Form 4: United Bankshares Director Winter P Clinton Reports Changes in Beneficial Ownership

Director Winter P Clinton reports changes in beneficial ownership of United Bankshares Inc/WV, including phantom stock transactions.

Summary

• Director Winter P Clinton filed a Form 4 reporting changes in beneficial ownership of United Bankshares Inc/WV (UBSI) on April 1, 2025.
• The report details the acquisition of 548 shares of phantom stock at a price of $34.47.
• Clinton directly owns 457,070 shares of common stock.
• Clinton indirectly owns 36,800 shares of common stock through Bray & Oakley Insurance and 1,000 shares through a spouse.
• Following the reported transactions, Clinton beneficially owns 51,656 derivative securities (phantom stock).

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing changes in beneficial ownership, with no inherent positive or negative sentiment.

Future Outlook

The phantom stock shares are payable in cash upon the reporting person's termination of employment with UBSI.

Industry Context

Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their trading activities and holdings in their own company's stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the holdings and transactions of a company director.

Key Dates

Keywords

beneficial ownership, Form 4, phantom stock, director, UBSI, United Bankshares, securities