Form 4: United Bankshares Executive Vice President Darren K. Williams Reports Stock Transactions

Executive Vice President Darren K. Williams reports acquisition and disposal of United Bankshares Inc. stock, including vesting of restricted stock units and tax withholding.

Summary

• Darren K. Williams, an Executive Vice President at United Bankshares Inc. (UBSI), filed a Form 4 detailing changes in beneficial ownership of the company's stock.
• On February 22, 2025, Williams acquired 6,379 shares of common stock upon the vesting of performance-based restricted stock units granted in February 2022.
• Also on February 22, 2025, Williams disposed of shares to cover tax obligations related to the vesting: 664 shares, 840 shares and 3,147 shares.
• On February 23, 2025, Williams disposed of 609 shares.
• Following these transactions, Williams directly owns 40,733 shares of common stock, 2,208 shares in a Direct IRA, and indirectly owns 4,395.7765 shares through a 401k plan.
• Williams also holds multiple stock options with varying exercise prices and expiration dates.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing reflects routine transactions related to executive compensation. The vesting of restricted stock is a positive sign, but the subsequent sale for tax purposes is a neutral event.

Positives

• The vesting of performance-based restricted stock units suggests that performance goals were met, which could be viewed positively.

Negatives

• The disposal of shares to cover tax obligations, while common, reduces Williams' direct holdings in the company.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. They are closely watched by investors for signals about management's confidence in the company.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.

Key Dates