Williams Darren K 4
Research Summary
AI-generated summary
United Bankshares (UBSI) EVP Darren K. Williams Receives 4,784-Share Award
What Happened
- Darren K. Williams, Executive Vice‑President of United Bankshares, was granted 4,784 restricted stock units (RSUs) on February 19, 2026. The Form 4 records the acquisition price as $0.00, reflecting an equity award rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-02-19 (reported on Form 4 filed 2026-02-20).
- Transaction type/code: Award/Grant (A).
- Shares involved: 4,784 RSUs; acquisition price listed as $0.00 (typical for RSU grants).
- Vesting: Award vests in three equal annual installments (footnote F1).
- Additional note: Filing indicates inclusion of additional shares acquired under the UBSI 401(k) plan since the reporting person's last 401(k) ownership report (footnote F2).
- Shares owned after transaction: not specified in the summary information provided.
- Filing timing: Reported the next day (appears timely; no late‑filing flag stated).
Context
- RSU grants are a form of compensation that do not require payment by the insider and generally vest over time; they do not represent an immediate market purchase or sale. For retail investors, awards signal management compensation/retention practices but are not a direct bullish or bearish trading signal. The shares will become taxable and count as owned only as they vest according to the stated schedule.