Capito Charles L. JR 4
Research Summary
AI-generated summary
United Bankshares (UBSI) Director Charles L. Capito Jr Receives 1,588-Share Award
What Happened
Charles L. Capito Jr., a director of United Bankshares, was granted 1,588 shares of restricted stock on 2026-02-19. The Form 4 reports the shares were issued at $0.00 (award/grant), consistent with a compensation grant rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-19; Filing date: 2026-02-20 (timely filing).
- Transaction type/code: Award/Grant (A).
- Shares granted: 1,588 restricted shares; reported acquisition price $0.00 per share.
- Shares owned after transaction: Not disclosed in the information provided in this summary/filing.
- Footnote: The restricted stock vests in three equal annual installments.
- No indication of a 10b5-1 plan, tax-withholding sale, or late filing in the provided data.
Context
This was a compensation grant of restricted stock, which vests over time per the footnote. Such awards are part of executive/director pay programs and do not necessarily reflect immediate trading confidence in the stock in the same way as open-market purchases.