ADAMS RICHARD M SR 4

What Happened

• Richard M. Adams Sr., Executive Chairman and Director of United Bankshares, received an award of 21,551 restricted stock units (RSUs) on 2026-02-19 (transaction code A). The units were reported at $0.00 per share (grant), so no cash purchase price was paid. The filing was made on 2026-02-20.

Key Details

• Transaction date: 2026-02-19; Price: $0.00; Shares awarded: 21,551 RSUs.
• Reported value on Form 4: $0 (grant of RSUs rather than open-market purchase).
• Vesting: Footnote F1 — the award vests in three equal annual installments (subject to any forfeiture conditions until vested).
• Shares owned after the transaction: not specified in the provided excerpt—see the full Form 4 for current beneficial ownership.
• Timeliness: Filing date (2026-02-20) is the day after the transaction date, consistent with timely reporting requirements.

Context

• This was an equity compensation grant (award), not an open-market buy or sale; such grants compensate officers and do not by themselves signal buying or selling intent. RSUs typically convert to actual shares only as they vest and may be subject to restrictions and tax withholding.