transaction and filing date. |
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