Draber Ross M 4
Research Summary
AI-generated summary
United Bankshares (UBSI) EVP Ross Draber Receives 5,980-Share Award
What Happened
Ross M. Draber, Executive Vice President of United Bankshares, was granted 5,980 restricted stock units (RSUs) on February 19, 2026. The grant was recorded at $0.00 per share (a typical notation for awards rather than a cash purchase); the award vests in three equal annual installments per the filing.
Key Details
- Transaction date: 2026-02-19; filing date: 2026-02-20 (appears timely).
- Transaction type: Award/Grant (code A) — 5,980 RSUs granted at $0.00 per share.
- Vesting: Award vests in three equal annual installments (footnote F1).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Other footnotes in the filing: F2 notes additional shares acquired via the Dividend Reinvestment Plan; F3 notes additional shares from the UBSI 401(k) plan since the last 401(k) ownership report.
Context
- This is a grant of restricted stock units (not an open-market purchase or sale). Grants are common compensation for executives and do not by themselves signal immediate buying or selling pressure.
- Because the RSUs vest over time, their value to the insider is realized only if vesting conditions are met and any applicable taxes are satisfied.