UNITED BANKSHARES INC/WV·4

Feb 20, 1:07 PM ET

CONSAGRA JAMES J JR 4

Research Summary

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Updated

United Bankshares COO James Consagra Receives 17,154-Share Award

What Happened

  • James J. Consagra Jr., Chief Operating Officer of United Bankshares (UBSI), was granted 17,154 restricted stock units (RSUs) on February 19, 2026. The filing reports an acquisition price of $0 because this was an award/grant rather than an open‑market purchase. This is a compensation award (not a sale) and will vest over time rather than representing an immediate purchase of shares.

Key Details

  • Transaction date and type: 2026-02-19 — Grant/Award of 17,154 RSUs (report shows $0 per share as this is an award).
  • Vesting: Award vests in three equal annual installments (per footnote).
  • Shares owned after transaction: Not specified in the provided excerpt of the filing.
  • Additional note: Filing footnote indicates the filing includes additional shares acquired under the UBSI 401(k) plan since the reporting person's last 401(k) ownership report.
  • Filing timeliness: Form 4 was filed on 2026-02-20 for the 2026-02-19 transaction — appears to be filed promptly.

Context

  • RSU grants are a form of compensation that vest over time and are not an immediate market purchase or sale; they can align executive incentives with shareholder returns but do not necessarily signal near‑term buying or selling intent.
  • Because the award vests in installments, the economic benefit to the insider will be realized over the next three years as portions of the grant vest (subject to plan terms and any forfeiture conditions).