Richard M. Adams Jr - Feb 20, 2025 Form 4 Insider Report for UNITED BANKSHARES INC/WV (UBSI)

Role
Chief Executive Officer, Director
Signature
Shelli L. Adams
Stock symbol
UBSI
Transactions as of
Feb 20, 2025
Transactions value $
$0
Form type
4
Date filed
2/24/2025, 03:44 PM
Previous filing
Nov 8, 2024
Next filing
Feb 25, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBSI Common Stock Award $0 +29.9K +22.47% $0.00 163K Feb 20, 2025 Direct F1
holding UBSI Common Stock 15.5K Feb 20, 2025 By 401k F2
holding UBSI Common Stock 11K Feb 20, 2025 Trust for Children

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding UBSI Phantom Stock 254 Feb 20, 2025 Common Stock 254 Direct F3, F4, F5
holding UBSI Stock Option 14.8K Feb 20, 2025 Common Stock 14.8K $32.51 Direct
holding UBSI Stock Option 7.38K Feb 20, 2025 Common Stock 7.38K $32.51 Direct
holding UBSI Stock Option 11.1K Feb 20, 2025 Common Stock 11.1K $35.04 Direct
holding UBSI Stock Option 16.1K Feb 20, 2025 Common Stock 16.1K $37.60 Direct
holding UBSI Stock Option 11.6K Feb 20, 2025 Common Stock 11.6K $38.49 Direct
holding UBSI Stock Option 16.1K Feb 20, 2025 Common Stock 16.1K $45.30 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were acquired pursuant to a grant of restricted stock units. The award vests in three equal annual installments.
F2 Includes additional shares acquired under the UBSI 401K plan since the date of the reporting person's last 401K ownership report.
F3 1 for 1
F4 The reporting person's shares of phantom stock arose through his deferral of compensation under the United Bankshares, Inc., Non-qualified Retirement and Savings Plan (the Plan). Shares of phantom stock are exercisable immediately.
F5 Shares of phantom stock are payable in cash following the reporting persons termination of employment with UBSI.