ADAMS RICHARD M JR 4
4 · UNITED BANKSHARES INC/WV · Filed Feb 25, 2025
Insider Transaction Report
Form 4
ADAMS RICHARD M JR
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock
2025-02-22$35.53/sh−5,409$192,182→ 163,942.392 total - Tax Payment
Common Stock
2025-02-23$35.53/sh−2,451$87,084→ 161,491.392 total - Award
Common Stock
2025-02-22+11,923→ 174,986.392 total - Tax Payment
Common Stock
2025-02-22$35.53/sh−1,240$44,057→ 173,746.392 total - Tax Payment
Common Stock
2025-02-22$35.53/sh−4,395$156,154→ 169,351.392 total
Holdings
- 254.151
Phantom Stock
→ Common Stock (254.151 underlying) - 11,100
Stock Option
Exercise: $35.04From: 2016-02-29Exp: 2026-02-28→ Common Stock (11,100 underlying) - 16,060
Stock Option
Exercise: $37.60From: 2018-02-26Exp: 2028-02-26→ Common Stock (16,060 underlying) - 16,060
Stock Option
Exercise: $45.30From: 2017-02-27Exp: 2027-02-27→ Common Stock (16,060 underlying) - 15,509.986(indirect: By 401(k))
Common Stock
- 14,761
Stock Option
Exercise: $32.51From: 2020-02-24Exp: 2030-02-24→ Common Stock (14,761 underlying) - 7,381
Stock Option
Exercise: $32.51From: 2021-02-24Exp: 2030-02-24→ Common Stock (7,381 underlying) - 10,986.084(indirect: By Trust)
Common Stock
- 11,613
Stock Option
Exercise: $38.49From: 2019-02-25Exp: 2029-02-25→ Common Stock (11,613 underlying)
Footnotes (5)
- [F1]Represents performance-based restricted stock units granted in February 2022 that vested in February 2025 upon achievement of performance goals. The restricted stock units were settled by delivery of an equal number of shares of common stock.
- [F2]Includes additional shares acquired under the UBSI 401K plan since the date of the reporting person's last 401K ownership report.
- [F3]Shares of phantom stock are payable in cash following the reporting persons termination of employment with UBSI.
- [F4]1 for 1
- [F5]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.