Form 4: United Bankshares Inc. Executive Vice President Reports Stock Transactions
SEC Form 4 Filing
William Mark Tatterson, an Executive Vice President at United Bankshares Inc., reports the disposition of common stock to cover tax obligations and details of derivative securities holdings.
Summary
- On February 23 and 24, 2024, William Mark Tatterson, an Executive Vice President of United Bankshares Inc., disposed of common stock to cover tax obligations.
- Specifically, 1,328 shares were disposed of at $34.36 on February 23, 2024, and 1,781 shares were disposed of at $34.42 on February 24, 2024.
- Following these transactions, Tatterson directly owns 74,558.7515 shares of common stock.
- Tatterson also indirectly owns 7,564.061 shares through a 401k and 85.9091 shares through his wife.
- The report also details Tatterson's holdings of various stock options with different exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions for tax obligations and stock option holdings. It doesn't convey strong positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/23/2015 | Earliest stock option exercisable date |
| 02/29/2016 | Stock option exercisable date |
| 02/27/2017 | Stock option exercisable date |
| 02/26/2018 | Stock option exercisable date |
| 02/25/2019 | Stock option exercisable date |
| 02/24/2020 | Stock option exercisable date |
| 02/24/2021 | Stock option exercisable date |
| 02/23/2024 | Date of common stock transaction |
| 02/24/2024 | Date of common stock transaction |
| 02/23/2025 | Stock option expiration date |
| 02/28/2026 | Stock option expiration date |
| 02/27/2027 | Stock option expiration date |
| 02/26/2028 | Stock option expiration date |
| 02/25/2029 | Stock option expiration date |
| 02/24/2030 | Stock option expiration date |
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