UNITED BANKSHARES INC/WV·4

Feb 20, 12:17 PM ET

Schultheis Anna J 4

Research Summary

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Updated

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.