Form 4: United Bankshares Inc/WV Executive Vice President Reports Acquisition of Shares
SEC Form 4
Ami L Shaver, Executive Vice President of United Bankshares Inc/WV, reports acquiring shares of common stock through restricted stock awards and dividend reinvestment, as well as shares held in a 401k.
Summary
- Ami L Shaver, an Executive Vice President at United Bankshares Inc/WV (UBSI), filed a Form 4 detailing changes in beneficial ownership.
- On February 20, 2025, Shaver acquired 2,176 shares of common stock through a restricted stock award that vests in three equal annual installments.
- Shaver also acquired additional stock through the Dividend Reinvestment Plan, increasing their holdings to 14,994.291 shares.
- Additionally, Shaver's 401k plan includes 8,632.0578 shares, reflecting acquisitions since the last 401k ownership report.
- Shaver also holds multiple stock options with varying exercise prices and expiration dates.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The filing simply reports routine transactions. The acquisition of shares through restricted stock and dividend reinvestment is a mildly positive sign, but not significantly impactful.
Positives
- The acquisition of shares through restricted stock awards aligns the executive's interests with those of the shareholders.
- Participation in the Dividend Reinvestment Plan demonstrates a long-term investment perspective.
- The executive's 401k holdings reflect confidence in the company's future performance.
Industry Context
Form 4 filings are routine and provide transparency into the trading activities of company insiders, which can be an indicator of management's sentiment towards the company's prospects.
Stakeholder Impact
- The report provides shareholders with information about insider transactions, enhancing transparency.
Key Dates
| Date | Description |
|---|---|
| 02/29/2016 | Date of stock option grant with an exercise price of $35.04 and an expiration date of 03/01/2026. |
| 02/27/2017 | Date of stock option grant with an exercise price of $45.3 and an expiration date of 02/27/2027. |
| 02/26/2018 | Date of stock option grant with an exercise price of $37.6 and an expiration date of 02/26/2028. |
| 02/25/2019 | Date of stock option grant with an exercise price of $38.49 and an expiration date of 02/25/2029. |
| 02/24/2020 | Date of stock option grant with an exercise price of $32.51 and an expiration date of 02/24/2030. |
| 02/20/2025 | Date of transaction: Acquisition of common stock through restricted stock awards and dividend reinvestment. |
| 02/24/2025 | Date of report filing. |
| 02/26/2026 | Expiration date of stock options granted on 02/29/2016. |
| 02/27/2027 | Expiration date of stock options granted on 02/27/2017. |
| 02/26/2028 | Expiration date of stock options granted on 02/26/2018. |
| 02/25/2029 | Expiration date of stock options granted on 02/25/2019. |
| 02/24/2030 | Expiration date of stock options granted on 02/24/2020. |
Keywords
Form 4, Beneficial Ownership, Executive Vice President, UBSI, United Bankshares Inc/WV, Stock Options, Dividend Reinvestment Plan, Restricted Stock Award, 401k
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