[Form 4] United Bankshares Inc Insider Trading Activity
United Bankshares, Inc. (UBSI) 鈥� Form 4 filed 08/06/2025
Director Clinton P. Winter reported a Code P acquisition of 278 phantom stock units at an average reference price of $35.7692. Phantom stock is settled in cash after the director leaves the company and therefore does not immediately dilute equity, but aligns compensation with share-price performance.
Following the transaction, Winter鈥檚 holdings stand at:
- Common stock 鈥� direct: 457,070 shares
- Common stock 鈥� indirect: 36,800 shares via Bray & Oakley Insurance and 1,000 shares held by spouse
- Phantom stock: 53,198 units (including the 278 newly acquired)
The purchase value is roughly $10k, a modest amount relative to the director鈥檚 existing stake and UBSI鈥檚 $5 bn+ market cap. No sales were reported. The filing signals continued insider alignment but is unlikely to be financially material for investors.
United Bankshares, Inc. (UBSI) 鈥� Modulo 4 depositato il 06/08/2025
Il direttore Clinton P. Winter ha segnalato un'acquisizione Codice P di 278 unit脿 di azioni fantasma a un prezzo di riferimento medio di $35,7692. Le azioni fantasma vengono liquidate in contanti dopo che il direttore lascia l'azienda e quindi non diluiscono immediatamente il capitale azionario, ma allineano la remunerazione alla performance del prezzo delle azioni.
Dopo la transazione, le partecipazioni di Winter sono le seguenti:
- Azioni ordinarie 鈥� dirette: 457.070 azioni
- Azioni ordinarie 鈥� indirette: 36.800 azioni tramite Bray & Oakley Insurance e 1.000 azioni detenute dal coniuge
- Azioni fantasma: 53.198 unit脿 (incluse le 278 appena acquisite)
Il valore dell'acquisto 猫 di circa $10.000, una cifra modesta rispetto alla partecipazione esistente del direttore e alla capitalizzazione di mercato di UBSI, superiore a 5 miliardi di dollari. Non sono state segnalate vendite. La comunicazione indica un continuo allineamento degli insider, ma probabilmente non avr脿 un impatto finanziario significativo per gli investitori.
United Bankshares, Inc. (UBSI) 鈥� Formulario 4 presentado el 06/08/2025
El director Clinton P. Winter report贸 una adquisici贸n C贸digo P de 278 unidades ficticias de acciones a un precio de referencia promedio de $35.7692. Las acciones ficticias se liquidan en efectivo una vez que el director deja la empresa, por lo que no diluyen inmediatamente el capital, pero alinean la compensaci贸n con el desempe帽o del precio de las acciones.
Tras la transacci贸n, las participaciones de Winter son:
- Acciones ordinarias 鈥� directas: 457,070 acciones
- Acciones ordinarias 鈥� indirectas: 36,800 acciones a trav茅s de Bray & Oakley Insurance y 1,000 acciones en poder del c贸nyuge
- Acciones ficticias: 53,198 unidades (incluyendo las 278 reci茅n adquiridas)
El valor de la compra es aproximadamente $10,000, una cantidad modesta en relaci贸n con la participaci贸n existente del director y la capitalizaci贸n de mercado de UBSI, que supera los 5 mil millones de d贸lares. No se reportaron ventas. La presentaci贸n se帽ala una continua alineaci贸n de los insiders, aunque probablemente no sea financieramente significativa para los inversores.
United Bankshares, Inc. (UBSI) 鈥� 2025雲� 8鞗� 6鞚� 鞝滌稖霅� Form 4
鞚挫偓 Clinton P. Winter臧� 旖旊摐 P鞐� 霐半ジ 278臧滌潣 韺厐 鞀ろ啞 鞙犽嫑鞚� 韽夑窢 旮办 臧�瓴� $35.7692鞐� 旆摑頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 韺厐 鞀ろ啞鞚� 鞚挫偓臧� 須岇偓毳� 霒犽倻 頉� 順勱笀鞙茧 鞝曥偘霅橂瘈搿� 歃夓嫓 欤检嫕 頋劃鞚� 氚滌儩頃橃 鞎婌溂氅�, 氤挫儊鞚� 欤缄皜 靹标臣鞕� 鞐半彊鞁滍偆電� 鞐暊鞚� 頃╇媹雼�.
瓯半灅 頉� Winter鞚� 氤挫湢 雮挫棴鞚� 雼れ潓瓿� 臧欖姷雼堧嫟:
- 氤错喌欤� 鈥� 歆侅爲 氤挫湢: 457,070欤�
- 氤错喌欤� 鈥� 臧勳爲 氤挫湢: Bray & Oakley Insurance毳� 韱淀暅 36,800欤� 氚� 氚办毎鞛� 氇呾潣 1,000欤�
- 韺厐 鞀ろ啞: 53,198 鞙犽嫑 (靸堧 旆摑頃� 278 鞙犽嫑 韽暔)
甑Г 臧�旃橂姅 鞎� $10,000搿�, 鞚挫偓鞚� 旮办〈 歆�攵� 氚� UBSI鞚� 50鞏� 雼煬 鞚挫儊鞚� 鞁滉皜齑濎暋鞐� 牍勴暣 鞝侅潃 旮堨暋鞛呺媹雼�. 毵る弰電� 氤搓碃霅橃 鞎婌晿鞀惦媹雼�. 鞚措矆 鞝滌稖鞚� 雮措秬鞛愲摛鞚� 歆�靻嶌爜鞚� 鞚错暣甏�瓿� 鞚检箻毳� 雮橅儉雮挫毵� 韴瀽鞛愳棎瓴岆姅 鞛鞝侅溂搿� 韥� 鞓來枼鞚� 氙胳箻歆� 鞎婌潉 瓴冹溂搿� 氤挫瀰雼堧嫟.
United Bankshares, Inc. (UBSI) 鈥� Formulaire 4 d茅pos茅 le 06/08/2025
Le directeur Clinton P. Winter a d茅clar茅 une acquisition Code P de 278 unit茅s d鈥檃ctions fant么mes 脿 un prix de r茅f茅rence moyen de 35,7692 $. Les actions fant么mes sont r茅gl茅es en esp猫ces apr猫s que le directeur quitte l鈥檈ntreprise et ne diluent donc pas imm茅diatement les capitaux propres, mais alignent la r茅mun茅ration sur la performance du cours de l鈥檃ction.
Apr猫s la transaction, les avoirs de Winter sont :
- Actions ordinaires 鈥� directes : 457 070 actions
- Actions ordinaires 鈥� indirectes : 36 800 actions via Bray & Oakley Insurance et 1 000 actions d茅tenues par le conjoint
- Actions fant么mes : 53 198 unit茅s (y compris les 278 r茅cemment acquises)
La valeur d鈥檃chat est d鈥檈nviron 10 000 $, un montant modeste par rapport 脿 la participation existante du directeur et 脿 la capitalisation boursi猫re de plus de 5 milliards de dollars d鈥橴BSI. Aucune vente n鈥檃 茅t茅 signal茅e. Le d茅p么t indique un alignement continu des initi茅s, mais il est peu probable qu鈥檌l ait un impact financier significatif pour les investisseurs.
United Bankshares, Inc. (UBSI) 鈥� Formular 4 eingereicht am 06.08.2025
Direktor Clinton P. Winter meldete den Erwerb von 278 Phantomaktieneinheiten 驳别尘盲脽 Code P zu einem durchschnittlichen Referenzpreis von 35,7692 $. Phantomaktien werden in bar ausgezahlt, nachdem der Direktor das Unternehmen verl盲sst, wodurch es nicht sofort zu einer Verw盲sserung des Eigenkapitals kommt, aber die Verg眉tung an die Kursentwicklung der Aktie koppelt.
Nach der Transaktion h盲lt Winter:
- Stammaktien 鈥� direkt: 457.070 Aktien
- Stammaktien 鈥� indirekt: 36.800 Aktien 眉ber Bray & Oakley Insurance und 1.000 Aktien im Besitz des Ehepartners
- Phantomaktien: 53.198 Einheiten (einschlie脽lich der neu erworbenen 278)
Der Kaufwert betr盲gt etwa 10.000 $, eine bescheidene Summe im Vergleich zu den bestehenden Anteilen des Direktors und der Marktkapitalisierung von UBSI von 眉ber 5 Milliarden Dollar. Verk盲ufe wurden nicht gemeldet. Die Meldung signalisiert eine weiterhin bestehende 脺bereinstimmung der Insider, d眉rfte f眉r Investoren jedoch finanziell wenig relevant sein.
- Insider buy signal: Director chose to increase economic exposure, which can be interpreted as incremental confidence in UBSI鈥檚 prospects.
- Immaterial size: The 278-unit purchase (~$10k) is too small relative to existing holdings and market cap to be a strong bullish indicator.
Insights
TL;DR: Minor insider purchase; positive sentiment, immaterial size.
The Code P buy of 278 phantom units (<鈮�$10k) marginally increases Winter鈥檚 economic exposure to UBSI without adding share count. Combined direct and indirect common holdings already exceed 495k shares, so the incremental change is less than 0.1%. Such routine director compensation supports long-term alignment but does not alter the investment thesis or valuation. Insider activity screens will record it as a buy, offering a mildly positive signal yet not enough volume to sway institutional flows.
TL;DR: Standard deferred-comp plan action; neutral governance impact.
Phantom stock grants are typical board compensation tools that defer taxation and mirror shareholder returns. The Form 4 shows proper disclosure and no red flags: no Rule 10b5-1 plan, no option repricing, no related-party transactions. Because units settle in cash, shareholder dilution risk is nil. Governance takeaway is neutral; transparency maintained, insider alignment incrementally reinforced.
United Bankshares, Inc. (UBSI) 鈥� Modulo 4 depositato il 06/08/2025
Il direttore Clinton P. Winter ha segnalato un'acquisizione Codice P di 278 unit脿 di azioni fantasma a un prezzo di riferimento medio di $35,7692. Le azioni fantasma vengono liquidate in contanti dopo che il direttore lascia l'azienda e quindi non diluiscono immediatamente il capitale azionario, ma allineano la remunerazione alla performance del prezzo delle azioni.
Dopo la transazione, le partecipazioni di Winter sono le seguenti:
- Azioni ordinarie 鈥� dirette: 457.070 azioni
- Azioni ordinarie 鈥� indirette: 36.800 azioni tramite Bray & Oakley Insurance e 1.000 azioni detenute dal coniuge
- Azioni fantasma: 53.198 unit脿 (incluse le 278 appena acquisite)
Il valore dell'acquisto 猫 di circa $10.000, una cifra modesta rispetto alla partecipazione esistente del direttore e alla capitalizzazione di mercato di UBSI, superiore a 5 miliardi di dollari. Non sono state segnalate vendite. La comunicazione indica un continuo allineamento degli insider, ma probabilmente non avr脿 un impatto finanziario significativo per gli investitori.
United Bankshares, Inc. (UBSI) 鈥� Formulario 4 presentado el 06/08/2025
El director Clinton P. Winter report贸 una adquisici贸n C贸digo P de 278 unidades ficticias de acciones a un precio de referencia promedio de $35.7692. Las acciones ficticias se liquidan en efectivo una vez que el director deja la empresa, por lo que no diluyen inmediatamente el capital, pero alinean la compensaci贸n con el desempe帽o del precio de las acciones.
Tras la transacci贸n, las participaciones de Winter son:
- Acciones ordinarias 鈥� directas: 457,070 acciones
- Acciones ordinarias 鈥� indirectas: 36,800 acciones a trav茅s de Bray & Oakley Insurance y 1,000 acciones en poder del c贸nyuge
- Acciones ficticias: 53,198 unidades (incluyendo las 278 reci茅n adquiridas)
El valor de la compra es aproximadamente $10,000, una cantidad modesta en relaci贸n con la participaci贸n existente del director y la capitalizaci贸n de mercado de UBSI, que supera los 5 mil millones de d贸lares. No se reportaron ventas. La presentaci贸n se帽ala una continua alineaci贸n de los insiders, aunque probablemente no sea financieramente significativa para los inversores.
United Bankshares, Inc. (UBSI) 鈥� 2025雲� 8鞗� 6鞚� 鞝滌稖霅� Form 4
鞚挫偓 Clinton P. Winter臧� 旖旊摐 P鞐� 霐半ジ 278臧滌潣 韺厐 鞀ろ啞 鞙犽嫑鞚� 韽夑窢 旮办 臧�瓴� $35.7692鞐� 旆摑頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 韺厐 鞀ろ啞鞚� 鞚挫偓臧� 須岇偓毳� 霒犽倻 頉� 順勱笀鞙茧 鞝曥偘霅橂瘈搿� 歃夓嫓 欤检嫕 頋劃鞚� 氚滌儩頃橃 鞎婌溂氅�, 氤挫儊鞚� 欤缄皜 靹标臣鞕� 鞐半彊鞁滍偆電� 鞐暊鞚� 頃╇媹雼�.
瓯半灅 頉� Winter鞚� 氤挫湢 雮挫棴鞚� 雼れ潓瓿� 臧欖姷雼堧嫟:
- 氤错喌欤� 鈥� 歆侅爲 氤挫湢: 457,070欤�
- 氤错喌欤� 鈥� 臧勳爲 氤挫湢: Bray & Oakley Insurance毳� 韱淀暅 36,800欤� 氚� 氚办毎鞛� 氇呾潣 1,000欤�
- 韺厐 鞀ろ啞: 53,198 鞙犽嫑 (靸堧 旆摑頃� 278 鞙犽嫑 韽暔)
甑Г 臧�旃橂姅 鞎� $10,000搿�, 鞚挫偓鞚� 旮办〈 歆�攵� 氚� UBSI鞚� 50鞏� 雼煬 鞚挫儊鞚� 鞁滉皜齑濎暋鞐� 牍勴暣 鞝侅潃 旮堨暋鞛呺媹雼�. 毵る弰電� 氤搓碃霅橃 鞎婌晿鞀惦媹雼�. 鞚措矆 鞝滌稖鞚� 雮措秬鞛愲摛鞚� 歆�靻嶌爜鞚� 鞚错暣甏�瓿� 鞚检箻毳� 雮橅儉雮挫毵� 韴瀽鞛愳棎瓴岆姅 鞛鞝侅溂搿� 韥� 鞓來枼鞚� 氙胳箻歆� 鞎婌潉 瓴冹溂搿� 氤挫瀰雼堧嫟.
United Bankshares, Inc. (UBSI) 鈥� Formulaire 4 d茅pos茅 le 06/08/2025
Le directeur Clinton P. Winter a d茅clar茅 une acquisition Code P de 278 unit茅s d鈥檃ctions fant么mes 脿 un prix de r茅f茅rence moyen de 35,7692 $. Les actions fant么mes sont r茅gl茅es en esp猫ces apr猫s que le directeur quitte l鈥檈ntreprise et ne diluent donc pas imm茅diatement les capitaux propres, mais alignent la r茅mun茅ration sur la performance du cours de l鈥檃ction.
Apr猫s la transaction, les avoirs de Winter sont :
- Actions ordinaires 鈥� directes : 457 070 actions
- Actions ordinaires 鈥� indirectes : 36 800 actions via Bray & Oakley Insurance et 1 000 actions d茅tenues par le conjoint
- Actions fant么mes : 53 198 unit茅s (y compris les 278 r茅cemment acquises)
La valeur d鈥檃chat est d鈥檈nviron 10 000 $, un montant modeste par rapport 脿 la participation existante du directeur et 脿 la capitalisation boursi猫re de plus de 5 milliards de dollars d鈥橴BSI. Aucune vente n鈥檃 茅t茅 signal茅e. Le d茅p么t indique un alignement continu des initi茅s, mais il est peu probable qu鈥檌l ait un impact financier significatif pour les investisseurs.
United Bankshares, Inc. (UBSI) 鈥� Formular 4 eingereicht am 06.08.2025
Direktor Clinton P. Winter meldete den Erwerb von 278 Phantomaktieneinheiten 驳别尘盲脽 Code P zu einem durchschnittlichen Referenzpreis von 35,7692 $. Phantomaktien werden in bar ausgezahlt, nachdem der Direktor das Unternehmen verl盲sst, wodurch es nicht sofort zu einer Verw盲sserung des Eigenkapitals kommt, aber die Verg眉tung an die Kursentwicklung der Aktie koppelt.
Nach der Transaktion h盲lt Winter:
- Stammaktien 鈥� direkt: 457.070 Aktien
- Stammaktien 鈥� indirekt: 36.800 Aktien 眉ber Bray & Oakley Insurance und 1.000 Aktien im Besitz des Ehepartners
- Phantomaktien: 53.198 Einheiten (einschlie脽lich der neu erworbenen 278)
Der Kaufwert betr盲gt etwa 10.000 $, eine bescheidene Summe im Vergleich zu den bestehenden Anteilen des Direktors und der Marktkapitalisierung von UBSI von 眉ber 5 Milliarden Dollar. Verk盲ufe wurden nicht gemeldet. Die Meldung signalisiert eine weiterhin bestehende 脺bereinstimmung der Insider, d眉rfte f眉r Investoren jedoch finanziell wenig relevant sein.
FAQ
How many UBSI phantom stock units did Director Clinton P. Winter acquire?
What is the price reference for the newly acquired UBSI phantom stock?
What are Clinton P. Winter鈥檚 total UBSI common stock holdings after the transaction?
Does the phantom stock purchase dilute existing UBSI shareholders?
Is this Form 4 filing considered materially significant to UBSI investors?
