Form 4: United Bankshares Inc. Executive Vice President Julie R. Gurtis Reports Stock Transactions
SEC Form 4 Filing
Executive Vice President Julie R. Gurtis reports the acquisition and disposal of United Bankshares Inc. common stock and stock options.
Summary
- Julie R. Gurtis, an Executive Vice President at United Bankshares Inc. (UBSI), filed a Form 4 detailing changes in her beneficial ownership of the company's securities.
- On November 6, 2024, Gurtis acquired 3,200 shares of common stock at a price of $36.92 and disposed of 2,968 shares at $42.59.
- These transactions were related to the exercise of stock options.
- Following these transactions, Gurtis directly owns 23,767 shares of common stock.
- She also indirectly owns 12,109.2919 shares through a 401k plan, 587 shares through a family trust, and 1,268 shares through her spouse's 401k.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, so the sentiment is neither positive nor negative.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in the financial industry.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 02/23/2015 | Date exercisable for some stock options |
| 02/29/2016 | Date exercisable for some stock options |
| 02/27/2017 | Date exercisable for some stock options |
| 02/26/2018 | Date exercisable for some stock options |
| 02/25/2019 | Date exercisable for some stock options |
| 02/24/2020 | Date exercisable for some stock options |
| 11/06/2024 | Date of stock and option transactions |
| 02/23/2025 | Expiration date for some stock options |
| 02/25/2029 | Expiration date for some stock options |
| 02/24/2030 | Expiration date for some stock options |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.