Schultheis Anna J 4
Research Summary
AI-generated summary
United Bankshares (UBSI) EVP Anna Schultheis Receives Award
What Happened
- Anna J. Schultheis, Executive Vice President of United Bankshares, was granted 1,929 restricted shares on February 19, 2026. The shares were issued at $0.00 (i.e., as an award), with no cash paid by the insider.
- The filing notes the award vests in three equal annual installments, so the shares will become free of restrictions over time rather than immediately.
Key Details
- Transaction date: 2026-02-19; Filing date (Form 4): 2026-02-20 (timely).
- Transaction type/code: Award/Grant (A); shares acquired: 1,929; price: $0.00; reported transaction value: $0.
- Vesting: Award vests in three equal annual installments (footnote F1).
- Additional note (F2): Filing also states there have been additional shares acquired under the UBSI 401(k) plan since the reporting person's last 401(k) ownership report (amounts not specified in this excerpt).
- Shares owned after transaction: not specified in the provided excerpt.
Context
- This was an equity compensation grant (restricted stock award), a routine form of executive pay; it is not a market purchase or sale and does not necessarily signal immediate insider trading sentiment.
- Because the award vests over time, the insider cannot freely sell all shares immediately; vesting terms and potential forfeiture conditions apply.